New York Potency Tax Could Drive Prices as High as $70 an Eighth

Ganjapreneur
By TG BranfaltMar 25, 2022, 3:00 pm205 pts
New York’s adult-use cannabis law includes a potency tax, which, in addition to the state’s sales and local taxes, could drive the price per eighth as high as $70, Syracuse.com reports. The law taxes distributors half a cent per milligram of the amount of total THC for flower, eight-tenths of one cent per…

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