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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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Kentucky Passes Medical Cannabis Law! What will it mean for patients?

Americans for Safe Access

After passing through the legislature with solid support and an enthusiastic Governor, this new law lays out a fairly restrictive program with a very long implementation period. Kentucky’s Cabinet for Health and Family Services will have until January of 2025 to devise the rules and regulations necessary for the system.

Patients 259
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SB3941 allows cannabis patients to purchase from all Illinois dispensaries

Illinois News Joint

This 1-paragraph provision states, “By April 1, 2025, all dispensing organizations shall pay a one-time fee of $10,000 to be deposited into the Compassionate Use of Medical Cannabis Fund. After this one-time fee, all dispensing organizations shall renew under Section 15-45.

Patients 105
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UMB Welcomes its First Wave of Medical Cannabis Program Graduates

Veriheal

Stretching over two years, the program demonstrates growing acceptance for the cannabis plant, which is currently legal in 36 U.S. Medical Cannabis Science and Therapeutics program kicked off two years ago and has since managed to garner plenty of interest. states for medical purposes. A convenient aspect of the M.S.

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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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IDFPR works to expand medical cannabis tax rates to all dispensaries

Illinois News Joint

In the 144-page report, compiled by the Cannabis Regulation Oversight Office (CROO), the Department of Financial & Professional Regulation (IDFPR) states in its data summary, “Looking ahead to Fiscal Year 2025, IDFPR has already begun its efforts to further expand access to cannabis both to consumers and medical patients.

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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. billion in 2025. tax revenue between 2019 and 2025 on $253 billion in sales over that period. and Congressman Lou Correa (D-Calif.) Currently, 33 U.S.

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