A tax on medical marijuana is now on it’s way to the governor’s desk after passing out of the House Tuesday morning.
The proposed tax on gross sales would start out at 4 percent in July and drop down to 2 percent a year later, funding state regulation over the industry.
Caferro says the new state regulations on the drug will include seed-to-sale tracking of all medical marijuana, meaning the state will be able to see who grows what plant and which patients buy it. The regulations also call for lab testing for the drug, and inspections of providers’ shops.
Source: Medical Marijuana Tax, Tracking Bill Awaits Governor’s Signature | MTPR
