The Best CDB, Hemp, and THC Products
In the early hours of January 10, 2021, a group of executives and business owners in the cannabis industry gathered in Boston, Massachusetts to re-enact the famous Boston Tea Party of 1773. The event was organized to protest a new federal tax rule that would impose a 280% tax on the sale of cannabis products. … Read more
On April 26th, 2021, the Montana Legislature passed a bill to impose a 20% tax on cannabis sales in the state. This bill is a major step forward in the effort to regulate the cannabis industry and its associated revenue. The bill is expected to generate millions of dollars in tax revenue for the state, … Read more
The Marijuana Policy Project (MPP) recently released a comprehensive report examining the impact of cannabis tax revenue over the past eight years. The report, which was conducted by MPP’s research team, found that states that have legalized cannabis have seen significant increases in tax revenue, with the total amount of taxes collected exceeding $10 billion … Read more
New York Democrats are pushing for a major change to the state’s cannabis tax system. As the state moves closer to legalizing recreational marijuana use, lawmakers are looking for ways to ensure that the taxation of cannabis products is fair and equitable. At present, New York has a medical marijuana program that taxes the sale … Read more