Cannabis Excise Tax: Page 2

Changes Coming to Ohio’s Voter-Approved Cannabis Measure; Governor Says No ‘Surprises’

The state’s lawmakers indicated that some provisions in Ohio’s legalization initiative are not in the best interests of the state.

When and How 24 States Legalized Adult-Use Cannabis in the US: A Timeline With Current Tax Rates

Here’s the full breakdown of which states legalized through ballot measures versus legislative action and their taxation structures, including the most recent to join the list -- Ohio.

New Mexico Regulators Work to Bring Cannabis Businesses Into Tax Compliance

The New Mexico Taxation and Revenue Department began contacting dispensary licensees over the summer to notify them that they had failed to file one or more tax returns since registering with the department.

Maryland Cannabis Sales Crack $420 Million For Year; Tax Revenue’s Banking Scrutinized

The state’s licensed dispensaries reported more than $104 million in adult-use cannabis sales in the first two months since the program launched.

Ohio’s Cannabis Language Approved; Voters Will Have Say in November

Should the legalization proposal pass, will state lawmakers honor its intentions?

Taxing THC: Leveling the Playing Field, Part I

How would a federal cannabis tax fit in to the already complicated patchwork of state and local rates? Alcohol and tobacco policies may provide clues.

New Jersey Medical Cannabis Sales Fading Quicker Than Adult-Use Sales Grow

The state’s licensed retailers sold more than $179 million of cannabis during the first three months of 2023, a decline from the previous quarter.

UPDATED: Minnesota Governor Signs Cannabis Bill Into Law

Gov. Tim Walz officially makes Minnesota the 23rd state to legalize adult-use cannabis after lawmakers reconciled legislation earlier this month.

California’s Cannabis Tax Revenue Sinks to 13-Quarter Low; Excise Tax Reporting Shifts

Licensed operators have provided nearly $4.9 billion in total tax revenue to the state since adult-use sales launched in 2018.

7 Tax Tips Cannabis Cultivators Should Know

Minimize your tax burden and avoid regulatory pitfalls.

6 Tips to Control Costs in a Market Downturn

High taxes, oversupply, price compression and a still-thriving illicit market have created tough economic conditions for licensed cannabis companies. Here are six ways Ontario-based GreenSeal has been able to adapt.

California Cannabis Sales Hit 9-Quarter Low

The world’s largest legal market has also experienced declining tax revenues for five straight quarters.

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