Legalizing Marijuana May Generate Billions Of Dollars In Taxes

While raising revenues has always been a major concern for governments, the U.S. may already have a feasible solution in marijuana. Numerous proponents of marijuana legalization claim that in addition to the recognized health benefits entailed, marijuana legalization will also open up a significant stream of new revenue that can contribute to the national budget. […]

Medical Marijuana Dispensaries Prevail In The Face Of Rising Taxes

There have been many instances throughout history when state governments find themselves on the opposing sides of the federal government. One particular issue that has become increasingly prominent recently is the legalization of marijuana. At present marijuana has already been legalized for medical use in 18 states and in Washington D.C. In fact, Washington and […]

Tax Laws Target Medical Marijuana Industry

Tax laws are notorious for being difficult to deal with, but the laws regarding the taxation of marijuana are especially challenging. At present, 18 states and Washington D.C.  have legalized the use of marijuana for medical purposes, and Colorado and Washington have even decriminalized recreational use. Even so, the IRS basically places legal marijuana dealers […]

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