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Home»Business & Industry»Cannabis Company Owes Oregon $27M in Back Taxes; Largest Sum in State
Business & Industry

Cannabis Company Owes Oregon $27M in Back Taxes; Largest Sum in State

July 25, 2023Updated:December 6, 2024No Comments2 Mins Read
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Cannabis Company Owes Oregon $27M in Back Taxes; Largest Sum in State
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A Medford, Oregon hashish firm owes the state greater than $27 million in again taxes, the Salem Statesman Journal studies. The sum owed by American Patriot Manufacturers represents the biggest back-taxes complete owed to the state.  

The state this month revealed a listing of individuals and corporations that owe the state greater than $50,000 in again taxes, following the approval of a 2019 legislation permitting the checklist to be made public with the objective of accelerating income collections. The checklist’s publication was delayed through the coronavirus pandemic as officers acknowledged the monetary hardship some taxpayers confronted. 

Notably, the U.S. Securities and Trade Fee issued fraud prices in March in opposition to American Patriot Manufacturers, its CEO, and 5 others for allegedly funneling investor funds into private accounts and bills.

Different hashish firms on the checklist embrace: 

  • CannaKing Marijuana Dispensaries: $319,622 
  • Medical Marijuana Card Companies and 5 different entities owned by Dana L. Weihman: $166,010 
  • Marijuana Paradise: $61,214 
  • Duzon Enterprises: $1,377,046 
  • Candy Leaf Hashish LLC and 5 different firms owned by Jeremy Wheeler: $829,601 
  • SC Holdings LLC and 9 different firms owned by Man M. Vu: $691,806 
  • South Lake Retail LLC, house owners of Crush Hashish and Beautiful Inexperienced Retail LLC: $561,618 
  • Elite Built-in LLC, house owners of Canna Seashore Junction, and Hashish Nook: $272,608 
  • Patrick B. Maher proprietor of Canna Seashore Junction and Hashish Nook: $265,299 
  • Rooted Coast Hashish LLC: $258,394 
  • 4.0 Belmont LLC, house owners of 41st & Belmont, LLC, and Tetra Hashish: $149,257 
  • Peou Sea LLC, house owners of Brothers Hashish: $132,489 
  • Singing Sands Hashish Firm LLC: $118, 395 
  • ACNM LLC, house owners of Phresh Hashish: $102,267 
  • Bert E. Gold, proprietor of Hightide and Oregon Hashish Co-Op: $62,742  
  • Cascade Hashish Distributing LLC: $70,586  
  • Austin, Texas-based Jacquelyn Mangione, Gras Hashish: $82,109 
  • Arlington, Texas-based Oluwaseun B. Adedeji/Elev8 Hashish LLC: $70,597/$67,586 

In Might, Gov. Tina Kotek (D) directed the Division of Income and the Oregon Liquor and Hashish Fee to withhold licenses and renewal of licenses from hashish companies delinquent on taxes in an effort to enhance tax compliance within the business. 

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27M cannabis cannabis industry Company Cultivation Investments Largest marijuana business market growth Oregon Owes Regulations State Sum Taxes
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