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.
– Read the entire article at The Baltimore Banner.
