{"id":17468,"date":"2017-07-03T02:30:56","date_gmt":"2017-07-03T10:30:56","guid":{"rendered":"http:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/07\/03\/chart-fears-may-be-overblown-about-impact-of-proposed-tax-hike-on-massachusetts-rec-cannabis-sales\/"},"modified":"2017-07-03T12:43:15","modified_gmt":"2017-07-03T20:43:15","slug":"chart-fears-may-be-overblown-about-impact-of-proposed-tax-hike-on-massachusetts-rec-cannabis-sales","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/07\/03\/chart-fears-may-be-overblown-about-impact-of-proposed-tax-hike-on-massachusetts-rec-cannabis-sales\/","title":{"rendered":"Chart: Fears may be overblown about impact of proposed tax hike on Massachusetts rec cannabis sales"},"content":{"rendered":"<\/p>\n<p><strong>By Eli McVey<\/strong><\/p>\n<p>As Massachusetts lawmakers debate a compromise to the adult-use marijuana law voters passed last November, industry observers are concerned the proposed bill \u2013 and a potential doubling of the tax rate on recreational cannabis \u2013 may weaken consumer demand for legal MJ and in turn bolster the state\u2019s black market.<span id=\"more-70168\" \/><\/p>\n<p>But data from existing adult-use states suggests such fears may be overblown. Moreover, it appears a tax increase would actually align Massachusetts with other U.S. adult-use markets.<\/p>\n<p><em>Marijuana Business Daily<\/em>\u00a0conducted an analysis of Massachusetts\u2019 effective tax rate, including all applicable wholesale, excise and state-level sales tariffs<\/p>\n<p> &#8230;<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/mjbizdaily.com\/chart-giving-context-proposed-tax-hike-massachusetts-rec-market\/\">Chart: Fears may be overblown about impact of proposed tax hike on Massachusetts rec cannabis sales<\/a> is a post from: <a href=\"http:\/\/mjbizdaily.com\">Marijuana Business Daily: Financial, Legal &amp; Cannabusiness news for cannabis entrepreneurs<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nRead More: <a href=\"https:\/\/mjbizdaily.com\/chart-giving-context-proposed-tax-hike-massachusetts-rec-market\/\" target=\"_blank\">Chart: Fears may be overblown about impact of proposed tax hike on Massachusetts rec cannabis sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Eli McVey As Massachusetts lawmakers debate a compromise to the adult-use marijuana law voters passed last November, industry observers are concerned the proposed bill \u2013 and a potential doubling of the tax rate on recreational cannabis \u2013 may weaken consumer demand for legal MJ and in turn bolster the<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/07\/03\/chart-fears-may-be-overblown-about-impact-of-proposed-tax-hike-on-massachusetts-rec-cannabis-sales\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[18,245,501,360,502,6,247,503],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/17468"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=17468"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/17468\/revisions"}],"predecessor-version":[{"id":17469,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/17468\/revisions\/17469"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=17468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=17468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=17468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}