Taxes | MJ Shareholders

Why is weed so expensive?

Uncategorized October 18, 2021

It is exciting to walk into a dispensary to purchase legal cannabis for the first time. Just make sure to prepare yourself for “receipt shock.”

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Hemet voters to decide on marijuana measure in November

California Uncategorized October 24, 2020

Voters throughout the region will decide in November on issues surrounding marijuana-based businesses in their city. The latest to reach the ballot is a measure in Hemet that would tax cannabis businesses while keeping the city’s no-marijuana moratorium in place until 2021.

The post Hemet voters to decide on marijuana measure in November appeared first on The Cannifornian.

California agency recommends major overhaul to state’s marijuana taxes

California Medical Marijuana Uncategorized December 22, 2019

California’s struggling cannabis industry didn’t get the recommendation many hoped for — a call to sharply lower the industry’s tax rate — but a long-awaited state report did suggest a marijuana tax overhaul.

The post California agency recommends major overhaul to state’s marijuana taxes appeared first on The Cannifornian.

California’s budding cannabis industry prepares for another hit

California Uncategorized December 13, 2019

Prominent cannabis companies that a year ago were growing aggressively have, in recent months, laid off hundreds of workers. They say hefty taxes, onerous regulations and competition from a thriving illicit market are forcing them to scale back operations.

The post California’s budding cannabis industry prepares for another hit appeared first on The Cannifornian.

Editorial: Local marijuana taxes would harm legal pot market

California Uncategorized October 24, 2018

More local taxes threaten to undermine California’s fledgling legal pot industry and drive consumers underground to purchase their weed. Voters should reject proposals on the Nov. 6 ballot for new marijuana business taxes in Union City (Measure DD), Emeryville (Measure S) and unincorporated Contra Costa (Measure R), One key... Read more

Medical marijuana users left in limbo as co-op struggles to regroup, reopen

California Medical Marijuana Uncategorized August 27, 2018

SANTA CRUZ – Kaia was 11 months old when she began seizing. The episodes quickly became more frequent and severe, and doctor’s eventually diagnosed the infant with a rare genetic disorder called Dravet Syndrome. But despite a cocktail of prescribed medications, her condition continued to worsen, according to her... Read more

Adelanto voters will be asked to OK new marijuana tax

California Uncategorized August 21, 2018

ADELANTO — A new measure to tax commercial cannabis developers will appear on the November ballot. The cannabis tax — its measure letter was not known as of Friday — will effectively combine two existing taxes on commercial marijuana activities in order to simplify the taxing system, make the... Read more

Marijuana taxes pick up in California but still far off target

California Uncategorized August 15, 2018

LOS ANGELES (AP) — When it comes to the taxman, California’s legal pot market is off to a sluggish start. Marijuana cultivation and excise tax collections hit $48 million between April and June, state officials announced Wednesday. That’s a jump from the prior three months but well below the... Read more

Union City voters to decide on cannabis tax in November

California Uncategorized July 26, 2018

Union City voters will be asked to decide this November whether the city should impose a cannabis business tax. The measure was approved for the Nov. 6 general election ballot by the City Council Tuesday, and is intended to bring over a million dollars into the cash-strapped city’s coffers. The... Read more