i-502 Cannabis Retail Shop Revenue for Government

 

More than 50% of Revenue In Marijuana Businesses Go To State And Federal Taxes

I-502 recreational marijuana retail shops revenue in early October 2014. This is the daily gross revenue amounts. Of course, more than 50% of the revenue goes out on state and federal taxes, including income tax, excise tax, sales tax, and the sad reality of 280E of the federal tax code which does not permit most deductions on controlled substances.

ChartMJ

 

Tags:

Share:

Related Articles

 The WSLCB Could Lose Their Enforcement Authority

A bipartisan bill aimed at “reforming the compliance and enforcement provisions for marijuana licensees” in Washington passed through committee with a “Do Pass” recommendation. HB 1237-S has yet to be.

“It’s a Small World” Song May Constitute Pain & Suffering

30 Minutes Of ‘Its A Small World’ On A Loop Garnered A $4,000 Settlement At least a court has found that being caught on the Disney ride for 30 minutes.

10 Humorous Hollywood Legal Disclaimers

Legal Disclaimer Jokes In Movies- Top Ten 10 Humorous Legal Disclaimers from Hollywood. Borat “Selling piratings of this movie disc will result in punishment by crushing.” Dogma “1) a renunciation.

605 1st Ave. Suite 330 Seattle, WA 98104

1914 Willamette Falls Dr Suite 230 West Linn OR 97068

One Market St Spear Tower, Floor 36 94105

730 Arizona Ave Santa Monica, CA 90401