Tag Archives: Department of Revenue

Oregon Tax Distributions

First Marijuana Tax Revenue Distributions Coming Soon

SALEM, Ore., Oct. 6, 2017 /Weed Wire/ — The first distributions of state marijuana tax revenues—totaling nearly $85 million—are on their way to the State School Fund; the Mental Health, Alcoholism, and Drug Services Account; the Oregon State Police (OSP); the Oregon Health Authority (OHA); and Oregon’s cities and counties. All distributions will be complete by October 11, 2017.

Montana Medical Cannabis Providers' Tax Deadline Approaching

Tax Deadline Approaching for Montana Medical Cannabis Providers

Montana medical cannabis providers have until Oct. 15, 2017, to file and pay their taxes for sales made in July, August and September. This represents the first time the state’s Department of Revenue has collected taxes on medical cannabis sales.

Oregon Marijuana Dispensary Tax Payment Stolen by Department of Revenue Employee

Oregon Marijuana Dispensary Tax Payment Stolen by Department of Revenue Employee

Making a marijuana dispensary tax payment without a bank account is difficult for numerous reasons, but now dispensary owners might also have trouble trusting the actual tax man collecting the payment.

New Rule Limits Marijuana Social Use in Denver

New Rule Limits Marijuana Social Use in Denver

On Nov. 18, 2016, the Colorado Department of Revenue announced a new rule that would prevent holders of liquor licenses from allowing on-site use of marijuana, striking a blow to supporters Initiative 300, a ballot measure allowing the social use of marijuana in Denver.

Oregon Collects More Than $40 Million in Marijuana Tax Payments

Oregon Collects More Than $40 Million in Marijuana Tax Payments

According to an announcement made by the Oregon Department of Revenue on Oct. 17, 2016, as of Sept. 30, the state of Oregon has collected $40.2 million in tax revenue this year from the legal marijuana industry, approaching the 2016 forecast of $43 million estimated by state economists earlier this year.

Department of Revenue Releases Marijuana Tax Collection Numbers

SALEM, Ore., Oct. 17, 2016 /Weed Wire / — As of September 30, 2016, the Department of Revenue has received $40.2 million in marijuana tax payments. Medical marijuana dispensaries started collecting a 25-percent tax on their recreational marijuana sales in January.

Alaska

Alaska Marijuana Control Board Answers Questions on Proposals

In Alaska, the state Marijuana Control Board has released a series of questions and answers on its third set of proposed marijuana regulations, which covered topics such as cultivation facility licensing, edibles concentrations, and marijuana testing.

Revenue

Colorado Cannabis Tax Revenue Falls Short

Taxes are like flies: no one really wants them around, but they play a vital role in their respective ecosystem. As summer flies by, Colorado officials are counting coffers and noticing an extreme shortfall in projected revenue from taxes on recreational cannabis.

Real Estate

Warehouse Space Scarce as Indoor Weed Farms Skunk Denver’s Industrial Real Estate

Recreational marijuana has owners of Denver industrial property seeing green in more ways than one. Industrial warehouse space is becoming scarce in Denver for pot-growing operations. On March 11, 2o14, The Denver Post reported that the competitive market of warehouses for pot operations puts dispensaries in a head-to head competition for the space.


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