Colorado Tax Revenues Set to Reach $125 Million in 2015
Thu / Sep 24th
Colorado pot tax revenues may have fallen short of expectations in 2014, but things have certainly turned around this year.… Read More
Taxes
With legalization, federal, state and local governments have seen how much revenue marijuana taxes can bring in. Taxation of cannabis businesses is highly lucrative and as the market continues to grow many tax laws are changing to adapt to this increase. Below are articles and insights regarding marijuana taxes.
Colorado Pot Taxes for Schools Jump Significantly in 2015
Thu / Jul 16th
The Colorado Department of Revenue has released marijuana tax numbers for May 2015, and the state’s education sector is celebrating.… Read More
Washington Collects $70 Million in Taxes During First Year of Legal Marijuana Sales
Mon / Jul 6th
Since Washington launched its recreational marijuana market a year ago, some 160 pot shops have opened up across the state,… Read More
Colorado Governor Signs Permanent Cannabis Tax Break And Tax Holiday
Tue / Jun 9th
Colorado Governor John Hickenlooper approved a bill on Thursday that cuts the tax on recreational cannabis from 10% to 8%.… Read More
Bill to Reform Federal Taxes for Marijuana Businesses Proposed by Oregon Legislators
Thu / Apr 9th
U.S. Senator Ron Wyden (D-OR) and Congressman Earl Blumenauer (D-OR 3rd District) have announced a bill that would lessen the… Read More
Washington Senate Passes Bill to Restructure Legal Marijuana Taxes
Fri / Apr 3rd
The Washington state Senate has approved a bill that would change the current tax structure for recreational cannabis. As it… Read More
Colorado Government Will Ask to Keep $60 Million Marijuana Tax Refund
Thu / Apr 2nd
It appears that Colorado’s initial revenue estimates for last year were too low, and now state lawmakers are scrambling to keep… Read More
IRS to Refund Denver Dispensary for Tax Fines
Wed / Mar 25th
The Internal Revenue Service has stated that it will refund a Denver medical marijuana dispensary that paid its taxes in… Read More
Washington State Received $16 Million In Marijuana Taxes for 2014
Sat / Jan 3rd
2014 was a big year for marijuana. The Washington state recreational marijuana market garnered $16 million in excise tax revenue for the… Read More
The Raw Deal on Pot and Taxes
Tue / Aug 26th
From Washington State to Washington, D.C. much vital debate and legal reform has emerged among cannabis retailers, banking institutions, local… Read More
Washington’s Retail Marijuana Market Generates $615K in Taxes During First Three Weeks
Fri / Aug 1st
In the first three weeks of Washington’s legal marijuana sales, the state reportedly earned $614,985 in excise taxes on the… Read More
Colorado Receives $3.2 Million in Marijuana Taxes for February
Thu / Apr 17th
Colorado state, according to figures released by state authorities, earned $3.2 million in marijuana tax revenue during the month of… Read More
$2.4 Million to Colorado in Recreational Marijuana Tax Revenue
Thu / Mar 13th
The numbers are in, and Colorado has reportedly earned a whopping $2.4 million from recreational marijuana tax revenue for the… Read More
Double the Dollars: Colorado Recreational Marijuana Prices Soar
Wed / Jan 8th
January 1st was a significant date for recreational marijuana use in the United States, as residents of Colorado became the… Read More
Mile High Taxes? Denver City Council Considers Additional Tax on Marijuana Sales
Mon / Jul 29th
As the implementation of Colorado’s Amendment 64 continues, the question of how to tax recreational marijuana sales is getting more and… Read More