Here are Maine’s marijuana producer tax rates, in addition to its 10 percent retail tax. The Legislature overrode the price-based producer taxes that the voter initiative contained:
- $335 per pound of marijuana flower or mature marijuana plants;
- $94 per pound of marijuana trim;
- $1.50 per immature marijuana plant or seedling; and
- $0.30 per marijuana seed.
I’m posting a table covering cannabis sales in Washington that was prepared by Ben Hansen, Keaton Miller, and Caroline Weber – academic economists out west, the first two authors at the University of Oregon, the last at the University of Washington. They authorized me to share it. Click here: table_for_pat_oglesby
The table shows only a small correlation, 0.188, between (reported or claimed) THC concentration and price per gram, so it seems to chip away at the claim that a price tax base is a pretty good proxy for a THC tax.
Meanwhile, weight taxes are proliferating. California’s tax for flower is $9.25 per ounce, for leaves or trim, it’s $2.75. AK, NV, CO, and now ME also have multiple categories of product that bear different weight based taxes. Those weight-based taxes may well correlate with potency better than price-based taxes do.
NOLA NTA November 15, 2018
Click on that link to download slides.