NC Medical Marijuana Bill has taxes higher than CO’s adult use law

North Carolina’s HB 84 may have some of the highest taxes ever proposed for medical marijuana.  It has two layers of 10 percent tax:

“Each medical cannabis center licensed and operating under this section shall pay to the Department monthly fees equal to ten percent (10%) of the medical cannabis center’s gross revenue derived from the sale of cannabis and cannabis-infused products.”

“Each producer of medical cannabis or cannabis-infused products producer licensed and operating under this section shall pay to the Department monthly fees equal to ten percent (10%) of the producer’s gross revenue derived from the sale of cannabis and cannabis-infused products.”  http://www.ncleg.net/Sessions/2013/Bills/House/PDF/H84v0.pdf

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s