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Marijuana Tax

Legal Pot In Washington Bringing In Even More Tax Revenue Than Predicted

AP | By RACHEL LA CORTE | Posted 01.20.2015 | Business

OLYMPIA, Wash. (AP) — Washington's legal recreational marijuana market is bringing in more tax revenue to the state than originally predicted, state...

States Weighing Legal Pot Look To Tax Revenues In Colorado, Washington

Stateline | Adrienne Lu | Posted 09.16.2014 | Politics

This piece comes to us courtesy of Stateline. Stateline is a nonpartisan, nonprofit news service of the Pew Charitable Trusts that provides daily repo...

Marijuana Tax Measurement: Dollars, Grams, THC

Pat Oglesby | Posted 07.15.2014 | Politics
Pat Oglesby

Primitive? That's how the first wave of taxes on legalized recreational marijuana, in Washington and Colorado, may seem. For now, at least, other states are moving toward different tax plans. And it would be amazing if the first laws got everything right.

Hunter Stuart

If You Support Legal Marijuana, Memorize These 13 Stats | Hunter Stuart | Posted 04.19.2014 | Business

Regardless of your feelings about legalizing marijuana, it's hard to deny that legal weed would be a bonanza for cash-strapped states, just as tobacco...

Marijuana Taxes: Time Will Tell

Pat Oglesby | Posted 04.28.2014 | Politics
Pat Oglesby

While marijuana revenue could be a promising new source of income for states, a wide range of expectations underscores how little we know so far about what mature markets will look like one day.

Christian Marijuana Dispensary Takes On The IRS

The Huffington Post | Lydia O'Connor | Posted 02.26.2014 | Small Business

A Christian medical marijuana dispensary and advocacy group could set a precedent for the industry’s financial rights after presenting arguments bef...

Hickenlooper: Colorado Pot Market Is Exceeding Expectations

AP | By KRISTEN WYATT | Posted 04.21.2014 | Politics

DENVER (AP) — Colorado's legal marijuana market is far exceeding tax expectations, according to a budget proposal released Wednesday by Gov. John Hi...

Marijuana Farmers Unlikely To See Perks

AP | KRISTEN WYATT | Posted 02.10.2014 | Politics

DENVER (AP) — Marijuana farmers and agricultural tax breaks are the next wrinkle facing the states that have legal weed as lawmakers debate how to t...

Colorado's Crazy Marijuana Tax

Pat Oglesby | Posted 11.07.2013 | Politics
Pat Oglesby

Basing a tax on a fictitious price means no one will ever know the correct tax. Taxpayers will spend time and money trying to beat the system, and government will spend time and money in self-defense.

Colorado's Marijuana Tax May Attract New Allies

AP | KRISTEN WYATT | Posted 11.06.2013 | Politics

DENVER -- DENVER (AP) — Colorado's hearty embrace of a 25 percent marijuana tax this week could prove a turning point for legalization backers. They...

Grover Norquist Says Taxing Marijuana Doesn't Violate Pledge

The Huffington Post | Mollie Reilly | Posted 10.24.2013 | Politics

Conservative activist Grover Norquist, whose anti-tax pledge has been signed by almost all congressional Republicans, said taxing marijuana would not ...

Will the Black Market Continue to Thrive Due to Over Taxation of Recreational Marijuana?

The 420 Times | Posted 01.23.2014 | Green
The 420 Times

In a nutshell, if BOTEC's projections are accurate, the end price for an ounce of state-authorized bud will be nearly two to three times as much as purchasing a sack from the black market.

Taxing Marijuana: Four Questions

Pat Oglesby | Posted 01.23.2014 | Business
Pat Oglesby

Some think marijuana should bear no special taxes. Their theory will face voters next month in Colorado, where proposals to tax legalized marijuana 15 percent at wholesale and 10 percent at retail -- along with various local taxes -- are on the ballot.

Free Joints In Denver!

The Huffington Post | Andrea Rael | Posted 09.09.2013 | Politics

Pot activists arguing that the proposed taxes on recreational marijuana in Colorado are too high announced that they will be formally launching their ...

Denver City Council Approves 5 Percent Legal Weed Tax

The Huffington Post | Matt Ferner | Posted 07.30.2013 | Denver

Denver City Council approved a municipal tax rate of 5 percent on recreational marijuana sales in Mile High City on Monday afternoon -- if approved by...

Rules For Legal, Recreational Weed Sales Announced In Colorado

The Huffington Post | Matt Ferner | Posted 07.01.2013 | Denver

The Colorado Department of Revenue released a 60-plus page report Monday detailing the rules of how recreational marijuana should be licensed, regulat...

Sabrina Siddiqui

Marijuana Industry Lobbies Congress On Taxes | Sabrina Siddiqui | Posted 06.10.2013 | Politics

WASHINGTON -- As the feds weigh their response to the legalization of recreational marijuana in Colorado and Washington, members of the marijuana indu...

Matt Ferner

Governor Signs Historic Legal Marijuana Bills | Matt Ferner | Posted 06.04.2013 | Denver

On Tuesday, Colorado Gov. John Hickenlooper signed several historic measures to implement marijuana legalization in the state, establishing Colorado a...

Not So Fast: Marijuana Payoff May Not Materialize

stateline | Elaine S. Povich | Posted 05.14.2013 | Politics

This piece comes to us courtesy of Stateline. Stateline is a nonpartisan, nonprofit news service of the Pew Charitable Trusts that provides daily repo...

Matt Ferner

Lawmakers Pass Historic Legal Weed Regulation, Tax Bills | Matt Ferner | Posted 05.08.2013 | Denver

On the final day of the legislative session, Colorado lawmakers finally passed two historic bills to implement recreational marijuana legalization in ...

Colorado Lawmakers Propose A 25 Percent Tax For Legal Weed

The Huffington Post | Matt Ferner | Posted 05.08.2013 | Denver

Buyers of recreational marijuana in Colorado could pay a 25 percent tax on their legal weed if voters approve of the rates that state lawmakers have p...

Colorado Lawmakers Advance Legal Weed Tax Bill

AP | By KRISTEN WYATT | Posted 06.29.2013 | Denver

DENVER (AP) — Marijuana as a potential tax bonanza has Colorado lawmakers wrestling with a question both sides say they don't know how to answer: Ho...

Matt Ferner

When It Comes To Weed, High Taxes Are Supported | Matt Ferner | Posted 04.26.2013 | Denver

Although Coloradans are known to reject increased taxes when it comes to even popular state services -- take K-12 education improvement, for example -...

Pot DUI Bill Makes A Comeback

Posted 04.24.2013 | Denver

Though it's been introduced and rejected in the Colorado state Senate four times in the past three years, the pot DUI bill made a comeback Wednesday. ...

Marijuana and Taxes

SidneyAnne Stone | Posted 06.23.2013 | Denver
SidneyAnne Stone

What started out as a plea for medical care to better serve patients has come down to dollars and cents.