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.

A Marijuana (Tax) High

Surprisingly successful although the rates are so high, marijuana taxes are creating healthier budgets in a growing number of states.

Marijuana Tax Problems

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