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re: Colorado Sees Marijuana Prices Soar After Legalization

Posted on 1/4/14 at 6:38 pm to
Posted by CaptainJ47
Gonzales
Member since Nov 2007
7364 posts
Posted on 1/4/14 at 6:38 pm to
What is the taxation of this stuff? Is it a % of the cost or is it a flat amount?
Posted by northshorebamaman
Cochise County AZ
Member since Jul 2009
35525 posts
Posted on 1/4/14 at 6:41 pm to
WA state- " The initiative applies a 25% excise tax on each level of the system: producer to a processor, processor to a retailer, and retailer to the customer. In addition, B&O taxes on the production and local retail sales taxes apply."
This post was edited on 1/4/14 at 6:48 pm
Posted by wish i was tebow
The Golf Board
Member since Feb 2009
46121 posts
Posted on 1/4/14 at 6:43 pm to
quote:

What is the taxation of this stuff? Is it a % of the cost or is it a flat amount?



ON the receipt the guy took pic of that was posted here and elsewhere it was like 20%
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