How is medical marijuana taxed differently than recreational marijuana?

In California, marijuana grown for medical use is taxed differently than marijuana for recreational use. Medical marijuana is subject to an excise tax, which is calculated based on the average market rate of the drug, and a state sales tax. These taxes are imposed on the buyer, so the cost is included in the purchase price. Recreational marijuana, on the other hand, is subject to a retail excise tax of 15%. This tax is imposed on the person who sells the marijuana, and the cost is passed on to the consumer. Additionally, recreational marijuana sales are also subject to California’s regular sales and use tax rate, which is calculated based on the location of the sale. The taxes for both types of marijuana are collected by the state and used for a variety of purposes, including funding public programs, healthcare, and education. These taxes help the state to generate much needed revenue from marijuana sales, and help to offset the costs associated with enforcement and regulation.

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How is medical marijuana taxed differently than recreational marijuana?

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