Saturday, October 6, 2012

Tax on medical marijuana

  • Medical Marijuana Tax Revolt Brewing

    Like every other medical marijuana dispensary in the state, Hodges paid state sales taxes in order to appease the Board of Equalization, which levies the same tax rate on pot clubs (8.375 percent, as of Oct. 1) as any other business. Except Hodges does ...

    www.huffingtonpost.com

  • Tax Cheat or Hero? Medical Marijuana Tax Revolt Brewing

    Taxes are never far from Dave Hodges' mind. According to the state of California, Hodges, the founder and operator of the All American Cannabis Club in San Jose, owes almost a quarter million dollars in back taxes. According to Hodges, the state owes ...

    blogs.sfweekly.com

  • 'Marijuana Dealer And Nefarious Dude' Resume Makes The Rounds (PHOTO)

    In 2011, Colorado pulled in $5 milllion in sales taxes from medical marijuana businesses, <a href="http://www.

    www.huffingtonpost.com

  • Marijuana Legalization TV Ad Says: 'Let's Have Marijuana Tax Money Go To Our ...

    If marijuana is legalized in Colorado it would be taxed and regulated similar to alcohol and tobacco. It would give state and local governments the ability to control and tax the sale of small amounts of marijuana to adults age 21 and older. According ...

    www.huffingtonpost.com

  • Palo Alto Mulls Medical Marijuana, With Conservative Backing

    The city's elected officials agree: They all hate Measure C, despite the permit fees and local taxes voter-approved medical marijuana clubs would bring in. Yet the idea of allowing legal cannabis within "Shallow Alto" city limits does have backers ...

    blogs.sfweekly.com

  • Little organized opposition to marijuana-legalization initiative

    Research: Portion of taxes dedicated to marijuana research, prevention programs and state health-care fund. Medical marijuana: Does not change state medical law. Homegrown: Does not allow home growing; marijuana may be bought only at state-licensed ...

    seattletimes.com

  • Marijuana Washing Up On South Florida Shores At Record Rate

    In 2011, Colorado pulled in $5 milllion in sales taxes from medical marijuana businesses, <a href="http://www.

    www.huffingtonpost.com

  • Why Medical Marijuana Patients Are Protesting at Obama's Campaign ...

    And it was frustrating to watch Obama's now-infamous Harold and Kumar video, in which he asked fictional stoners for support while turning his back on real-life medical marijuana patients. In four years, Obama's DEA has taken action against far more ...

    www.huffingtonpost.com

  • Keywords: Drug War, Marijuana

    In a country currently suffering from a recession, regulating marijuana could produce vast tax revenues. Each year, California already collects $50-100 million in sales tax from medical marijuana. According to the CA State Board of Equalization ...

    www.huffingtonpost.com

  • Regulations work: Lessons from California's experience with medical marijuana

    A key benefit of the regulation of medical cannabis is the generation of tax revenue for the state of California and for local governments that have instituted local taxes on dispensaries. The State Board of Equalization began to collect state sales ...

    blog.chron.com

  • Medical marijuana supporter confident of ballot victory, but Palo Alto leader ...

    The specific question that Palo Alto voters will face on Nov. 6 is whether to allow three medical marijuana dispensaries; the city now has none.

    peninsulapress.com

  • Los Angeles repeals ban on medical marijuana shops

    LOS ANGELES (Reuters) - The Los Angeles City Council voted to rescind a newly enacted ban on storefront medical marijuana shops on Tuesday, allowing the city to avoid a referendum next year that some officials said would likely succeed in reversing the ...

    news.yahoo.com

  • Boulder's medical marijuana industry thins in face of strict city regulation

    Even as the number of dispensaries has declined in Boulder, tax revenue from the medical marijuana industry has remained relatively stable.

    www.dailycamera.com

  • Ann Arbor Tables Medical Marijuana Question

    The board-recommended revisions to the medical marijuana licensing ordinance are laid out in detail in The Chronicle's coverage of the medical marijuana licensing board's Jan. 31, 2012 meeting. [.pdf of recommended licensing ordinance revisions ...

    annarborchronicle.com

  • Commentary: Medical marijuana and taxes

    Fourteen years before any medical marijuana laws existed, US Tax Code was amended because a convicted coke dealer had successfully deducted guns, boats, and bribes.

    www.boulderweekly.com

  • $147000 tax bill for Victoria's medical-marijuana club

    Victoria - The tax man has come knocking at the door of the Cannabis Buyers Club of Canada, and its founder said there will be full compliance from the organization.

    www.vancouversun.com

  • Boozman: Hogs will 'live to fight another day'

    John Boozman, R-Ark. U.S. Sen. John Boozman, R-Ark., talked Tuesday (Oct. 2) about highway funding, the national debt, taxes, medical marijuana and one of the key issues now facing many Arkansans - the 1-4 start to the Razorback football season.

    www.thecitywire.com

  • Marijuana Tax Returns to Rules

    According to the city's Department of Finance, in the past fiscal year, 80 of the 158 medical marijuana dispensaries have "never, or only sporadically, paid the medical marijuana tax approved by voters in 2010 through Measure U." The councilmembers ...

    www.sanjoseinside.com

  • L.A. Gives Initial Approval To Repeal Medical Marijuana Ban

    Medical marijuana has been allowed in California since voters passed Proposition 215 sixteen years ago. But two years ago, voters rejected a measure to tax the medical marijuana industry. Meanwhile, neighborhood groups in Los Angeles have been ...

    www.neontommy.com

  • Arkansas court upholds medical marijuana ballot initiative

    The amount of time, manpower and tax dollars wasted on this issue is deplorable. Marijuana is a plant, and being such, man cannot control it.

    news.yahoo.com

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