Slides are at Generic weed ALCOHOL FIRST tax slides 4 December 2019-4
Here is chart:
Center for New Revenue
Pat Oglesby, Www.newrevenue.org, 4 December 2019
| Recreational FLOWER Excise Taxes | STATUTORY Pre-Retail | ACTUAL Pre-Retail % OR /gram | Retail |
| Canada (ex Manitoba) | Greater of 10% or $1/gram | Greater of 10% or $1 | Provinces vary |
| Alaska | $50/oz. | $1.76 | 0 |
| California | $9.25/oz. indexed; now $9.65/oz. | $0.34 | 15% X (Wholesale price + 80%) |
| Colorado | 15% | $0.33 | 15% |
| Illinois | 7% | 7% | 10% target |
| Maine | $335/pound | $0.74 | 10% |
| Massachusetts | 0 | 13.75% | |
| Michigan | 0 | 10% | |
| Oregon | 0 | 20% | |
| Nevada | 15% | $0.76 | 10% |
| Washington | 0 | 37% |
All states taxing weight have categories taxed lower than flower (bud) — like trim (leaves, shake). Most recreational states impose standard retail sales (non-excise) taxes, too, if they have them; e.g., Massachusetts’s total retail tax goes from 13.75% to 20%. Colorado and Nevada adjust weight taxes periodically to tax 15% of recent market prices. California indexes its weight tax for inflation. California and Colorado use actual price in certain non-related party sales. Canada taxes some products by THC content.
Taxes on medical range from zero to 100% of the recreational rate.
More at https://newrevenue.org/2018/06/06/cnr-recommends-cannabis-tax-chart/; https://itep.org/taxing-cannabis/. Corrections: po@newrevenue.orgor 919 619 8838. Updates and more info at www.newrevenue.org. More background on cannabis revenue at https://www.rand.org/pubs/research_reports/RR864.html (Chapters 4 and 5 and Appendix B).
The Center for New Revenue 