Canada’s legal cannabis industry is not getting any excise-tax relief from the Liberal government’s 2024 budget. The budget comes shortly after two separate recommendations to the government proposing reform or review of the cannabis excise-tax structu…
Tax
No Cannabis Excise Tax Reform in 2024 Canadian Budget
Canada’s legal cannabis industry is not getting any excise-tax relief from the Liberal government’s 2024 budget. The budget comes shortly after two separate recommendations to the government proposing reform or review of the cannabis excise-tax structu…
Cannabis MSO Ascend Wellness expecting 280E tax refunds
Multistate cannabis operator Ascend Wellness Holdings says it has filed amended federal tax returns for several years and expects to receive refunds, becoming the latest U.S. marijuana company to seek the return of tariffs paid under Section 280E of th…
Cannabis MSO Ascend Wellness expecting 280E tax refunds
Multistate cannabis operator Ascend Wellness Holdings says it has filed amended federal tax returns for several years and expects to receive refunds, becoming the latest U.S. marijuana company to seek the return of tariffs paid under Section 280E of th…
Drop The 25% Cannabis Tax, Senator Schumer!
Drop The 25% Cannabis Tax, Senator Schumer!
Cannabis advocates speak up against high federal cannabis tax proposals.
The post Drop The 25% Cannabis Tax, Senator Schumer! appeared first on The Fresh Toast.
Colorado Votes Down Cannabis Tax Increase Meant To Support Educational Programs
Colorado Votes Down Cannabis Tax Increase Meant To Support Educational Programs
Fiscal analysis concluded that Colorado would have raised an extra $138 million annually to support the measure until the final rate was set.
The post Colorado Votes Down C…
Colorado Votes Down Cannabis Tax Increase Meant To Support Educational Programs
Colorado Votes Down Cannabis Tax Increase Meant To Support Educational Programs
Fiscal analysis concluded that Colorado would have raised an extra $138 million annually to support the measure until the final rate was set.
The post Colorado Votes Down C…
Oregon Senate Approves Sales Tax Hike On Marijuana Consumers
Oregon Senate Approves Sales Tax Hike On Marijuana Consumers
The total tax applied at the time of sale could increase from 20% to 27%, representing a 35% tax hike to Oregon recreational cannabis consumers.
The post Oregon Senate Approves Sales Tax Hike…
Cannabis Experts Concerned About New York’s Possible THC Potency Excise Tax
Cannabis Experts Concerned About New York’s Possible THC Potency Excise Tax
A new bill is expected to include a 13% sales tax with an excise tax of up to 3 cents per milligram of THC content.
The post Cannabis Experts Concerned About New YorkR…
Hemp Opportunity Zones: A New Opportunity for Real Estate Investors
In August 2020, Congress established a new opportunity zone for real estate investors and business owners with the designation of Hemp Opportunity Zones. As with other opportunity zones, these come with significant, long-term tax advantages to the inve…