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Washington State Eliminates Medical Cannabis Taxation

Canna Law Blog

The LCB is also tasked with administering and collecting excise taxes concerning the retail sale of cannabis concentrates, useable cannabis, and cannabis-infused products within the state. Cannabis sales in Washington state are currently taxed at a rate of 37%, in addition to the general state and local sales and use taxes.

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New York Office of Cannabis Management Gets New Enforcement Powers

Canna Law Blog

New York State’s recently passed 2024 budget includes many cannabis-related provisions, addressing enforcement, licensure, and penalties, with the goal of curbing the state’s illicit marijuana market. Several of the new enforcement tools at OCM’s enforcement disposal include: Issuing civil fines for unlicensed sellers.

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Report: Gen Z Would Rather Smoke Cannabis Than Consume Alcohol

Veriheal

Report: Gen Z Would Rather Smoke Cannabis Than Consume Alcohol To collect this data, Veriheal surveyed thousands of patients between the ages of 15 and 27 who signed up for our services between March 2023 and April 2024. While older generations, such as Baby Boomers , largely prefer edibles, Gen Z likes flower the most.

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

Cannabis Law Report

Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. local sales tax on adult-use cannabis and has collected $237.5 From February 2017 through August 2021, the local taxes collected totaled $86.1 The city of Denver, for example, applies an additional 5.5%

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Understanding Maryland's New Adult-Use Cannabis Legislation

Peninsula Alternative Health

The legislation outlines three separate rounds of licensing, with the first round scheduled for the fall of 2023 and the second round in 2024. ounces of cannabis flower, up to 15 grams of concentrate, and up to four cannabis plants per household for personal cultivation (four for medical patients and two for adult-use). ounces (oz).

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Understanding Maryland's New Adult-Use Cannabis Legislation

Peninsula Alternative Health

The legislation outlines three separate rounds of licensing, with the first round scheduled for the fall of 2023 and the second round in 2024. ounces of cannabis flower, up to 15 grams of concentrate, and up to six cannabis plants per household for personal cultivation. Concentrated cannabis: Up to 12 grams (g). ounces (oz).

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How Illinois’ cannabis taxes are spent

Illinois News Joint

Taxes from adult use cannabis sales, including wholesale taxes and retail taxes at dispensaries, get collected into the Cannabis Regulation Fund, which are then distributed by statute and spent by the fiscal year budget. First, the money flows to administrative expenses by the State agencies implementing cannabis.