“Cannabis consumers are not ATMs. As lawmakers continue to push marijuana prices artificially higher, many consumers will exit the legal market — resulting in lower overall tax revenue and weakening the legal, regulated marketplace.”
Tag: tax hikes
“Marylanders already pay a premium tax on retail cannabis products. Raising these taxes even higher will undoubtedly drive prices out of reach for some consumers. They will also hurt state-licensed businesses, many of which have already invested millions of dollars in up-front costs and are still struggling to break even.”