Tax revenue from California’s legal marijuana market fell far short of estimates in the second quarter, state officials have announced. The California Department of Tax and Fee Administration released figures for the period April through June 2018 on Wednesday. California’s …
The province has announced its markups on legal pot. Come October, Manitoba Liquor and Lotteries will apply markups of $0.75 per gram on recreational cannabis, plus an additional nine per cent. Retailers will have to pay, too, contributing six per …
Marijuana tax revenues continue to break state records, with projections for the month of July expected to yield the most money from cannabis cultivators to date. According to the Alaska Department of Revenue, the state anticipates collecting around $571,000 for …
A tribal Cannabis consulting firm in Nevada has helped arrange key compacts with Native American tribes. Tribal Cannabis Consulting (TCC) is a national consulting firm specializing in Native American cannabis policy. It successfully established the first cannabis compacts between the …
The federal and provincial governments should only expect a total of between $400 million and $450 million in tax revenue from legalized recreational marijuana, according to a new C.D. Howe Institute study. That is far less than the $5 billion …
Massachusetts voters approved a recreational marijuana sales plan that positioned the state to have the second-lowest tax rate of all the states with a legalized industry, but a deal struck Monday is going to increase that tax rate. The compromise …
The Massachusetts Senate passed its marijuana bill on Thursday, a revised version that sticks closer to the original provisions laid out in the referendum voters supported last November. Compared to the House bill passed on Wednesday, the Senate’s version makes …
A new plan to legalise cannabis has launched in Switzerland, marking the country’s second push for the change within a decade. The new initiative proposes that both cannabis production and consumption for personal use should be made legal. It recommends …