cannabis tax policy

Cannabis tax policy involves applying specific taxes to the sale of cannabis products to generate revenue and regulate the market. Typically, taxes can be per ounce, percentage of the price, or a combination of both. These revenues help fund public health, safety, and infrastructure programs. Tax rates vary by jurisdiction and can influence consumer prices, market size, and legal compliance. Well-designed policies aim to balance generating revenue, reducing illegal sales, and preventing abuse, while ensuring safe access for adults in regulated markets.