A new report by the Institute of Taxation and Economic Policy (ITEP) adds considerable information to the base knowledge accumulating at the state level on new changes in laws and custom regarding cannabis legalization
Tag: taxation
The Congressional Research Service (CRS) released a comprehensive thirty five-page report last week examining the federal government establishing a wholesale excise tax on the production and sale of cannabis-related products.
Washington state licensed marijuana retailers sold an estimated $3.8 million in cannabis products in July, the first month during which such sales were allowed under state law. The sales are estimated to have already generated more than $1 million in tax revenue.
One of the most important Washington DC think tanks, the Brookings Institute, is hosting a…
As more and more public, economic and political attention is being cast towards cannabis legalization…
Public support for California’s Prop. 19 — which would legalize the private adult use and…
It seems not a day goes by where the staff at NORML doesn’t receive some…
On Tuesday I penned a commentary for the Los Angeles Times rebutting Sen. Dianne Feinstein’s…
It’s drug law reformers — not prohibitionists — that wish to bring regulation and control to what is now an unregulated, illicit black market commodity. It is NORML, not the Drug Czar, that has testified in favor of taxing and regulating cannabis in a manner similar to alcohol — with the drug’s sale and use restricted to specific markets and consumers.