A High Tax State – New York’s Potency Tax on Adult-Use Cannabis
The Blunt Truth
APRIL 22, 2021
The Governor’s office estimates that legalization could create 30,000 to 60,000 new jobs and the tax collections from the adult-use cannabis program could reach $350 million annually. per milligram; (2) concentrated cannabis at eight-tenths of one cent (0.8) per milligram; and. (3) 3) cannabis edible product at three cents (3.0)
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