marijuana sales tax

Marijuana sales tax is a government levy added to the purchase price of legal cannabis products. It funds public services and regulatory enforcement, and rates can vary by location. For example, if a product costs $50 and the tax rate is 15%, an additional $7.50 is added, making the total $57.50. The tax is typically paid at the point of sale and collected by licensed retailers. The specific rate and structure depend on local or state laws, and some jurisdictions may have multiple layers of tax, such as excise, sales, or local taxes.