New Michigan Marijuana Tax Could Shutter Businesses And Actually Reduce The State’s Cannabis Revenue, Industry Says
“If you put more of a tax burden on these companies…they’re going to start going out of business. If there are no more businesses in this industry, who in the heck are you going to collect the taxes from?” By Kyle Davidson, Michigan Advance As state budget negotiations drew to a close last week, members […]
Michigan Marijuana Industry Files Lawsuit Against Newly Enacted Tax Increase
The Michigan Cannabis Industry Association argues the tax hike would either need to be approved by voters or achieve a three-fourths vote in the Legislature. By Kyle Davidson, Michigan Advance A cannabis industry trade association is challenging the state’s newly approved tax on the sale or transfer of wholesale marijuana, filing the complaint shortly after […]
Will This Tax Freeze Save California’s Cannabis Industry?
When it comes to cannabis regulation, California has long been an example for others to follow. It was one of the first places in the world to allow medical weed, boasting a nascent industry around the plant. Yes, California could have one of the largest cannabis markets in the US (or even the world!)… if […]
Oregon Officials Ask Federal Court To Reverse Ruling That Blocked Marijuana Industry Labor Law Approved By Voters
Oregon officials are asking a federal appeals court to reverse a judge’s ruling that struck down a voter-approved law to require licensed marijuana businesses to enter into labor peace agreements with workers and mandate that employers remain neutral in discussions around unionization. In a filing with the U.S. Court of Appeals for the Ninth Circuit […]