Cannabis News Box

California may lower social cannabis taxes to compete with the black market

California may lower social cannabis taxes to compete with the black market

March 16, 2018

A group of California lawmakers has introduced a bill to reduce state cannabis taxes in an effort to compete with the illicit market. Taxes would be reduced for growing and selling cannabis for a three-year...

https://hightimes.com/news/cannabis-coming-to-uruguay-pharmacies-at-last/

Crime rate lowers after cannabis is legalized in Uruguay

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 19, 2018

Uruguay’s drug-related crime rates have dropped by 20 percent since the Cannabis plant was legalized for distribution and sale in July 2017, based on a recent report by Telesur. The sovereign state...

Oregon has too much cannabis

Oregon has too much cannabis

February 9, 2018

Thor Benson / Cannabis News Box Contributor With some states, including California, dealing with the issue of perhaps not having enough cannabis to meet market demands, it would seem Oregon has the...

Medical cannabis in New Mexico sees record growth in 2017

Medical cannabis in New Mexico sees record growth in 2017

January 25, 2018

New Mexico finished 2017 with medical cannabis revenues higher than ever before, according to a press release distributed by the state's top medical cannabis provider. The entire industry grossed $86.2...

High cannabis taxes may help the black market

High cannabis taxes may help the black market

November 3, 2017

Thor Benson / Cannabis News Box Contributor States tend to approve legalizing cannabis because there’s a lot of tax revenue to be made. Many people want to buy cannabis without facing criminal charges,...

Pictured: Canadian Prime Minister Justin Trudeau

Canadian prime minister announces dollar-a-gram tax on social cannabis

Logan Lowrey-Rasmussen October 6, 2017

Canadian Prime Minister Justin Trudeau announced a proposal for the nation’s social cannabis program which would place a dollar-a-gram excise tax on cannabis sold for $10 a gram or less. Cannabis...

Expensive medical cannabis products drive New York patients to black market

Expensive medical cannabis products drive New York patients to black market

Sara Tiradossi October 3, 2017

New York State is facing a problem in the medical cannabis industry: it is offering a limited selection of medical cannabis products at an overly expensive price. Medical patients in New York State...

Feds visit Colorado to discuss cannabis regulations and black market

Feds visit Colorado to discuss cannabis regulations and black market

Logan Lowrey-Rasmussen July 25, 2017

Five government representatives met with two-dozen state officials to discuss Colorado’s legal cannabis industry last Tuesday.  State officials described the meeting as necessary for documenting...

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