Cannabis Taxes

DEA Accused Of One-Sided Marijuana Rescheduling Hearing

NORML says agency misapplied federal law by excluding all supporters of cannabis reform from June 29 proceedings WASHINGTON, DC - The National Organization for the Reform of Marijuana Laws (NORML) is accusing the Drug Enforcement Administration of creating a one-sided hearing process that could influence the future of federal marijuana policy and the financial outlook

New Court Challenge Seeks To Halt Federal Marijuana Rescheduling — But Michigan Businesses May Face Delays Either Way

DETROIT – A new legal challenge seeking to halt federal marijuana rescheduling is creating uncertainty for cannabis businesses nationwide, including in Michigan, where operators have been hoping federal reform would ease tax burdens and improve profitability. A coalition led by the National Drug and Alcohol Screening Association and a cannabis-focused pharmaceutical company has asked a

By |2026-06-16T11:06:30-04:00June 16th, 2026|Marijuana Business, News|

Ohio Cannabis Tops $1B as Regulation Tightens and Michigan’s New 24% Wholesale Tax Reshapes Midwest Competition

COLUMBUS - Ohio’s legal cannabis market reached a major benchmark in 2025, surpassing $1 billion in combined adult-use and medical marijuana sales during its first full year of recreational commerce. Adult-use marijuana sales launched in August 2024 following voter approval in November 2023. By the end of 2025, Ohio dispensaries had recorded: More than $836

By |2026-01-17T11:16:02-05:00January 17th, 2026|Marijuana Business, News|

More Cannabis Taxes Could Hit Ohio Consumers Soon

OLUMBUS, Ohio - In the three months since legal recreational marijuana sales began in Ohio, $15.5 million has been collected for state and local governments from an extra tax on marijuana. Between Aug. 6 and Saturday, recreational dispensary customers have spent just over $155 million on product, according to the Ohio Division of Cannabis Control.

By |2024-11-17T17:31:17-05:00November 15th, 2024|Marijuana Business, News|

$87 Million In Michigan Cannabis Tax Collections For 2023 To Be Shared With Municipalities And Counties, 46 Percent Increase From 2022

LANSING - The Michigan Treasury Department reported Thursday that 198 municipalities will receive $43.5 million from marijuana taxes collected from 737 cannabis dispensary licenses, while 71 of the state’s 83 counties will reap the same $43.5 million in cannabis taxes. The remaining 12 have opted out of allowing cannabis dispensaries. Each eligible municipality and country

By |2024-03-01T13:57:17-05:00March 1st, 2024|Featured, Marijuana Business, News|