Wondering how you’ll be able to deal with the new 15% sales tax of cannabis come 2018? Wondering whether this hike in sales tax will be passed onto the consumer? Wondering if this price increase will affect the quality and quantity of cannabis you can afford to buy?
Well...you’re not the only one.
If you voted for Prop 64 then you voted for a 15% sales tax on cannabis. Pretty safe to say that the many voters were not aware of this. Sales tax is already high but I guess if we want recreational cannabis in the state of California then raising taxes is the only way we’re going to get it.
No use in crying over spilled milk. How do we approach this tax increase so we can continue to afford cannabis? It is most likely that dispensaries and collectives will be turning this increase over to their consumers. Based off the fact that it doesn’t make fiscal sense to eat the costs as a viable business, this increase will surely be seen in a higher retail price for cannabis or a straight forward charge of sales tax.
For most of us cannabis consumers, that will affect how often and how much cannabis we’ll be able to buy. This is concerning for medical marijuana users who rely on cannabis for relief and treatment of so many ailments. Luckily...we’ve found a loop hole!
Stay a patient and become tax exempt. That’s right. With the proper card issued by the health department you can become tax exempt from cannabis sales. And you don’t have to wait until 2018. Become tax exempt now. Here’s how:
Be interested. Be informed. Be active.