Cannabis Tax Revenue: Page 3

7 Tax Tips Cannabis Cultivators Should Know

Minimize your tax burden and avoid regulatory pitfalls.

Lessons From the Last Frontier

Alaskan father-and-son team Lloyd and Aaron Stiassny prioritized retail and relationships with growers while establishing their vertically integrated company, a strategy that has allowed them to weather challenges and expand in America’s third adult-use state.

Green Thumb CEO Warns of ‘Washout’ for Cannabis Industry

The company reported $1 billion in revenue for 2022 with a net income of $12 million on a GAAP basis.

California Cannabis Sales Hit 9-Quarter Low

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

Creating a Budget for 2023? Consider These Tips

Naomi Granger, founder of the National Association of Cannabis Accounting and Tax Professionals, shares key factors cannabis cultivators and retailers should consider when creating a budget for 2023.

Nevada Fiscal 2022 Cannabis Sales Just Shy of $1 Billion

Clark County accounted for 78% of the state’s sales for the year.

Adult-Use Cannabis Legalization Could Give Arkansas’ Economy Major Boost, Study Shows

A study from the Arkansas Economic Development Institute projects annual adult-use sales averaging as high as $681.7 million.

California Governor Signs 10 Cannabis-Related Bills Into Law

The approved legislation ranges from interstate agreements to preemptions on local bans, restorative justice and employment protections.

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.

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