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State THC tax obligation prices range from 6 percent in Missouri to 37 percent in Washington. Neighborhood THC tax obligations are commonly capped by the state and set between 2 percent as well as 5 percent. The percentage-of-price tax is one of the most popular tax on marijuana. Ten states only utilize this kind of tax obligation and also 5 states use it along with another tax.

Alaska, Colorado, Maine, Nevada, and New Jersey use a weight-based THC tax. Tax obligation calculations vary across these states, but in every state the cultivator (i. e., THC grower) is accountable for paying the tax obligation to the government, and in every state but New Jacket different components of the plant are tired at various rates (e.

Potency-based. A potency-based tax obligation is determined based upon the marijuana product's level of tetrahydrocannabinol (THC), the key psychoactive substance in marijuana. This type of tax obligation about mirrors state alcohol tax obligations where higher tax obligation prices are applied to items including a higher focus of alcohol (i. e., a state's per gallon alcohol tax obligation price is higher on alcohol than red wine as well as higher on red wine than beer).

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



: The state levies a 15 percent excise tax on marijuana sales that is paid by consumers and also remitted by merchants. dispensary aurora. The golden state' state federal government formerly likewise levied a weight-based tax obligation, however that tax obligation was reversed in 2022. Local governments in The golden state can likewise impose an excise tax obligation on marijuana services.



The last tax obligation can be used on the farmer, distributor, and also the seller, which means the tax obligation worry on the client is perhaps well over the listed tax rate. Lawful sales began in January 2018.: The state levies both a 15 percent excise tax obligation on THC sales (paid by customers and also paid by stores) as well as a weight-based tax obligation (paid and paid by farmers).

Regional governments can also impose a percentage-of-price excise tax obligation on THC. The region tax obligation is capped at 3 percent when there is additionally a municipal tax on the purchase.

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Lawful sales began in October 2018 but the state did not start accumulating marijuana tax obligation earnings till November 2020.: Maryland voters authorized leisure marijuana in November 2022. The tally action did try this web-site not have a THC tax obligation, but rather instructed the legislature to create one. Since April 2023, legal marijuana sales had not yet started in Maryland.

75 percent excise tax obligation on THC sales that is paid by customers and also paid by stores. Local governments are also permitted to levy approximately a 3 percent tax on the retail cost. dispensary aurora. Legal sales began in November 2018.: The state imposes a 10 percent excise tax obligation on THC sales that is paid by customers as well as remitted by merchants.

: The state levies a 20 percent excise tax obligation on THC sales that is paid by customers and also paid by merchants (dispensary aurora). City governments are likewise enabled to impose approximately a 3 percent tax obligation on the list price. Legal sales began in January 2022.: The state levies both a 10 percent excise tax on THC sales (paid by consumers as well as paid by merchants) and also a weight-based tax obligation (paid as well as paid by farmers).

Since this tax obligation is levied on multiple companies in the supply chain (grower, representative, and store), the tax obligation concern can "pyramid" to ensure you can try here that the real tax paid by the customer is greater than the noted 2 percent rate. Legal sales began in April 2022.: The state levies a 12 percent excise tax on marijuana sales that is paid by customers as well as paid by retailers.

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Legal sales began in April 2022.: There is both a 13 percent excise tax obligation (9 percent state as well as 4 percent neighborhood) on THC sales (paid by customers and also remitted by retailer) and a potency-based tax (paid 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 consumers and also paid by merchants. Local governments are also permitted to levy approximately a 3 percent tax obligation on the list price. Lawful sales started in November 2022.: The state imposes a 14 percent excise tax on marijuana sales that is paid by consumers and also paid by retailers.

Legal sales began in October 2022.: The state established a 21 percent look at this site excise tax on marijuana sales that is paid by consumers and paid by sellers. Regional governments will certainly also be permitted to levy as much as a 3 percent tax obligation on the list price. Since April 2023, lawful marijuana sales had not yet started in Virginia.

Some states dedicate THC tax obligation income to conventional government programs. Arizona invests one-third of its earnings on neighborhood universities, Colorado spends all of its earnings on public school building and construction, Michigan uses a majority of its profits for K-12 public colleges as well as roadway repair service and also maintenance, and also Washington spends half of its income on wellness care programs.

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