Coachella has issued 47 weed-related permits, but officials worry they are under-collecting taxes

Operating on temporary licenses, growers are facing uncertainty as the state finalizes its procedures. Alena Maschke/The Desert Sun Buy Photo Patrick Kelly, a cannabis grand master grower shines a light on cannaibis curing in a dark room at a cannabis growing facility that he rents in Coachella on Tuesday, April 3, 2018. Source: Coachella has[…]

Vermont Marijuana commission faces decision on cultivator licensing cap and local tax option

The Vermont Marijuana Advisory Commission’s subcommittee on taxation and regulation met Thursday, Oct. 11, 2018, to iron out some issues in the draft report on a legal cannabis marketplace. Photo by Kit Norton/VTDigger The Marijuana Advisory Commission’s subcommittee on taxation and regulation met Thursday to iron out some issues in the draft report on a[…]

Measure S: Ordinance for Cannabis Tax in the City of Mt. Shasta

(Courtesy: Gennadiy Rudenko / CC BY 2.0) MT SHASTA, Calif. — Shall an ordinance be adopted to impose a Cannabis Industry Tax on the privilege of commercially cultivating, manufacturing, processing, storing, laboratory testing, labeling, packaging, distributing, or sale of cannabis and cannabis products which will raise approximately $130,000 annually to be used for general City[…]

California Cannabis Tax Revenues Fall Short of Projections Again for the Second Quarter

As the nation’s largest legal cannabis market, the regulators had projected $185M in cannabis tax revenues for the first six months of 2018. However, the cannabis taxes collected during this period have fallen significantly short. Based on the figures released by the California Department of Tax and Fee Administration, the cannabis tax revenues were $60.9M[…]