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California considers lower taxes on pot to help new legal industry compete with black market
#7
In WA state there is a 37% state excise tax plus up to a 10.4 percent local and state sales tax. I went into a weed store last summer and saw it was selling for as low as $5 a gram including taxes. Back when I was a consumer (early 80's) street value was $10/gram, that's about $23.41 in 2018 dollars. California weed should be extremely cheap with only a 11% tax and the growers are going to be making the big bucks.
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Re: California considers lower taxes on pot to help new legal industry compete with black market - by Bill S. - 03-16-2018, 02:44 AM

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