Study the complete post at
https://qz.com/1595906/how-a great deal-tax-do-marijuana-enterprises-spend/
Right here’s a chart Quartz compiled
|State||Grower tax, flower||Grower tax, trim||Excise and sales taxes|
|Colorado||None||None||15% on sales from grower to retailer 15% on retail sales|
|Massachusetts||None||None||10.75% state excise tax nearby sales tax capped at three%|
|Nevada||None||None||15% on sales from grower to retailer 10% on retail sales|
|Oregon||None||None||17% state excise tax nearby sales tax capped at three%|
|Washington State||None||None||37% state sales tax|
According to the Tax Policy Center, a partnership among the Urban Institute and the Brookings Institution, states with marijuana taxes place a portion of the funds toward the following:
- Alaska steers 50% of its cannabis revenues to its common fund, and 50% to crime reduction applications.
- California utilizes its cannabis revenues for administrative fees associated to legalization, with additional funds going toward financial improvement, academic research, and youth applications.
- Colorado earmarks its cannabis revenues for education.
- Massachusetts pays for a variety of public security applications with the cannabis taxes it collects.
- Nevada utilizes its cannabis revenues for education applications and to supplement its rainy day fund.
- Oregon finances education and drug remedy-and-prevention applications with its cannabis revenues, with some going to nearby governments.
- Washington State utilizes its cannabis revenues for healthcare.