News and Information about the Business of Cannabis

Maine: Cannabis Sales Tax Hike Takes Effect

Maine: Cannabis Sales Tax Hike Takes Effect

Sales taxes on the purchase of adult-use cannabis products rose nearly 30 percent on January 1, as new legislation took effect. Under the new tax law, which lawmakers approved last year, consumers must pay a 14 percent sales tax on adult-use marijuana...
Is 280E Tax Relief Immediate?

Is 280E Tax Relief Immediate?

Marijuana rescheduling doesn’t go into effect overnight, and many questions are left unanswered. But MJBizDaily tries to answer some of the industry’s most pressing concerns. On top of the practical questions, such as what exactly this does and when it...
US Senate Confirms Trump’s Drug Czar From Fox News

US Senate Confirms Trump’s Drug Czar From Fox News

The Senate confirmed journalist Sara Carter to oversee federal drug policy by a 52-48 vote Tuesday. A former Fox News contributor who has reported on drug trafficking, Carter will lead the White House Office of National Drug Control Policy as President Donald Trump’s...