Remove 2025 Remove Collective Remove Programs
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Municipal and county cannabis retailers’ occupation tax rate to change Jan. 1

Illinois News Joint

1, 2025, certain taxing jurisdictions have, by ordinance, imposed or changed their Municipal or County Cannabis Retailers’ Occupation Tax on the gross receipts from sales of adult use cannabis. Cash registers and computer programs must be adjusted so that beginning on Jan. 1, 2025, the corrected tax rate is collect and paid.

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Taos News: Picuris and Pojoaque pueblos will administer independent cannabis tax programs

Cannabis Law Report

An agreement signed last month between the New Mexico Taxation and Revenue Department and Picuris Pueblo formally recognized the tribe’s authority to administer its own tax program in relation to cannabis. The state also signed a tax agreement with Pojoaque Pueblo.

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RYAH Group Ships Devices for Use in Pilot Program with Medicann in Jersey, Channel Islands

Cannabis Law Report

Medicann is launching an observational study using RYAH Smart Dry Herb Inhalers in order to collect patient feedback on consumption of cannabis strains available on the Island, including strains supplied by Aurora Europe , a subsidiary of Canadian-headquartered Aurora Cannabis Inc., billion) by 2025. to reach 3.2 billion euros ($3.75

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Report: Federal Marijuana Legalization Would Create $86 Billion in New Tax Revenue by 2025

The Joint Blog

tax revenue between 2019 and 2025 and a $56 billion annual U.S. cannabis market by 2025, states the report. states have enacted legal state cannabis programs. These consumers collectively spend approximately $356 billion each year on cannabis across legal and illicit markets. billion in 2025. Currently, 33 U.S.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. of the population enrolled.

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Alert: Governor Gavin Newsom signs legislation implementing the 2022-23 state budget, including trailer bill focusing on measures to bring tax relief to the cannabis industry

Cannabis Law Report

Move cannabis excise-tax collection and remittance to retail in 2023, establishing one point of collection and remittance and greatly simplifying tax requirements for the entire cannabis supply chain. Allow eligible equity retailers to keep a percentage of the excise tax they collect. Strengthen labor peace requirements.

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Gov. Newsom’s Budget Trailer Bill Makes Significant Reforms to California Cannabis Laws, Including Elimination of the Cannabis Cultivation Tax

Cannabis Law Report

Any cultivation tax collected on cannabis that enters the commercial market on or after July 1, 2022, must be returned to the cultivator that initially paid the cultivation tax or, if unable to be returned to the cultivator, must be paid to CDTFA as excess tax. Cannabis Retail Access Grant Program. View source.].