The higher the THC content, the higher the state tax?

As the legal cannabis industry begins to flourish, a new threat looms on the horizon: the dreaded potency tax. Retailers and consumers alike would feel the crisis as products higher in THC, the psychoactive compound in cannabis, would be taxed at a higher rate. This buzzkill tax would target the heart of what makes cannabis […]


Original post here: The higher the THC content, the higher the state tax?

Comments

Post a Comment

Popular posts from this blog

The Delaware Senate approves legislation legalizing cannabis

Image
The first measure, House Bill 1, which would legalize adult-use cannabis, passed the Senate by a 16-4 vote, while House Bill 2, a bill creating a framework for the regulated sale of recreational marijuana, passed by a 15-vote -5. If passed into law, the bills will make Delaware the 22nd state in the Union to […] Original post here: The Delaware Senate approves legislation legalizing cannabis
Read more

Liquor stores start selling cannabis?

Image
Pennsylvania lawmakers have developed three distinct proposals to achieve multiple goals: legalizing recreational cannabis, providing social justice for those with minor cannabis convictions, and maximizing the economic benefits of a billion-dollar industry. Their innovative plans will address diverse needs and goals while paving the way for a more just and prosperous future. In a landmark […] Original post here: Liquor stores start selling cannabis?
Read more

Prepare for 420 with Hemper

Image
With this 420, Hemper has the right tools for the job. 420 is coming fast, and that means it’s the ideal moment to stock up in preparation for the big day. After all, nothing ruins a great social smoke quite like a broken old bong or a faulty joint roll. Luckily there is Hemper. They’ve […] Original post here: Prepare for 420 with Hemper
Read more