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Changes to cannabis occupation tax rate start July 1

Illinois News Joint

The Illinois Department of Revenue today posted a notice for all dispensaries engaged in the business of selling adult use cannabis at retail in taxing jurisdictions that have enacted Municipal or County Cannabis Retailers Occupation Taxes. To verify new combined state and local retailers occupation tax rates (i.e.,

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Locked Out: SBA’s New Lending Policy Targets Hemp and Marijuana-Adjacent Businesses

Canna Law Blog

The updated policy, effective June 1, has far-reaching consequences for small businesses operating in compliance with state law (and for some, in compliance with federal law) – especially those selling hemp-derived foods, supplements, and cosmetics (collectively, Consumable Hemp Products).

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Dutchie Crashes Again on 4202024

CannaEffect

EST on 4/20 that the issue was rectified, which is likely after customers have tried to collect on 4/20 discounts. More than six thousand cannabis retail clients in the United States and Canada use Dutchie’s point-of-sale and e-commerce software to process over one million orders per day. It wasn’t until 7:14 p.m.

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House Members Pass Historic Legislation Legitimizing Retail Cannabis Sales

NORML

This ongoing federal prohibition also places the safety and welfare of these businesses’ customers at risk, as they must carry significant amounts of cash on their persons in order to make legal purchases at retail facilities. What’s Next? Today’s vote is a significant first step, but it must not be the last.

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State of the States: 2020 Ballot Initiative Efforts

NORML

Activists have been working for months registering new voters, collecting signatures, and educating the public, in hopes of giving voters in their state the opportunity to make their voices heard and cast their vote for marijuana. Status : Minimum # of signatures collected. Issue : Adult use marijuana. Issue : Adult use marijuana.

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Attorneys General Push for Marijuana Banking Reform

NORML

In advancing these legislative goals, Congress is not necessarily endorsing any state or territory’s legalization of marijuana-related transactions; similarly, the enactment of the SAFE Banking Act is not a call for the legalization of medical or retail marijuana in those jurisdictions that choose not to pursue such an approach.

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Municipal and county cannabis retailers’ occupation tax rate to change Jan. 1

Illinois News Joint

The Illinois Department of Revenue (IDOR) released an informational bulletin for all dispensaries engaged in the business of selling adult use cannabis at retail in taxing jurisdictions that have enacted municipal or county cannabis retailers’ occupation taxes. 1, 2025, the corrected tax rate is collect and paid. Effective Jan.

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