New reports suggest the Empire State could impose a potency tax which will elevate the prices - via TheGrowthOp Cannabis news
New York is reportedly the first state to tax cannabis this way, with many industry experts calling the plan overly complicated. “I mean, it’s great that we finally have marijuana legalization, but this THC-based tax is something that could create a lot of problems,”This advertisement has not loaded yet, but your article continues below.Castetter argues the complex plan could put a new industry in a tough spot since it’s just starting out, while also coping with COVID-19.
Still, not everyone is upset by New York’s new taxes. “It is an interesting approach,” cannabis law specialist Rob DiPisa told“Clearly New York is paying attention to the way that THC now drives the value and the growth in the industry. It may be the first, but I can see this becoming a trend in other states,” DiPisa suggests.
Others have said they think the tax could push cannabis workers to make strains and cannabis products that aren’t as reliant on THC, thereby providing other compounds with a better chance of success and showing people there’s much more to cannabis than a single, albeit popular, element.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
US Rep. Jeffries endorses Hochul in New York governor's race - New York Amsterdam NewsDemocratic U.S. Rep. Hakeem Jeffries is endorsing Kathy Hochul in the New York governor’s race.
Leer más »
Buffalo Bills, New York State Strike $1.4 Billion Stadium DealNew York officials said Monday that they would direct $850 million of public money to build a $1.4 billion stadium that will keep the National Football League’s Buffalo Bills in the state for the next 30 years
Leer más »
New York taxpayers to pick up $850M tab on new Buffalo Bills stadium, AP reportsState and county taxpayers will be asked to commit $850 million in public funds toward the construction of the Buffalo Bills’ new stadium, the Associated Press reports.
Leer más »
Phil Collins bids emotional farewell to fans at his final concert | New York PostMusic legend Phil Collins held his last concert ever amid his ongoing health issues. Collins was joined by Genesis bandmates Mike Rutherford and Tony Banks f...
Leer más »
Oscars 2022: Full list of winners - New York Amsterdam NewsHere is the full list of this year's Oscars winners.
Leer más »