Cannabis retailers hit hard in Cuomo’s tax idea

//Cannabis retailers hit hard in Cuomo’s tax idea

Cannabis retailers hit hard in Cuomo’s tax idea

Sooner or later, it was sure to be part of the conversation. As Gov. Andrew Cuomo continued his push in January to legalize cannabis for recreational adult use, he outlined a three-tier structure on how the drug would be taxed. “We have to do it in a way that creates an economic opportunity for poor communities,” Cuomo said. Cannabis is typically taxed based on weight, price or potency. States where legalized programs have been introduced have used the influx of money from taxes to pay for…

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By | 2019-02-18T20:24:00+00:00 February 18th, 2019|Economics|

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