Tag: CBT > Business Issues/ Benchmarks > Cannabis Cultivation Tax

New Jersey

New Jersey Governor Proposes 500% Tax Hike on Cannabis Cultivators as $7 Million Fund Remains Untouched

Gov. Phil Murphy proposed that licensed growers pay an additional $200 per pound tax when they sell or transfer products.

March 5, 2025

Cannabis Excise Tax

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.

January 17, 2025

California

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.

April 26, 2024

California

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%.

April 11, 2024

Cannabis Excise Tax

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.

April 4, 2024

Ohio

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.

December 5, 2023

US States

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.

November 3, 2023

Growing Pains

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.

June 29, 2023

Cannabis Cultivation Tax

7 Tax Tips Cannabis Cultivators Should Know

Minimize your tax burden and avoid regulatory pitfalls.

May 15, 2023

Alaska

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.

May 1, 2023

Finance

California Cannabis Sales Hit 9-Quarter Low

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

November 21, 2022

California

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.

August 29, 2022