Cannabis News Box

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California state cannabis excise tax could go up July 1

Bethan Rose Jenkins, Cannabis News Writer/Editorial April 2, 2019

A tax increase is on the horizon for California's cannabis industry, in spite of hopes that the industry would experience some tax relief in the near future. Hiking up California's cannabis excise tax...

http://marijuanastocks.com/the-marijuana-industry-in-the-united-states-is-under-fire-by-false-accusation/

The United States could face a dilemma if cannabis is legalized at federal level

A nice chunk of cash is going directly into the federal government's wallet every single year, all because of Section 280E of the tax code
Bethan Rose Jenkins, Cannabis News Writer/Editorial September 23, 2018

A plant that was formerly frowned upon is finally being appreciated for its medicinal and recreational benefits. However, cannabis remains a Schedule I drug at the federal level, despite the fact the government...

Colorado to use $10 million from cannabis taxes to pay teachers

Colorado to use $10 million from cannabis taxes to pay teachers

Sara Tiradossi November 15, 2017

Colorado Governor John Hickenlooper recently introduced his proposal for the 2018-2019 budget, and included $10 million to hire and retain teachers in the state using cannabis taxes money. This $10...

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