Why is California’s tax revenue from legal marijuana not meeting expectations? 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 excise tax on cannabis generated nearly $43.5 million in […]
Markups of 9% and 75 cents; plus retailers will have to pay 6% of revenues 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 cent of their […]
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 Nevada Governor’s Office and the Ely Shoshone and Yerington Paiute tribes. The compacts were recently […]
The federal and provincial governments should only expect a total of between $400 million and $450 m
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 ...
The Massachusetts Senate passed its marijuana bill on Thursday, a revised version that sticks closer to the original provisions laid out in the ...
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 that its sale should be regulated and taxed by the government. A referendum in 2008 […]