Cannabis
Related: About this forumBlack market will thrive if NJ puts $42-an-ounce tax on legal weed
By John Crudele February 20, 2019 | 10:05pm
I hate to poop on New Jerseys pot party, but I have a question: Why would anyone buy legal marijuana when the state is planning to place a $42-an-ounce tax on the stuff?
You probably heard that Jersey is about to legalize marijuana so that adults can buy it for recreational use. Itll be just like booze, which anyone over 21 in the state can purchase. Only difference is that New Jersey doesnt tax liquor as onerously as it will pot.
Theres a 12-cents-a-gallon tax on beer in Jersey and 85.7 cents a gallon on wine. Hard liquor is taxed at $5.50 a gallon.
https://nypost.com/2019/02/20/black-market-will-thrive-if-nj-puts-42-an-ounce-tax-on-legal-weed/
California_Republic
(1,826 posts)I think thats happening in California too.
Strong controls on the new legal Cannabis stores but no worries for the existing illegal market
workinclasszero
(28,270 posts)42 bucks an ounce is insane!
They sure as hell don't tax alcohol that much.
earthshine
(1,642 posts)woofless
(2,670 posts)Nowhere near that here in heavily taxed Wa state.
earthshine
(1,642 posts)Great place to live if you like weed and cold weather.
bluedigger
(17,145 posts)It might not be Top Shelf, but it's weed. Are they giving it away up there?
earthshine
(1,642 posts)bluedigger
(17,145 posts)$75/100/150/200 would be typical, I guess. The cheap stuff probably has been on the shelf for a while and/or tested below 15% THC. I can't really tell you about the whole state, though, as I don't travel much, and grow my own, anyways. We have about 6 dispensaries in Cortez, because we are the only legal corner in the Four Corners, and I see the ads in the storefronts when I go into town.
I really like one and am not bothered by the other. 🤔
CrispyQ
(38,166 posts)workinclasszero
(28,270 posts)Why that is NJ's goal is beyond me.
CrispyQ
(38,166 posts)Come visit Colorado! Spring time in the Rockies is something to behold!
workinclasszero
(28,270 posts)outrageous taxes too?
GWC58
(2,678 posts)the capital to do so. Unfortunately I dont, so a visit to Colorado is more than unlikely; its a definite not happening. Id love to visit Nevada, too. Likewise that aint happening. Too bad! 🥺😨😡
CrispyQ
(38,166 posts)I'm lucky I live here & have beautiful trails just 10 minutes away!
GWC58
(2,678 posts)Primo Grade A Cannabis. Im not so lucky! Unfortunately, for me, that is, this state is a follower state and never, ever, ever, never leads. As Ive said before it wouldnt surprise me, in the least, if Maryland is the very last mid Atlantic state to legalize Adult Use Cannabis sales. Its nothing personal against Maryland, its just how this state rolls. Well, maybe, a little personal. 😕😡
JuJuYoshida
(2,253 posts)workinclasszero
(28,270 posts)What a crock of shit eh?
Capitalism strikes again!
bluedigger
(17,145 posts)Boozers get all the breaks.
safeinOhio
(33,999 posts)The law of diminishing returns states that in all productive processes, adding more of one factor of production, while holding all others constant ("ceteris paribus" , will at some point yield lower incremental per-unit returns.[1] The law of diminishing returns does not imply that adding more of a factor will decrease the total production, a condition known as negative returns, though in fact this is common.
GWC58
(2,678 posts)I believe, the taxes will come down. At this point Ill pay the taxes on NJ cannabis if/WHEN I go there. 🤔🥴