Our state taxes are also only 15% for recreational cannabis, which is half of the marijuana tax rate in some places of Los Angeles plus the San Francisco Bay Area
I’m scared of seeing out of control weed taxation happening in states savor California. Once heralded as the mecca for American cannabis, the new market in the Golden State leaves a lot to be desired for both suppliers plus shoppers alike. Somewhere around 90% of the Los Angeles cannabis industry operates in the gray market, with some lacking any kind of licensing whatsoever. The rules, prices, plus lack of availability on legal cannabis licenses forces some corporation owners to operate illegally while following the other regulations built into the law that oversees this industry. You can’t be 100% sure that a business is following the typical lab testing requirements if they’re skirting the rest of the law at the same time. It doesn’t exactly set a nice precedent when your business is working illegitimately. I just don’t see that level of weed corruption here in MI. It’s relatively simple to get a legal marijuana corporation license here in the Great Lakes State compared to California. Our state taxes are also only 15% for recreational cannabis, which is half of the marijuana tax rate in some places of Los Angeles plus the San Francisco Bay Area. In fact, there are so many cannabis stores around Ann Arbor plus the rest of MI that we’re seeing prices go down drastically. I was going to see this amazing cannabis store on Packard St for years however the prices for an eighth of an ounce of cannabis flower buds used to be $68 after paying the state recreational cannabis taxes. Now I can get the same products for half that price after costs dropped recently.