Washington State to Start Selling Pot in June
Washington State Liquor Board has received a total of 7,046 applications, with 2,206 for retail which they will limit to 334.
The cannabis will be priced at $3 per gram for producers, $6 for processors and a pre-tax $12 per gram for retailers. “The board anticipates tax revenue of up to $2 billion during the first five years as a result of a 25% tax on each level. That’s right, ultimately this cannabis will have been taxed 75% by the time it reaches the customer.”
The cannabis will be priced at $3 per gram for producers, $6 for processors and a pre-tax $12 per gram for retailers. “The board anticipates tax revenue of up to $2 billion during the first five years as a result of a 25% tax on each level. That’s right, ultimately this cannabis will have been taxed 75% by the time it reaches the customer.”
