Tag Archives: marijuana tax

Tracking Cannabis Taxes: Phoenix, Arizona – This Week in News

The Phoenix, Arizona City Council voted down a measure to increase the dispensary and cultivation yearly cannabis taxes. The proposed bill suggested a 17% tax on State Licensed Arizona dispensaries and cultivators. Cannabis taxes this high could have caused Phoenix dispensaries to go out of business. The concern for local dispensary owners was that a […]

Feds Slap 70% Tax on Legal Marijuana Businesses – The Daily Beast

A law passed in the ’80s to prevent drug dealers from getting tax breaks is now taking a huge chomp out of legitimate outfits in Colorado and Washington.Legal marijuana sales in Colorado and Washington State have grossed billions, but legal dealers will see little of that thanks to a draconian federal law meant to punish […]