Cannabis Tax Revenue

California County to Lower Cannabis Cultivation Tax as Outdoor Flower Price Drops to $277 Per Pound

The tax rate per square foot is set to decrease for outdoor, indoor and mixed-light cultivation in Sonoma County’s unincorporated areas; retail tax will increase.

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.'

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.

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.

280E: How the Cannabis Industry Got Here

As cannabis businesses brace for potential tax relief should the plant be rescheduled, a look at the origins of IRC Section 280E and why it applies to legal, state-level cannabis companies.

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?

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