Cannabis Excise Tax

Minnesota Governor, Legislative Leaders to Increase Cannabis Excise Tax in Budget

Gov. Tim Walz and caucus leaders announced that, as part of their bipartisan agreement, they will raise the 10% rate before adult-use sales even launch.

California Bill to Freeze Cannabis Excise Tax Breezes, 6-0, Through Another Committee

Revenue and Taxation Committee members voted unanimously to advance Assembly Bill 564 to prevent a 26.7% increase.

California’s Cannabis Excise Tax Will Increase by 27% on July 1, CDTFA Announces

Despite legislation aiming to prevent the tax hike, the state’s tax agency indicated its hands are currently tied.

Congress’ Harris Rider Starves DC’s Economy—Cannabis Could Save It (Opinion)

As Washington faces fiscal constraints, unlocking the district’s adult-use cannabis program from the federal rider would bolster revenue.

California Cannabis Operators Association Backs Bill to Halt Excise Tax Hike

The CaCOA urged the immediate passage of Assembly Bill 564, sponsored by Assembly Member Matt Haney.

California’s Top Cannabis Regulator Suggests Governor Has Little to Do With Tax Increase

Gov. Gavin Newsom proposed the state’s upcoming excise tax increase on cannabis sales in 2022 and signed legislation that ensued.

As California Cannabis Rush Dries Up, Operators Look East

The Artist Tree, with nine dispensaries and two lounges, is searching for new opportunities, but there are fewer and fewer places for new stores in California.

State Officials Continue Treating Cannabis Businesses as 'Piggy Banks' in 2025

California, Maryland, Maine and Mississippi are entertaining cannabis excise tax hikes this year that could put licensed businesses in jeopardy.

15% of California Cannabis Businesses Default on Taxes as 2025 Hike Comes Knocking

With nearly a quarter-billion dollars of 2023 cannabis taxes in default, the state’s market could corrode further with an excise tax increase to 19%.

These 23 States, DC Collected $2.9 Billion in Cannabis Excise Tax Revenue in 2023

While Washington levies the highest excise tax rate in the nation, its cannabis revenue didn’t represent the highest percent of its total state tax revenue.

Annual Cannabis Licensing Fee Could be Slashed $100K+ in California’s Highest-Taxed City

Five San José City Council members support a fee reduction, recognizing that the cannabis industry 'should be treated like any other business entity.'

Rescheduling, Legalization Prospects Top CBT's Most-Read Articles in January

Here are Cannabis Business Times’ top 10 stories this month.

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