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muriel_volestrangler

(105,572 posts)
10. Now you mention it: "High just got higher: Trump tariffs to raise prices for US cannabis users"
Fri Apr 4, 2025, 10:55 AM
Apr 2025
Sweeping tariffs imposed by U.S. President Donald Trump on Wednesday are set to increase prices of cannabis products in the country, as many firms rely on Asia for manufacturing. The latest levies will stack up on any duties imposed earlier on countries like China, Canada, Mexico and the EU.

Items such as tins, vape hardware and specialized glass remain difficult to source domestically, and companies remain largely dependent on Asia particularly China, analysts and executives said.
...
Most of these tariff costs will be passed to consumers. The higher costs will likely drive more consumers to the illicit market, further denting margins for legal cannabis firms.

"Most cannabis businesses don't have the margin flexibility to absorb a 10%-15% increase," said Mike Forenza, managing partner at AE Global, which makes packaging products for cannabis firms.

https://eu.usatoday.com/story/news/local/new-jersey/marijuana/2025/04/04/weed-tariffs-coming-after-donald-trump-liberation-day-announcement/82852566007/

Recommendations

1 members have recommended this reply (displayed in chronological order):

Anyone know what the tariff on weed is? [View all] SocialDemocrat61 Apr 2025 OP
I'm pretty sure it doesn't matter... Wounded Bear Apr 2025 #1
Did you really think SocialDemocrat61 Apr 2025 #3
Hard to tell these days... Wounded Bear Apr 2025 #7
So the picture SocialDemocrat61 Apr 2025 #13
Luckily for Canadians, they do not need to import Bev54 Apr 2025 #2
Lol Faux pas Apr 2025 #4
Well the sales tax in AZ is 25% Mosby Apr 2025 #5
Treetop Flyer. 😎 IrishBubbaLiberal Apr 2025 #6
Another version TREETOP FLYER, Stephen Stills. 😎 IrishBubbaLiberal Apr 2025 #8
The cannabis itself, no. Related hardware, yes. Eugene Apr 2025 #9
Now you mention it: "High just got higher: Trump tariffs to raise prices for US cannabis users" muriel_volestrangler Apr 2025 #10
Weed has to be grown in the state it is sold. Gore1FL Apr 2025 #11
Ah Dude! don't go... ButchMcMuffin Apr 2025 #12
I think they are giving it away. multigraincracker Apr 2025 #14
Why hasn't he fired the DEA? Just askin' rickyhall Apr 2025 #15
LOL-thanks. jalan48 Apr 2025 #16
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