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Local THC tax obligations are typically topped by the state as well as collection in between 2 percent and 5 percent. The percentage-of-price tax is the most prominent tax obligation on marijuana.

Alaska, Colorado, Maine, Nevada, and New Jersey utilize a weight-based marijuana tax obligation. Tax obligation calculations differ throughout these states, but in every state the farmer (i. e., THC grower) is liable for remitting the tax obligation to the government, as well as in every state yet New Jersey various components of the plant are taxed at different prices (e.

Potency-based. dispensary denver. A potency-based tax is calculated based on the marijuana item's level of tetrahydrocannabinol (THC), the main psychoactive substance in marijuana. This kind of tax about mirrors state alcohol tax obligations where higher tax prices are related to products including a higher focus of alcohol (i. e., a state's per gallon alcohol tax obligation price is greater on alcohol than a glass of wine and also greater on white wine than beer).


City governments can also impose an excise tax on THCsome levy a percentage-of-price tax obligation and others impose a weight-based tax. Lawful sales began in October 2016.: The state levies a 16 percent excise tax obligation on THC sales that is paid by customers and paid by sellers. There are no neighborhood THC tax obligations in Arizona.


: The state levies a 15 percent excise tax obligation on marijuana sales that is paid by customers as well as remitted by sellers. California' state federal government formerly likewise imposed a weight-based tax obligation, however that tax obligation was repealed in 2022. Local governments in The golden state can also levy an excise tax obligation on THC organizations.

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The latter tax can be applied on the grower, representative, as well as the retailer, which implies the tax concern on the client is possibly well above the listed tax obligation rate. Lawful sales started in January 2018.: The state levies both a 15 percent excise tax on marijuana sales (paid by consumers and also remitted by merchants) and a weight-based tax (paid and paid by farmers).

g., edibles) are taxed at 20 percent of list price. City governments can likewise impose a percentage-of-price excise tax obligation on marijuana. The local tax obligation rate is topped at 3 percent for communities and 3. 75 percent for regions. The area tax obligation is capped at 3 percent when there is also a local tax on the purchase.



Legal sales began in October 2018 yet the state did not begin gathering marijuana tax profits until November 2020.: Maryland voters authorized leisure THC in November 2022. The ballot action did not have a THC tax, yet rather instructed the legislature to develop one. Since April 2023, legal marijuana sales had actually not yet begun in Maryland.

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75 percent excise tax on marijuana sales that is paid by consumers and also remitted by merchants. City governments are also enabled to levy as much as a 3 percent tax obligation on the list price. Lawful sales began in November 2018.: The state imposes a 10 percent excise tax obligation on THC sales that is paid by customers and paid by retailers.


: The state imposes a 20 percent excise tax obligation on marijuana check my source sales that is paid by customers and remitted by merchants. City governments are also enabled to impose approximately a 3 percent tax obligation on the list price. Legal sales began content in January 2022.: The state levies both a 10 percent excise tax on marijuana sales (paid by customers and also paid by retailers) and a weight-based tax (paid and also paid by cultivators).

Since this tax obligation is levied on several businesses in the supply chain (farmer, supplier, as well as store), the tax worry can "pyramid" to ensure that the real tax paid by the customer is greater than the detailed 2 percent rate. Lawful sales started in April 2022.: The state levies a 12 percent excise tax on THC sales that is paid by consumers as well as remitted by stores (dispensary denver).

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Legal sales started in April 2022.: There is both a 13 percent excise tax obligation (9 percent state and 4 percent local) on marijuana sales (paid by consumers and paid by seller) and a potency-based tax obligation (remitted by distributors) in New york city. The potency-based tax is an each tax: 0.

: The state levies a 10 percent excise tax on marijuana sales that is paid by consumers and also remitted by retailers. City governments are also permitted to levy approximately a 3 percent tax on the market price. Legal sales started in November 2022.: The state levies a 14 percent excise tax obligation on THC sales that is paid by customers and paid by sellers.

Lawful sales began in October 2022.: The state established a 21 percent excise tax on marijuana sales that is paid by consumers as continue reading this well as paid by sellers. City governments will certainly likewise be permitted to levy approximately a 3 percent tax on the list price. As of April 2023, legal marijuana sales had not yet begun in Virginia.

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Some states commit THC tax obligation income to typical government programs. As an example, Arizona spends one-third of its revenue on area universities, Colorado spends all of its earnings on public school building, Michigan makes use of a bulk of its earnings for K-12 public schools and road repair work as well as maintenance, as well as Washington spends half of its income on healthcare programs.

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