News & Analysis as of

Sales & Use Tax Marijuana

Sheppard Mullin Richter & Hampton LLP

California Cannabis Farmers May Finally Get Some Relief

Residents of California often complain about high taxes, but no one pays higher taxes than the cannabis industry. In addition to the Federal 280E penalties, the cannabis industry in California is subject to a 15% state-wide...more

Eversheds Sutherland (US) LLP

New York Governor proposes significant tax changes

New York State Governor Andrew Cuomo released his Fiscal Year 2020 budget and accompanying legislation on January 15, 2019 (the Budget Bill). Among other things, the Budget Bill proposes statutory revisions to respond to the...more

Foster Garvey PC

Another Thought on the Tax Treatment of the Marijuana Industry—Oregon Taxation

Foster Garvey PC on

In general, the Oregon income tax laws are based on the federal income tax laws. In other words, Oregon is generally tied to the Internal Revenue Code for purposes of income taxation. As a consequence, we generally look to...more

Winthrop & Weinstine, P.A.

Special Session Set For Today

After weeks of negotiations, speculation, and a late night caucus, Governor Mark Dayton called the Special Session for today at 10 a.m. The six bills on the approved agenda are the three budget bills that Dayton vetoed at...more

Brownstein Hyatt Farber Schreck

Colorado Tax Revenue for Recreational Marijuana Lower Than Expected

Last month, the Colorado Department of Revenue released the December sales tax data for recreational marijuana, bringing the total for Colorado’s first full calendar year of taxes on recreational marijuana to about $44...more

Moore & Van Allen PLLC

South Carolina Legislative Update

Moore & Van Allen PLLC on

Narrow medical marijuana approval possible in SC, H. 4803/S. 1035 - While a broad medical marijuana bill withered and died in the state legislature this session, bills allowing a more specific use of a medical...more

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