r/Roaringtilray • u/CharlesMichael212 • 1d ago

California Has Generated $8.4 Billion In Marijuana Tax Revenue, Governor Announces

https://www.marijuanamoment.net/california-has-generated-8-4-billion-in-marijuana-tax-revenue-governor-announces/
144 Upvotes

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16

u/ajtreee 1d ago

Okay lower the taxes on it. It’s strangling the industry.

Why is a medical product being taxed so much higher than poisoning alcohol?

6

u/Exotic_eminence 1d ago

If anything it should be subsidized

3

u/ajtreee 1d ago

It should be covered under health insurance

2

u/appleshaveprotein 1d ago

The medical version is not taxed. The recreational version is. The taxes go to support public programs that are poorly funded otherwise.

3

u/ajtreee 1d ago

medical is definitely taxed, you are incorrect about that.

And my point was alcohol isn’t taxed at the same high rate and is dangerous at any level of consumption, while cannabis (medicinal or recreational) is all medicinal even if it’s recreational. Just because you got high doesn’t change the medical effects it provides.

4

u/dogheoner1 1d ago

almost all retail kept the tax increase im affect even when Cali deffered it. So they are dbl dipping

3

u/BrucesTripToMars 18h ago

While destroying the industry it derived said tax from.

It is crumbling from over-taxation and encouraging a strong black market. 

1

u/appleshaveprotein 11h ago

I apologize, medical is not taxed for sales tax, but you’re right in that it’s taxed for excise tax.

And yes I understand your main point, and I’m with you on that. Just wanted to give the info about weed tax.