The Impact of High Marijuana Taxes

Federally legalizing marijuana involves complexities that range from decriminalization to the impact of new taxes on businesses and states.

The Lid on the Pot Industry

While states find it’s tough to predict marijuana tax revenue, they can assume that higher rates will nudge consumers toward black markets.

Marijuana Tax Problems

Creating perverse tax incentives, tax section 280E stops legal marijuana businesses from taking deductions because it is a federally controlled substance.