By Bealum, Ngaio Sacramento News & Review, 25 Feb 2016 – Last week, you mentioned a new tax on medical marijuana. Can you give me some more details? – -John Q. Publique I can indeed. Senate Bill 987, introduced by Sen. Mike McGuire, D-Healdsburg, imposes a 15 percent excise tax on marijuana which will be imposed on the purchaser at the retail level. This is in addition to the taxes that many cities and counties already place on the purchase of medicinal marijuana, making the effective rate 25 percent in some jurisdictions. Cannabis advocacy groups Americans for Safe Access and California NORML oppose this bill.
To continue reading this story, visit our friend’s website (opens in a new window):: US CA: Column: Medicinal Taxation