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State THC tax obligation prices range from 6 percent in Missouri to 37 percent in Washington. Local marijuana tax obligations are typically capped by the state as well as collection between 2 percent as well as 5 percent. The percentage-of-price tax obligation is the most popular tax obligation on THC. Ten states solely use this type of tax obligation as well as 5 states utilize it along with one more tax.

Tax obligation calculations vary across these states, yet in every state the farmer (i. e., marijuana farmer) is accountable for remitting the tax to the federal government, and in every state yet New Jersey different components of the plant are taxed at various rates (e.

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Potency-based. A potency-based tax is calculated based on the marijuana product's degree of tetrahydrocannabinol (THC), the key psychoactive compound in THC (dispensary denver).


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


: The state levies a 15 percent excise tax obligation on THC sales that is paid by consumers and paid by retailers. The golden state' state government previously additionally levied a weight-based tax obligation, however that tax obligation was reversed in 2022. City governments in California can additionally levy an excise tax obligation on marijuana companies.

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The latter tax obligation can be used on the farmer, supplier, and also the seller, which implies the tax concern on the consumer is perhaps well over the listed tax rate. Legal sales started in January 2018.: The state levies both a 15 percent excise tax on THC sales (paid by consumers as well as remitted by merchants) and also a weight-based tax obligation (paid as well as remitted by cultivators).

g., edibles) are strained at 20 percent of list price. Regional governments can additionally levy a percentage-of-price excise tax on marijuana. The local tax obligation rate is topped at 3 percent for districts and 3. 75 percent for regions. The area tax is topped at 3 percent when there is likewise a local tax obligation on the purchase.



Lawful sales began in October 2018 yet the state did not start collecting THC tax obligation profits till November 2020.: Maryland voters accepted leisure marijuana in November 2022. The ballot measure did not contain a THC tax, yet instead instructed the legislature to produce one. Since April 2023, lawful THC sales had not yet started in Maryland.

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75 percent excise tax have a peek here on THC sales that is paid by customers as well as remitted by sellers. City governments are also allowed to impose up to a 3 percent tax obligation on the market price. Lawful sales began in November 2018.: The state levies a 10 percent excise tax on marijuana sales that is paid by customers as well as paid by sellers.


: The state levies a 20 percent excise tax obligation on THC sales that is paid by customers as well as remitted by merchants. City governments are likewise permitted to levy up to a 3 percent tax obligation on the market price. Lawful sales started in January 2022.: The state levies both a 10 percent excise tax obligation on marijuana sales (paid by customers as well as remitted by retailers) and also a weight-based tax (paid and remitted by farmers).

Due to the fact that this tax is levied on multiple businesses in the supply chain (grower, supplier, as well as seller), the tax obligation worry can "pyramid" to make sure that the actual tax paid by the customer is greater than the detailed 2 percent rate. Lawful sales began in April 2022.: The state imposes a 12 percent excise tax on THC sales that is paid by customers and paid by merchants (dispensary denver).

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

: The state levies a 10 percent excise tax obligation on THC sales that is paid by customers and also remitted by retailers. City governments are likewise allowed to impose as much as a 3 percent tax on the list my review here price. Legal sales started in November 2022.: The state imposes a 14 percent excise tax on marijuana sales that is paid by consumers and also remitted by merchants.

Legal sales started in October 2022.: The state passed a 21 percent excise tax obligation on THC sales that is paid by consumers as well as remitted by merchants. Local federal governments will additionally be enabled to levy approximately a 3 percent tax on the market price. As of April 2023, lawful THC sales useful link had not yet started in Virginia.

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Some states devote THC tax obligation earnings to traditional federal government programs. For instance, Arizona invests one-third of its profits on community universities, Colorado spends every one of its profits on public school construction, Michigan makes use of a majority of its revenue for K-12 public institutions and also road fixing as well as upkeep, and Washington invests half of its income on healthcare programs.

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