Bringing Citizens Together to End Cannabis Prohibition

What's taxed? How much?

A:

The Act envisions a simple and manageable taxing regime with a $2 per square foot cultivation tax, a $15 per ounce production tax paid, with a $10 reduction for certain small businesses for their first 500 pounds produced annually, a 10% state sales tax on edibles and concentrated extracts, a 5% state sales tax on all other cannabis and cannabis products, and a 5% tax for local governments on all cannabis and cannabis extracts. Medical cannabis will be exempt from the 10% tax on edibles and concentrated extracts and the 5% tax on other cannabis and cannabis products. Medical cannabis purchased by those eligible for Medi-Cal is exempt from the 10% tax on edibles and concentrated extracts, the 5% tax on other cannabis and cannabis products, the 5% cannabis tax for local governments and the state sales tax.


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Bringing Citizens Together to End Cannabis Prohibition

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