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Cannabis Excise Tax: Page 3
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.
7 Ways Growers Can Compete and Stand Out From the Crowd
As competition increases, smaller brands will have to be even more innovative to be heard above the noise.
Taxes: Comparing Cannabis With Alcohol
Cannabis excise tax revenues outpaced alcohol in seven adult-use states in 2021.
Nevada Fiscal 2022 Cannabis Sales Just Shy of $1 Billion
Clark County accounted for 78% of the state’s sales for the year.
Montana Adult-Use Cannabis Sales Set Record, Approach 75% of Market
The state’s combined medical and adult-use cannabis sales eclipsed $26.8 million in August.
California Q2 Cannabis Sales Up, Taxes Trend Down
The state’s adult-use cannabis sales rebounded slightly to $1.2 billion, a 2.9% increase from the previous quarter; taxes continue on four-quarter dip.
New Projections Estimate Lower Cannabis Tax Revenue in New Mexico
Nearly five months since the launch of adult-use sales, experts say initial revenue projections were slightly higher than the $22.7 million that is now expected.
Los Angeles County Voters to Decide on Cannabis Taxes in Unincorporated Areas This November
The proposed measure will be placed on the Nov. 8 ballot and will require a majority vote to pass.
Montana Cannabis Legalization Trends: Adult-Use Sales Up, Medical Sales Down
The state has banked $148 million in total sales during the first half of 2022.
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