California

California Moves Forward With Higher Marijuana Excise Tax

The cost of legal weed will increase starting July 1. Sellers say the higher price will drive more customers to the black market.
California Moves Forward With Higher Marijuana Excise Tax
A customer buys cannabis products at a store in West Hollywood, Calif., on Jan. 2, 2018. David McNew/Getty Images
Jill McLaughlin
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Buying legal weed and marijuana products in California will get slightly more expensive starting July 1 after state legislators failed to stop a state excise tax increase on the industry this month.

Effective Tuesday, marijuana retailers will pay 19 percent of gross receipts from cannabis and cannabis product sales—a jump of 4 percentage points.

Jill McLaughlin
Jill McLaughlin
Author
Jill McLaughlin is an award-winning journalist covering politics, environment, and statewide issues. She has been a reporter and editor for newspapers in Oregon, Nevada, and New Mexico. Jill was born in Yosemite National Park and enjoys the majestic outdoors, traveling, golfing, and hiking.