Marijuana Farmers Lose Seattle Tax Exemption

WASHINGTON:  The Seattle City Council moved to close a tax loophole that benefits the pot growing business Monday, but it left the loophole alone for all other farmers.

Councilmember Nick Licata said that Medical Marijuana Dispensaries are already paying a business tax, giving the city more than $100,000 a year. And he believes marijuana farmers should be treated the same way. He won a unanimous council vote to change the law so that marijuana farmers will no longer be treated the same as the growers of fruits and vegetables. Marijuana farmers will no longer be able to take the agricultural exemption from the Business and Occupation tax.

“All of these advocates in the marijuana business, growing business agree that they want to pay taxes,” Licata said.

Puget Island May Embrace Marijuana Production, Though Begrudgingly So For Many

WASHINGTON: This community of corn fields and dairy cows could soon be growing a more controversial commodity.

Aspiring marijuana farmers have filed two applications with the Washington Liquor Control Board to locate along State Route 409, the main drag across the island. The applications have thrust the rural area into a debate facing communities across the state — despite voter approval of Initiative 502 in 2012, should marijuana businesses be allowed in communities that may disapprove of it?

“I just don’t believe that we need it here in the county,” said Wahkiakum County Commissioner Dan Cothren said. “It sends the wrong message to our youth.” [Read more…]

Marijuana Farmers Unlikely To See Farm Tax Perks

COLORADO:   Marijuana farmers and agricultural tax breaks are the next wrinkle facing the states that have legal weed as lawmakers debate how to tax the product while it’s growing.

Legislatures in both Colorado and Washington are taking a look at pot farmers this session. [Read more…]