YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The marijuana excise tax in Massachusetts has exceeded that of alcohol for the first time.
Halfway through the state's fiscal year, marijuana excise taxes came in at $74.2 million. The state collected $51.3 million in alcohol excise taxes during the same time period.
"I think that people are looking for an alternative to make them feel better," said Mikayla Bell, community outreach manager for NETA, one of the largest cannabis retailers in the state. "Oftentimes people are turning to alcohol for relief. And now they found another product with without the hangover, without the calories."
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