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Legal Marijuana

New Jersey Legalization Bill Reportedly Sets Nation's Lowest Tax on Legal Marijuana

The Garden State has been on the cusp of legalization since last year. It's looking like it will really happen.
Hiring Employees

Washington State Cannabis Retailer Inks Pact With Union

The owner believes a union will help him recruit good employees.
Start Your Own Cannabis Business

Navigating the Top 3 Post-Startup Challenges for Cannabis Businesses

Staying compliant with ever-shifting regulations is a real challenge in the legal marijuana business.
Taxes

This is How to Navigate the Dreaded 280e Tax Code

The archaic code bans Schedule 1 companies from deducting business expenses. Here's how to get around it.
Legal Marijuana

Marijuana Is a $794 Million Windfall for the States That Have Legalized Adult Use

Lawmakers loath to raise taxes but eager for new revenue are increasingly open-minded about legal marijuana.
Taxes

5 Things You Absolutely Need to Know About Cannabis Taxes

Managing marijuana taxes is no joke. Here's what you need to do to keep the IRS off your back.
Cannabis

Study Warns Sky-High Marijuana Taxes Drive Consumers Back to the Black Market

State governments eager for cannabis revenue need to remember the people who have sold pot tax-free for years are still in business.
Cannabis

Legal Marijuana Just Can't Catch a Break From Washington

There will be no tax relief for the legal cannabis industry, and the Justice Department is threatening a return to fierce enforcement.
Cannabis

Cannabis Advocates Want 'Unjust' Federal Tax Code Changed

Cannabis businesses legal under state law are taxed like criminal enterprises by the federal government.
Cannabis

Steep Taxes on Recreational Marijuana Are a Powerful Incentive for States to Legalize

Legalizing adult-use marijuana frees states from huge enforcement and incarceration and creates a huge new source of revenue.
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