As you know, each year more states legalize recreational cannabis. A recent Marijuana Business Daily article looked at the effect recreational cannabis has had on state’s pre-existing medical marijuana markets. According to the chart, which includes Colorado, Oregon, Massachusetts, and Nevada, there’s a clear decline in the market after the legalization of recreational. The main contributor seems to be the difference in tax. Medical customers pay the standard tax rate, while recreational customers pay taxes ranging from 10% to 17%.
Quick Hits: Recreational vs. Medical Cannabis in States That Have Both
Here’s a look at how the legalization of recreational cannabis has affected pre-existing medical marijuana markets.
Nov 8, 2019
Researched List: Blister Machines for Life Sciences
Need a blister machine for life sciences packaging? Our curated list features companies serving pharmaceutical, medical device, nutraceutical, and cosmetic industries. Download to access company names, locations, machine specifications, descriptions, and more.
Download Now
Break out of the ordinary: see what’s new in life sciences packaging
At PACK EXPO Las Vegas, you’ll see machinery in action and new tech from 2,300 suppliers, collaborate with experts and explore transformative solutions. Join us this month to experience a breakthrough for life sciences products.
REGISTER NOW!
