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News (2123)
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July 03, 2019 Ill. Legislation To Know In 2019: Midyear Report
...Cannabis will be taxed at 10% or 25% of the purchase price, depending on its TCH level, and cannabis-infused...
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July 02, 2019 NJ To Phase Out Sales Tax On Medical Pot, Allow Local Tax
...to give up on legislative efforts to legalize and tax recreational cannabis in May....
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July 01, 2019 LA Changes Pot Tax Reporting From Quarterly To Monthly
...The city began regulating cannabis-related activity in March 2017, the notice said....
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June 26, 2019 Ill. To Legalize Recreational Pot With Cultivation, Excise Taxes
...price while cannabis with a THC level above 35% will be taxed at 25% of the purchase price....
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June 24, 2019 Justices Won't Review Colo. Pot Co. Claims Of IRS Overreach
...Burns & Levinson LLP associate Rodney Bedow, who advises cannabis businesses but was not involved in...
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June 19, 2019 No Green Light For NY Pot Legalization, Tax Bill
...gram of cannabis flower and 25 cents per dry-weight gram of cannabis trim....
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June 17, 2019 RI House Panel OKs Digital Sales Tax, SALT Cap Workaround
...The committee turned down proposals to legalize and tax cannabis for adults and rejected new fees on...
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June 17, 2019 Calif. Tax Agency Staffers Urge Clarity In Cannabis Regs
...Additionally, other amendments will clarify the definition of cannabis flowers, fresh cannabis plants...
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June 13, 2019 Maine Marijuana Tax Applies To Unlicensed Sales
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June 06, 2019 Sheppard Mullin Latest Firm To Court Cannabis Business
...They currently have about 40 cannabis clients, including cannabis brand OutCo Labs and cannabis technology...
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June 06, 2019 Why Association Health Plans Are Still A Great Idea
...Weed Works: AHPs and Cannabis Companies Cannabis, hemp and CBD companies can have difficulty affording...
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June 03, 2019 Illinois Legislature Passes Cannabis Legalization, Taxation
..."The majority of these taxes do not apply to cannabis sold through the state's medical cannabis program...
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May 31, 2019 Conn. Dems Reach Agreement On $43B Budget, Taxes
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May 30, 2019 Denying Opportunity Zone Perks For Pot Biz May Spark Suits
...I could see a cannabis business challenging that," Allen said....
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May 30, 2019 IRS Overstepped In Treating Pot Biz As Criminal, Justices Told
...The Internal Revenue Service "seeks to destroy" legal cannabis companies by using Section 280E of the...
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May 23, 2019 Calif. Advances Bill Allowing Pot Biz Deductions
...California's legal cannabis businesses would be allowed to claim tax deductions for business expenses...
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May 23, 2019 Calif. Cannabis Tax Revenue Rises 4% During 1st Quarter
...California's total tax revenue from the cannabis industry reached $116.6 million in the first quarter...
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May 22, 2019 Calif. Senate OKs Special Banks For Pot Biz Tax Payments
...limited charter banks and cannabis limited charter credit unions....