Cannabis News Box

California state cannabis excise tax could go up July 1

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 could be a risky move. It will likely prompt buyers to shop elsewhere for cheaper products, such...

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

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

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 is making a ridiculous amount of revenue from the industry. Eight U.S. states and the Dis...

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 million, that comes from Colorado’s Marijuana Tax Cash Fund, will help find qualified people to fill...

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