Article – Quartz: Here’s how much marijuana businesses pay in taxes

Read the full article at
https://qz.com/1595906/how-much-tax-do-marijuana-businesses-pay/
Here’s a chart Quartz compiled

State
Grower tax, flower
Grower tax, trim
Excise and sales taxes

Alaska
$50/oz
$15/oz
By locality

California
$9.25/oz
$2.75/oz
By locality

Colorado
None
None
15% on sales from grower to retailer; 15% on retail sales

Massachusetts
None
None
10.75% state excise tax; local sales tax capped at 3%

Nevada
None
None
15% on sales from grower to retailer; 10% on retail sales

Oregon
None
None
17% state excise tax; local sales tax capped at 3%

Washington State
None
None
37% state sales tax

According to the Tax Policy Center, a partnership between the Urban Institute and the Brookings Institution, states with marijuana taxes put a portion of the funds toward the following:
Alaska steers 50% of its cannabis revenues to its general fund, and 50% to crime reduction programs.
California uses its cannabis revenues for administrative costs related to legalization, with extra funds going toward economic development, academic studies, and youth programs.
Colorado earmarks its cannabis revenues for education.
Massachusetts pays for various public safety programs with the cannabis taxes it collects.
Nevada uses its cannabis revenues for education programs and to supplement its rainy day fund.
Oregon finances education and drug treatment-and-prevention programs with its cannabis revenues, with some going to local governments.
Washington State uses its cannabis revenues for healthcare.


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