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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife News Network.

Alaska: State receiving first tax payments from marijuana businesses – Cannabis News

ANCHORAGE (KTUU) - Tax dollars from Alaska’s new marijuana industry have finally begun flowing into state coffers, with the first cash payments from pot businesses being made in Anchorage this week.

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Alaska: State receiving first tax payments from marijuana businesses – Cannabis News

ANCHORAGE (KTUU) - Tax dollars from Alaska’s new marijuana industry have finally begun flowing into state coffers, with the first cash payments from pot businesses being made in Anchorage this week.

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N.H. gubernatorial candidate argues for marijuana legalization as a revenue generator – Cannabis News

Unlike many of the other candidates running for governor, Democrat Steve Marchand isn’t afraid of saying he wants to expand the state budget, rather than shrink it.

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The Cannabis Industry Finds Ways to Give Back to the Community – Cannabis News

Those running retail marijuana dispensaries or cultivation facilities want to be taken seriously, and many have taken it upon themselves to find ways to engage in their communities.

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Marijuana sales tax revenue huge boon for Colorado cities – Marijuana News

From small towns that barely dot the map to the state’s largest urban areas, revenue from retail marijuana sales is helping communities address homelessness, send children to college, patch potholes, secure water rights and fund an array of projects.

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Legalizing marijuana would reap $300M a year in taxes for N.J., advocates say – Marijuana News

TRENTON — New Jersey could reap $300 million a year in sales tax revenue by legalizing marijuana for recreational use, according to a new report by supporters of the effort.

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The Government Could Make a Buttload of Tax Cash off of Legal Marijuana – Marijuana News

As more and more states legalize marijuana for medical and recreational use, federal state and local governments are in for a tax bonanza, according to a new pair of reports from the nonprofit Tax Foundation.

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Will falling oil prices help push marijuana legalization in Texas? Advocates hope so. – Marijuana News

AUSTIN — Optimistic advocates hope Texas will legalize the green to make more green. Low oil prices could make the stakes higher than ever for Texas’ economic future when lawmakers meet to pass the state’s next budget in 2017.

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Marijuana industry helping some small towns survive – Marijuana News

EMPIRE, Colo. – Colorado’s $1 billion marijuana industry is helping some small towns stay afloat. A prime example is the town of Empire, in Clear Creek County.

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7 takeaways from the special report on marijuana legalization in Massachusetts – Marijuana News

BOSTON – Massachusetts voters are expected to head to the polls in November and likely vote on a ballot measure fully legalizing marijuana, four years after they signed off on medical marijuana and eight years after approving decriminalization of small amounts of the substance.

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7 takeaways from the special report on marijuana legalization in Massachusetts – Marijuana News

BOSTON – Massachusetts voters are expected to head to the polls in November and likely vote on a ballot measure fully legalizing marijuana, four years after they signed off on medical marijuana and eight years after approving decriminalization of small amounts of the substance.

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Will Louisiana Be the First Southern State to Legalize Weed? – Marijuana News

Notorious for its strict marijuana laws, Louisiana is looking at legalized weed as a way to get out of debt. What will happen to its prisoners?

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Will Louisiana Be the First Southern State to Legalize Weed? – Marijuana News

Notorious for its strict marijuana laws, Louisiana is looking at legalized weed as a way to get out of debt. What will happen to its prisoners?

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Marijuana May Be Legal, but Good Luck Filing the Paperwork – Marijuana News

Marijuana is legal to buy in several states, but no law says that selling it will be free from cumbersome expense and paperwork, especially when it comes to taxation.

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California marijuana advocates battle huge pot tax increase – Marijuana News

A proposed, 15 percent tax on medical marijuana sales would push the government's take on retail pot in Los Angeles to more than one fourth of the advertised price.

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Colorado marijuana sales skyrocket to nearly $1 billion in 2015 – Marijuana News

$996,184,788 — that's the final tally for Colorado marijuana sales as December 2015 figures show a record-setting finish.

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The legal marijuana industry scrambles to keep up with changing tax agendas

Bruce Kennedy ~ WeedWorthy ~

Experts say legal cannabis companies have to keep meticulous records if they don’t want to run afoul of federal, state and community tax officials.

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