Alaska’s recreational marijuana taxes are the highest in the country, and New Jersey’s are the lowest.
That’s according to Richard Auxier and Nikhita Airi, the authors of the Urban-Brookings Tax Policy Center’s September report, “The Pros and Cons of Cannabis Taxes.”
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But it’s a tough comparison to make. No two states where adult-use marijuana is legal approach cannabis taxes the same way.
“Every state is a special and unique flower,” Auxier, senior policy analyst for the Tax Policy Center, told MJBizDaily.
From excise taxes to weight-based taxes to potency taxes to wholesale taxes and their respective rates, those discrepancies can make it difficult to compare adult-use marijuana taxes across the United States.
Such a patchwork can also complicate tax planning for cannabis businesses with aspirations to expand to multiple states.
That’s why Auxier and Research Analyst Nikhita Airi took a creative approach to examining marijuana taxes in
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