news tags taxes 
Illinois News Joint
JUNE 8, 2025
According to the notice: 1) During transition, entire packages will need a new Metrc Tag number, but individual units will not need new labels. 410 ILCS 705/55-21 [Cannabis Regulation and Tax Act Labeling Section] 8 Ill. For more Illinois cannabis industry news, subscribe to Illinois News Joint ’s newsletter here.
Veriheal
JULY 3, 2025
Tariffs are taxes on imported goods, and U.S. companies importing products pay those taxes to U.S. The added costs from these taxes don’t magically disappear. Retailers pass them down the supply chain, and they show up on the price tag you see in the store. Sadly, that’s not how tariffs work. Doesn’t the U.S.
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Illinois News Joint
APRIL 12, 2025
The Cannabis Regulation Oversight Officer (CROO) released a notice for cannabis business establishments in Illinois concerning Radio Frequency Identification (RFID) Tags from Metrc. Businesses may also purchase tags independently from Metrc at their own expense. There are two types of RFID Tags: Plant and Package Tags.
Cannabis Law Report
FEBRUARY 1, 2020
SANTA FE – A state Court of Appeals ruling that New Mexico medical marijuana producers can claim a tax deduction for prescription medication could affect prices for 80,000 or so enrolled patients statewide – and the state budget. A tax department spokesman said Friday that the agency was reviewing the ruling and weighing legal options.
Veriheal
NOVEMBER 12, 2020
When it comes to the burgeoning cannabis industry in the United States, one subject that comes up over and over is taxes. For many states, tax revenue is a motivating factor when it comes to legalizing cannabis. First of all, customers purchasing cannabis, whether for recreational or medical use, pay taxes when they purchase legally.
SpeedWeed
FEBRUARY 28, 2021
Only two other states — Illinois and Vermont — have passed legislation to legalize, tax and regulate recreational marijuana through the legislature. Filed Under: Breaking News , News & Insights , Spotlight , Virginia Tagged With: Adult-use legalization , Virginia. The impact: Virginia is the 16th U.S.
Cannabis Law Report
SEPTEMBER 4, 2022
I see all of these cars with Maryland and Virginia tags come off the highway, go down H Street and then go right back out again,” Silverman notes. . According to Saleem, landlords who lost tenants during the pandemic and faced mortgage and tax payments are succumbing to offers from the I-71s to pay two or three times the going rent.
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