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Marylanders paid $12M in cannabis taxes in first 3 months of recreational sales

December 21, 2023

In the first three months that people could legally buy cannabis in Maryland, customers paid more than $12 million in taxes to the state government. Customers buying recreational cannabis pay a 9% point-of-sale tax on all flower, edibles, tinctures and other cannabis products, with the money parceled out to a variety of programs. A new report from Comptroller Brooke Lierman, a Democrat, lays out how the money is coming into the state and where it’s going. Lierman plans to issue reports every three months.

 

Article Source: The Baltimore Banner

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