Cannabis Excise Taxes

California Lawmakers Vote, 15-0, To Repeal Cannabis Excise Tax Increase

The California Assembly Business and Professions Committee unanimously advanced legislation to prevent a 27% rate increase scheduled for July 1.

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.

Maryland Governor, Legislative Leaders Agree on 33% Cannabis Tax Hike

Gov. Wes Moore hopes the budget agreement will generate $1 billion in new tax revenue, including roughly $39 million from the cannabis tax increase.

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.

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

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

New York Governor Moves to Repeal Potency-Based Cannabis Tax

In her state budget proposal for the 2025 fiscal year, Gov. Kathy Hochul proposed that New York do away with its potency-based tax structure for licensed cannabis operators.

Cannabis Retailers Now Massively Overpaying Excise Tax, California Lawsuit Claims

Catalyst Cannabis Co. is suing the state’s tax department over “emergency” regulations regarding how cannabis accessories are taxed.

Home Grow Is Back on the Table: Ohio Lawmakers Take U-Turn on Changes to Cannabis Legalization

In a fast-moving week, the state Senate passed a bill that now includes a personal possession limit in line with what voters approved in November.

Ohio Bill Would Significantly Alter Voter-Approved Cannabis Measure

The state’s forthcoming adult-use market would have a different tax rate, THC caps and possession limits—and home grows would be axed—under the bill.

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