Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

US: At least 4 states look to increase taxes on cannabis products

Governors in at least four U.S. states are proposing significant tax increases for legal marijuana products.

In Maine, Maryland, Michigan and Ohio, bipartisan governors are floating tax hikes within their state cannabis programs—a trend that raises questions about balancing revenue goals with the need to bring consumers into the legal marketplace.

In Maine, Gov. Janet Mills (D) put forward a budget request late last month that would increase the sales tax on marijuana by 40 percent, raising it from 10 percent to 14 percent beginning January 1, 2026.

The governor's office estimates that the tax rate change would generate almost $4.2 million in additional revenue in the 2026 fiscal year and $11.5 million in the next fiscal year.

Read more at Marijuana Moment