Cannabis

By Joyce Hanson

Two federally recognized tribes and New Mexico have inked pacts that recognize the tribes' authority to run their own tax programs for the sale of cannabis on pueblo lands.

By Michael Nunes

Mississippi will apply an excise tax on transactions between cannabis cultivators and other cannabis entities and dispensaries will need to collect sales tax when selling to patients, according to a final publication of regulations published by the state.

By Michael Nunes

New Jersey would decouple state tax provisions from the federal law prohibiting cannabis businesses from deducting expenses under a bill introduced in the state Assembly.

By Mike Curley

Three advocacy groups are urging California to eliminate a cultivation tax on legal cannabis, saying in a study announced Friday that the move can increase sales and bring in more tax revenue while helping the legal market compete with illegal sales.

By Matthew Guerry

Efforts to extract nearly $735,000 in foreign bank account reporting penalties from the estates of a deceased cannabis farmer and his wife are on hold while the estates' attorney determines whether he has conflicts of interest.

By Jaqueline McCool

A California cannabis dispensary is on the hook for its assessed tax liability on $2.3 million in unreported sales after failing to prove an error in the audit process, the state Office of Tax Appeals ruled in an opinion.