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State marijuana tax obligation prices vary from 6 percent in Missouri to 37 percent in Washington. Neighborhood THC taxes are typically covered by the state as well as set in between 2 percent and also 5 percent. The percentage-of-price tax is one of the most prominent tax obligation on THC. 10 states exclusively use this type of tax and also five states utilize it along with another tax obligation.

Tax obligation computations vary throughout these states, however in every state the grower (i. e., marijuana cultivator) is accountable for remitting the tax to the federal government, and in every state but New Jersey different parts of the plant are strained at different rates (e.


Potency-based. A potency-based tax obligation is computed based on the THC product's degree of tetrahydrocannabinol (THC), the key psychedelic compound in THC.

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City governments can also impose an excise tax on THCsome levy a percentage-of-price tax obligation as well as others levy a weight-based tax obligation. Legal sales began in October 2016.: The state imposes a 16 percent excise tax obligation on THC sales that is paid by consumers and also paid by merchants. There are no neighborhood marijuana taxes in Arizona.



: The state imposes a 15 percent excise tax on marijuana sales that is paid by customers as well as paid by stores. dispensary aurora. California' state government formerly also levied a weight-based tax, however that tax obligation was repealed in 2022. City governments in The golden state can additionally levy an excise tax on marijuana companies.



The latter tax obligation can be used on the farmer, distributor, and the seller, which implies the tax obligation worry on the customer is possibly well above the provided tax obligation rate. Lawful sales started in January 2018.: The state levies both a 15 percent excise tax on THC sales (paid by customers and also remitted by retailers) and also a weight-based tax obligation (paid as well as paid by farmers).

g., edibles) are strained at 20 percent of market price. Regional governments can also impose a percentage-of-price excise tax on THC. The regional tax rate is covered at 3 percent for municipalities and also 3. 75 percent for counties. However, the county tax is capped at 3 percent when there is also a local tax obligation on the purchase.

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Lawful sales started in October 2018 yet the state did not start accumulating THC tax income up until November 2020.: Maryland voters accepted recreational marijuana in November 2022. The tally action did not contain a THC tax obligation, yet rather instructed the legislature to create one. Since April 2023, lawful THC sales had not yet begun in Maryland.

75 percent excise tax obligation on marijuana sales that is paid by customers and also paid by stores. City governments are also allowed to impose as much as a 3 percent tax on the market price. dispensary aurora. Lawful sales began in November 2018.: The state levies a 10 percent excise tax obligation on THC sales that is paid by consumers and paid by stores.

: The state imposes a 20 percent excise tax on THC sales that is paid by customers as well as remitted by retailers (dispensary aurora). City governments are additionally enabled to levy approximately a 3 percent tax obligation on the market price. Lawful sales began in January 2022.: Continue The state levies both a 10 percent excise tax obligation on THC sales (paid by customers and paid by retailers) and a weight-based tax obligation (paid as well as remitted by cultivators).

Because this tax obligation is imposed on multiple companies in the supply chain (grower, representative, and store), the tax concern can "pyramid" so that the real tax paid by the customer is greater than the listed 2 percent price. Lawful sales began in April 2022.: The state imposes a 12 percent excise tax on THC Get More Information sales that is paid by customers as well as paid by merchants.

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Lawful sales started in April 2022.: There is both a 13 percent excise tax (9 percent state and also 4 percent regional) on marijuana sales (paid by consumers as well as paid by retailer) as well as a potency-based tax obligation (remitted by representatives) in New York. The potency-based tax obligation is an each tax obligation: 0.

: The state imposes a 10 percent excise tax obligation on THC sales that is paid by consumers and also paid by sellers. Neighborhood governments are likewise enabled to impose approximately a 3 percent tax on the market price. Lawful sales started in November 2022.: The state imposes a 14 percent excise tax obligation on marijuana sales that is paid by customers as well as paid by stores.

Lawful sales started in October 2022.: The state enacted a 21 percent excise tax on marijuana sales that is paid by customers and also paid by stores. Local federal governments will certainly also be allowed to levy up to a 3 percent tax on the retail cost. Since April 2023, lawful browse around these guys THC sales had not yet started in Virginia.

Some states dedicate marijuana tax obligation revenue to standard government programs. Arizona spends one-third of its revenue on area colleges, Colorado spends all of its income on public school construction, Michigan makes use of a bulk of its profits for K-12 public institutions and roadway repair and upkeep, as well as Washington spends fifty percent of its revenue on health and wellness care programs.

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