tax revenue

U.S. states have adopted different tax structures in their respective recreational cannabis markets, each with its pros and cons. Insights from a recently published article by the Tax Foundation show that ad valorem taxes, which are based on the sales price of cannabis, are still the simplest to...

As British Columbia expands the number of both private and public marijuana stores, tax recollection keeps growing. In December, the province experienced an all-time high cannabis tax revenue since legalization in 2018. It reached CA$2.5 million (US$1.8 million). That's a 44...