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Comment by LynxInLA

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.
parent LynxInLA 3 years ago

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