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Marijuana Related Businesses Tax Rates

McGlinchey Stafford

Ohio Legalizes Adult-Use Marijuana

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On November 7, 2023, voters in Ohio approved Ohio Issue 2, the Marijuana Legalization Initiative (the Initiative), which legalizes marijuana for recreational use in Ohio. Among its key provisions, the Ohio Initiative creates...more

Harris Beach PLLC

Adult-Use Marijuana Legalization in NYS – What You Need to Know

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Legalization of recreational, adult-use marijuana in New York state has never been more likely. At the start of 2021, Governor Andrew Cuomo introduced his plan – The Cannabis Regulation and Tax Act (CRTA) – and positioned...more

Goodwin

The Green Wave: Cannabis Legalization Sweeps in 2020

Goodwin on

It was a Green Wave on election night, with every cannabis-related legalization measure on the ballot passing, some by surprisingly large margins of victory. As a result of the November 2020 election, the number of states...more

Carlton Fields

COVID-19 Causes High Uptick in Cannabis Sales, Delays State Regulation

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At the start of 2020 (a little over 90 days ago), the cannabis industry anticipated that this would be the year for major cannabis reform at the state level....more

Burns & Levinson LLP

New York Legislature Optimistic to Legalize Recreational Cannabis in 2020

Burns & Levinson LLP on

New York is gearing up to become the 12th US state to legalize recreational cannabis, and the 2nd US state to do so by way of legislative measure (as opposed to voter initiative), as Gov. Andrew Cuomo vowed to legalize...more

Fox Rothschild LLP

Cannabis Industry State Tax Guide

Fox Rothschild LLP on

About This Guide- Businesses in the legalized cannabis sector face a daunting task in complying with state and Federal tax laws. This Guide is designed to assist in tax compliance by providing quick access to the relevant...more

Holland & Knight LLP

Illinois Legislature Legalizes Recreational Marijuana - An Overview of the Cannabis Regulation and Tax Act

Holland & Knight LLP on

• On May 31, 2019, the Illinois General Assembly adopted the Cannabis Regulation and Tax Act (the Act) – legalizing the sale, possession and use of marijuana for recreational purposes by adults over age 21 starting Jan. 1,...more

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