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...

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...

Alaska has hit new record-high cannabis sales, according to a report from the Alaska Department of Revenue. In August, the state collected $694,364 in cannabis taxes, marking it as the sixth consecutive...

Colorado’s cannabis programs hit a milestone when VS Strategies reported a total of $506 million in state coffers since 2014. TAX BREAKDOWN $117.9 million was used for fund school construction. ...

Nevada lawmakers passed a measure Sunday night that would set cannabis tax rates at 10 percent for retail sales and 15 percent for wholesale. Republican Gov. Brian Sandoval is expected to approve the...