Skip to Main Content

Cannabis News Box

Cannabis News Box

Cannabis News Box

http://siskiyou.sou.edu/2015/03/18/jackson-county-commissioners-get-higher-tax-approved/

Lawmakers might give cannabis businesses crucial tax relief

May 9, 2018

Thor Benson / Cannabis News Box Contributor As the tax code stands, a section called 280E makes it impossible for cannabis businesses to write off necessary expenses, like rent and wages. This is a...

Federally legal cannabis could generate $106 billion in tax revenue

Federally legal cannabis could generate $106 billion in tax revenue

March 13, 2018

If cannabis were fully legalized under federal law, the plant could generate $105.6 billion in tax revenue, according to numbers from New Frontier Data. Legalization nationwide could also produce 1 million...

Load More Stories