Saturday, June 25, 2022

sales tax

Here’s How Much Tax Revenue Has Been Collected From Legal Marijuana Sales In America

The U.S. federal government has left over $500,000,000 in tax revenue on the table by not legalizing marijuana at the federal level.

Oregon Senate Approves Sales Tax Hike On Marijuana Consumers

The total tax applied at the time of sale could increase from 20% to 27%, representing a 35% tax hike to Oregon recreational cannabis consumers.

These States Have The Highest Cannabis Sales Taxes In America

The question is nuanced when analyzing the various potential tax layers applied to legal cannabis.
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