BudAndCashImageEdAndreiskiAPViaGreenState

How much will cannabis cost under California’s legal marijuana taxes?

The ratings agency Fitch estimates that, when you add up the multiple layers of taxes, prices could go up 45 percent in some parts of the state starting Jan. 1.

Legal cannabis buyers in California will pay about eight dollars more for their usual $50 eighth-ounce of top-shelf flowers, under California’s new marijuana taxes which begin Jan. 1, 2018.

Whether you’re buying recreational or medicinal cannabis, the exact final price depends on your store’s local sales taxes and whether it raises prices to match new costs in the supply chain.

Here’s a projection for the final tab on $50 eighth-ounce of flowers at popular dispensaries.

Read More at GreenState.com 



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