Remove Colorado Remove Regulation Remove Retail Remove Taxes
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Colorado’s Marijuana Industry Tops $6B

PYMNTS

The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014. In addition, taxes generated by the industry grew by nearly 8 percent last year. Last year, regulated marijuana sales in Colorado were nearly $1.55

Industry 155
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Can South Dakota Move The Needle On A Federal Online Sales Tax?

PYMNTS

This is proving particularly true for more and more cash-strapped states that have spent years staring at soaring traffic for online retailers but little — if any — increases in the taxes reaped from this digital, transcontinental economy. proper to occupy much of the conversation. And South Dakota, for one, has had enough.

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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. Recreational marijuana may be legal now, but many FIs remain reluctant to conduct business with marijuana retailers, due to the industry’s controversial nature.

Colorado 126
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Taking Your Coffee With Sugar, Milk And Blockchain?

PYMNTS

Bext360 is a fair-trade coffee supplier for retail coffeehouses that uses social commerce to give back to communities from where the coffee is sourced. After all, meeting fair-trade regulations and standards is all about making sure that the right hands get rightfully paid for their work.

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The 25 Most Absurd Job Titles In Tech

CB Insights

Retail Jedi. At the now defunct Convergys Corporation, new sales employees pitching the company’s customer management software were known as retail Jedis. Tax Wrangler. The Hamilton Journal-News reported in 2015 that the Colorado-based StarTek Inc. Her new moniker: browser boss. It’s holistic.”. Brand Warrior.

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Fizzle Of The Week: The Cannabis Payments Conundrum

PYMNTS

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.

Taxes 177
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GonzoBanker Awards 2017

Gonzobanker

Heavy-handed regulators. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Monty Python “I’m Not Dead … Yet” Award – Goes to physical retail.