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Ticker: Pot taxes outpace booze in Massachusetts; Weber Grills apologizes for ill-timed meatloaf recipe
4 monthes ago | By Boston Herald
Excise taxes for marijuana sold for adult recreational use exceeded alcohol excise taxes for the first time in Massachusetts, reflecting growing marijuana sales that reached $2.54 billion, according to the Cannabis Control Commission.
Massachusetts collected $74.2 million in marijuana excise tax through December 2021 - halfway through the fiscal year - compared to $51.3 million in alcohol excise taxes, WCVB-TV reported.
The excise tax of 10.75% on recreational cannabis is part of the total tax revenue. There is also a 6.25% state sales tax, plus a local tax of up to 3%. It all added up to...
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