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State THC tax rates vary from 6 percent in Missouri to 37 percent in Washington. Regional THC taxes are usually covered by the state and collection between 2 percent and also 5 percent. The percentage-of-price tax is one of the most preferred tax obligation on THC. 10 states solely use this sort of tax obligation as well as 5 states utilize it along with one more tax obligation.

Tax calculations vary across these states, yet in every state the farmer (i. e., THC cultivator) is accountable for paying the tax obligation to the government, and in every state but New Jacket different components of the plant are strained at different prices (e.


Potency-based. A potency-based tax is computed based on the marijuana item's level of tetrahydrocannabinol (THC), the key psychoactive compound in marijuana.

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City governments can also levy an excise tax on THCsome levy a percentage-of-price tax as well as others impose a weight-based tax. Lawful sales began in October 2016.: The state levies a 16 percent excise tax on marijuana sales that is paid by consumers as well as paid by retailers. There are no regional marijuana taxes in Arizona.



: The state levies a 15 percent excise tax on marijuana sales that is paid by customers as well as remitted by stores. dispensary aurora. The golden state' state government formerly also levied a weight-based tax obligation, yet that tax obligation was rescinded in 2022. City governments in The golden state can additionally impose an excise tax obligation on THC companies.



The last tax obligation can be applied on the farmer, distributor, and also the merchant, which indicates the tax problem on the customer is possibly well above the noted tax obligation rate. Lawful sales began in January 2018.: The state levies both a 15 percent excise tax obligation on marijuana sales (paid by customers and also remitted by sellers) as well as a weight-based tax (paid as well as remitted by growers).

g., edibles) are exhausted at 20 percent of list price. City governments can also levy a percentage-of-price excise tax obligation on marijuana. The neighborhood tax price is topped at 3 percent for towns and also 3. 75 percent for counties. The region tax obligation is topped at 3 percent when there is additionally a municipal tax on the acquisition.

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Lawful sales started in October 2018 but the state did not begin gathering marijuana tax earnings until November 2020.: Maryland voters authorized recreational THC in November 2022. The ballot step did not include a marijuana tax, however instead advised the legislature to create one. As of April 2023, legal THC sales had actually not yet begun in Maryland.

75 percent excise tax obligation on marijuana sales that is paid by consumers and paid by merchants. City governments are additionally permitted to impose approximately a 3 percent tax obligation on the list price. dispensary aurora. Lawful sales began in November 2018.: The state imposes a 10 percent excise tax obligation on marijuana sales that is click here for info paid by consumers as well as paid by stores.

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

Because this tax obligation is imposed on multiple companies in the supply chain (cultivator, distributor, as well as seller), the tax concern can "pyramid" to ensure that the actual tax obligation paid by the customer is more than the noted 2 percent rate. Legal sales began in April 2022.: The state imposes a 12 percent excise tax on THC sales that is paid by customers as well as remitted by stores.

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Legal sales started in April 2022.: There is both a 13 percent excise tax (9 percent state and also 4 percent regional) on THC sales (paid by customers and also paid by retailer) and also a potency-based tax obligation (remitted by representatives) in New york city. The potency-based tax obligation is an each tax obligation: 0.

: The state imposes a 10 percent excise tax obligation on marijuana sales that is paid by consumers and remitted by retailers. Local federal governments are additionally allowed to impose approximately a 3 percent tax on the try this out list price. Click Here Legal sales began in November 2022.: The state imposes a 14 percent excise tax on marijuana sales that is paid by customers and remitted by merchants.

Lawful sales began in October 2022.: The state established a 21 percent excise tax obligation on THC sales that is paid by customers and also paid by retailers. Regional governments will certainly also be allowed to impose as much as a 3 percent tax obligation on the list price. Since April 2023, legal marijuana sales had actually not yet started in Virginia.

Some states devote marijuana tax income to standard federal government programs. As an example, Arizona spends one-third of its income on community colleges, Colorado invests every one of its income on public school building and construction, Michigan makes use of a bulk of its profits for K-12 public colleges and also roadway repair and maintenance, and Washington spends fifty percent of its income on health treatment programs.

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