Cannabis Business Times' Best Cannabis Companies to Work For - 2027 Is Accepting Entries! Enter now.
Cannabis Business Times' Best Cannabis Companies to Work For - 2027 Is Accepting Entries! Enter now.
Taxes: Comparing Cannabis With Alcohol | Cannabis Business Times

Create a free Cannabis Business Times account to continue reading

Continue to Site »
Site will load in 15 seconds

Taxes: Comparing Cannabis With Alcohol

Cannabis excise tax revenues outpaced alcohol in seven adult-use states in 2021.

Fast Stats 1
CBT Staff
October 6, 2022
Fast Stats 1 Fmt
aksol; berdsigns; createvil | Adobe Stock
Fast Stats 2 Fmt
*Source: Institute on Taxation and Economic Policy
Recommended
8th Annual ‘Best Cannabis Companies to Work For’ Now Open for Entries
Sponsored
8th Annual ‘Best Cannabis Companies to Work For’ Now Open for Entries
Los Angeles 327094990
Los Angeles Hopes to Recoup $30M of $400M Unpaid Cannabis Taxes Through Amnesty Program
Michigan 307185472
8 Michigan Senators Plan to Repeal State’s 24% Cannabis Tax
Los Angeles 400281443
LA Equity Group Circulates Letter Opposing Cannabis Tax on Unlicensed Businesses
Related Stories
Canna Jars Adobe Stock137620714
Nevada Fiscal 2022 Cannabis Sales Just Shy of $1 Billion
Canna Jar Adobe Stock520431057
Montana Adult-Use Cannabis Sales Set Record, Approach 75% of Market
M Jmoney Adobe Stock464744475
California Q2 Cannabis Sales Up, Taxes Trend Down
New Mexico Sign Adobe Stock Credit Spiritofamerica Resized
New Projections Estimate Lower Cannabis Tax Revenue in New Mexico
More in Cannabis Excise Tax
Michigan Cannabis Prices Remain Down, Demand Steady in 2026, Despite New Tax
While dispensary sales figures are down slightly over 2025, it’s primarily due to lower flower prices, not lower demand.
Mj Money 42702888
Los Angeles Hopes to Recoup $30M of $400M Unpaid Cannabis Taxes Through Amnesty Program
The City Council is moving forward with a proposal to excuse late fees and interest and allow businesses to pay off their back taxes over three years.
Los Angeles 327094990
8 Michigan Senators Plan to Repeal State’s 24% Cannabis Tax
The bipartisan coalition filed legislation to eliminate the newly implemented tax, with the sponsor calling it 'unnecessary.'
Michigan 307185472
LA Equity Group Circulates Letter Opposing Cannabis Tax on Unlicensed Businesses
The letter suggests taxing unlicensed businesses would legitimize their operations without requiring the compliance standards applied to licensed businesses.
Los Angeles 400281443
San Francisco Rediscovers Its Cannabis Roots, Offers California a Blueprint for Revival (Opinion)
The city’s Board of Supervisors voted to suspend its local cannabis business tax until Dec. 31, 2035.
San Fran 243218764
Michigan 24% Cannabis Tax Will Take Effect After Judge Rejects Injunction
The Michigan Court of Claims denied a motion attempting to block the new wholesale tax from starting next month.
Mich Tax 458597914
Michigan Treasury Department Publishes Information on New 24% Cannabis Wholesale Tax
The department provided details on filing requirements, calculation methods and payment procedures for licensed businesses.
Taxes 420592054
Michigan’s New 24% Cannabis Wholesale Tax Leads CBT’s Top Stories in October
The new tax is set to go into effect Jan. 1. Trump’s drug czar nominee’s cannabis policy and the government shutdown also led the top stories this month.
Top10 Oct 2025
Michigan Governor Signs 24% Cannabis Wholesale Tax Into Law; Lawsuit Filed
The Michigan Cannabis Industry Association argues that the new tax alters a voter-approved statute and requires a three-fourths legislative vote.
Michigan Gov. Gretchen Whitmer
Michigan Lawmakers Pass 24% Cannabis Wholesale Tax, Dealing Devastating Blow to Industry
The legislation, which served as an integral pillar to the lawmakers’ budget deal, now heads to Gov. Gretchen Whitmer’s desk.
Mich Tax 289943044
California Governor Signs Bill to Halt Cannabis Excise Tax Hike
Gov. Gavin Newsom signed legislation to roll back the rate to 15%, beating an Oct. 1 effective date that was included in the bipartisan measure.
California Gov. Gavin Newsom
California Cannabis Excise Tax Going Back to 15% Next Month, Pending Governor's Signature
The Legislature passed a bill that will suspend the tax from increasing to 19% for three years as the regulated market struggles to compete.
California State Sen. Christopher Cabaldon, D-Yolo, discusses Assembly Bill 564 on Sept. 10 on the Senate floor.
Page 1 of 5
Next Page