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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. Here’s what they say.

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MPP Report: Marijuana Tax Revenue in States that Regulate Marijuana for Adult Use

Cannabis Law Report

Since 2014, when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. Eight of the laws passed in 2020 or 2021, and in seven of those states, licensing and tax collections have not yet begun. Colorado (pop. 46,104,922.

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International and Cross-Border Tax Issues in the Cannabis Industry

Greenspoon Marder Cannabis Law Group Blog

The Tax Court in Patients Mutual [15] Assistance Collective Coop. For years that begin after 2025, the deduction will be reduced to 37.5% 11] Patients Mutual Assistance Collective Coop. 19, 38 (2012), aff’d, 792 F.3d of the GILTI amount included in the gross income of the domestic corporation for the tax year.