Tag Archives: research

AUMA 2016, Prop. 64: Marijuana tax and use of funds

Proposition 64 Section 7. MARIJUANA TAX.

This section sets the taxes on commercial marijuana production and organizes its distribution and oversight, including: Excise tax of 15% on retail cost, Production tax $9.25 per ounce of flowers or $2.75 per ounce of leaf, Assessment of taxes, Inspections and accounting, Review, California Marijuana Tax Fund, Disbursements, Community grants, Youth programs and job creation   Continue reading AUMA 2016, Prop. 64: Marijuana tax and use of funds