Rapid Reads News

HOMEcorporatetechentertainmentresearchmiscwellnessathletics

Proposal to raise state cannabis tax sprouts vendor unease


Proposal to raise state cannabis tax sprouts vendor unease

A state proposal could raise the tax on cannabis six percentage points in fiscal year 2027, a few years after the state legalized the substance for Marylanders 21 and older. Gov. Wes Moore announced a budget proposal this month, which includes the possibility of raising the tax from 9 percent to 15 percent. "It's going to slow things down. Slow down the progress the market's been making," Matthew Hersh, general manager of KIP Dispensary in Cockeysville, told WMAR.

Previous articleNext article

POPULAR CATEGORY

corporate

4508

tech

3917

entertainment

5643

research

2673

misc

5712

wellness

4629

athletics

5766