|
|
|
|
|
|
by LynxInLA
1138 days ago
|
|
|
Typically, tax rates are much higher on cannabis than regular sales tax. In many states, it is even taxed twice; once when the retailer purchases it from a distributor, and again when the consumer purchases it from the retailer. Some laws have changed, but, in prior years, this could lead to an effective tax rate of around 40% in states like California. |
|
|