{"id":2637,"date":"2020-02-23T16:59:00","date_gmt":"2020-02-23T16:59:00","guid":{"rendered":"http:\/\/www.martincassidy.com\/wordpress\/?p=2637"},"modified":"2020-02-23T16:59:00","modified_gmt":"2020-02-23T16:59:00","slug":"pot-prices-and-taxes","status":"publish","type":"post","link":"http:\/\/www.martincassidy.com\/wordpress\/?p=2637","title":{"rendered":"Pot prices and taxes"},"content":{"rendered":"\n<p>People complain about the high prices for legal marijuana in California, usually blaming high taxes. Besides the fact that CA&#8217;s taxes are roughly in the middle of legal states, have you ever heard that CA has lowered taxes on anything? CA&#8217;s problem is extremely high licensing, permitting, and other start-up costs, not taxes.<\/p>\n\n\n\n<p>I don&#8217;t see a relationship between a state&#8217;s tax rates and the prices paid:<\/p>\n\n\n\n<table class=\"wp-block-table\"><tbody><tr><td>State<\/td><td>Excise tax (%)<\/td><td>Sales tax(%)<\/td><td>Price (3.5g flower)<\/td><\/tr><tr><td>AK<\/td><td>25<\/td><td>0<\/td><td>60<\/td><\/tr><tr><td>WA<\/td><td>37<\/td><td>6.5<\/td><td>30<\/td><\/tr><tr><td>OR<\/td><td>0<\/td><td>17<\/td><td>30<\/td><\/tr><tr><td>CA<\/td><td>15<\/td><td>7.25<\/td><td>50<\/td><\/tr><tr><td>NV<\/td><td>10<\/td><td>6.85<\/td><td>47<\/td><\/tr><tr><td>CO<\/td><td>15<\/td><td>2.9<\/td><td>40<\/td><\/tr><tr><td>MI<\/td><td>10<\/td><td>6<\/td><td>55<\/td><\/tr><tr><td>IL<\/td><td>17<\/td><td>6.5<\/td><td>56<\/td><\/tr><tr><td>MA<\/td><td>10.75<\/td><td>6.25<\/td><td>52<\/td><\/tr><tr><td>Maine<\/td><td>16<\/td><td>10<\/td><td>No market<\/td><\/tr><tr><td>Vermont<\/td><td>0<\/td><td>0<\/td><td>No market<\/td><\/tr><tr><\/tr><tr><td>AZ<\/td><td>6.6<\/td><td>0<\/td><td>40<\/td><\/tr><tr><td>OK<\/td><td>7<\/td><td>9<\/td><td>50<\/td><\/tr><\/tbody><\/table>\n\n\n\n<p>Almost all states allow localities to add 2-3% in sales tax to marijuana, and most do.<\/p>\n\n\n\n<p>New markets always start out high.<\/p>\n\n\n\n<p>AZ and OK are large medical only markets.<\/p>\n\n\n\n<p>Prices are my estimates of the &#8220;typical&#8221; price for medium and better quality flower. Some states permit discounts and specials (&#8220;wisdom&#8221;, veterans, new customers, etc).<\/p>\n\n\n\n<p>High rent places (ie San Francisco, Las Vegas) can show <em>much<\/em> higher prices.<\/p>\n\n\n\n<p> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>People complain about the high prices for legal marijuana in California, usually blaming high taxes. Besides the fact that CA&#8217;s taxes are roughly in the middle of legal states, have you ever heard that CA has lowered taxes on anything? CA&#8217;s problem is extremely high licensing, permitting, and other start-up costs, not taxes. I don&#8217;t [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2637","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/www.martincassidy.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/2637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.martincassidy.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.martincassidy.com\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.martincassidy.com\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.martincassidy.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2637"}],"version-history":[{"count":2,"href":"http:\/\/www.martincassidy.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/2637\/revisions"}],"predecessor-version":[{"id":2639,"href":"http:\/\/www.martincassidy.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/2637\/revisions\/2639"}],"wp:attachment":[{"href":"http:\/\/www.martincassidy.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.martincassidy.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2637"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.martincassidy.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}