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Wondering How Much Are The Sales Taxes Of Marijuana-derived Products? Find Out Here

Cannabis Law Report

Then you may already know that the sale and purchase of marijuana for recreational use is allowed in only 17 US states and the District of Columbia. Based on the price of cannabis, its taxation is much higher than most other retail products. Apart from these, there is also the sales tax and excise tax. Legality and Taxability.

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MariMed Launches Hemp Engine™ Marketing Platform for CBD Distributors, Retailers and Consumers

Cannabis Law Report

A turnkey retail and educational in-store platform for emerging CBD sector. Provides major benefits to both small and mass market retailers and their customers. The Hemp Engine solution includes a complete “store-within-a-store” package, pre-stocked with a range of CBD products centered on a retailer’s particular criteria.

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The Status of Cannabis Legalization in the South

Cannabis Law Report

Although there is no excise tax on medical cannabis, there is a medical cannabis special privilege tax of 4% of the gross receipts or gross proceeds derived from the sale of usable cannabis to be collected by cultivation facilities, dispensaries, or other cannabis businesses and remitted to the Department of Finance and Administration.

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Update: Massachusetts Marijuana Establishments Surpass $2 Billion in Gross Sales

Cannabis Law Report

On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7

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Canadian LP MTL Cannabis to Go Public by Merging with Canada House

Cannabis Law Report

The acquisition combines proven high quality dried flower sales and industry-leading yields with immediate facility expansion, increased capacity, enhanced product development, key sales licences, existing provincial supply deals, and direct distribution to medical patients focused on Veterans. MONTRÉAL, Aug.

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COOKIES AND TERRASCEND Partner To Bring Top-Shelf Genetics To The Garden State

Cannabis Law Report

Add that to the first Cookies retail experience, located in the shadow of the famous ‘Bada Bing’ from The Sopranos, this launch is going to be epic on every level!”. Licensing Agreement with TerrAscend will provide New Jersey with access to Cookies branded products. BOONTON, N.J.–(BUSINESS About Cookies.

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Alert: Massachusetts Cannabis Control Commission Alerts the Public to Quarantine Order Requiring ACK Natural, LLC to recall its Marijuana and Marijuana Products

Cannabis Law Report

The licensee, which commenced operations in July 2021, voluntarily closed its dispensary and retail store to the public in October 2021. The licensee, which commenced operations in July 2021, voluntarily closed its dispensary and retail store to the public in October 2021. PRESS RELEASE.