You are here

Home 🌿 Medical Cannabis News 🌿 Pro-Marijuana Group Warns Against "Excessive" Taxation in Massachusetts 🌿

Pro-Marijuana Group Warns Against "Excessive" Taxation in Massachusetts

Warning message

The subscription service is currently unavailable. Please try again later.
Submitted by Marijuana News on Wed, 03/18/2015 - 16:07

A group pushing for a 2016 ballot question on legalizing the recreational use of marijuana is warning against imposing excessive taxation or fees on the sale of pot.

Bay State Repeal on Wednesday released a statement saying it welcomes a bill filed by more than a dozen Massachusetts lawmakers that would allow marijuana to be taxed and regulated like alcohol. The bill also would let adults 21 years or older possess and grow limited amounts of marijuana.

But the pro-marijuana group says if taxes and fees are too high that will force up the cost of pot and help maintain a black market in the state. It says that could have the unintended consequence of giving minors the ability to continue obtaining marijuana illegally.

"A major aim of legalization is to limit access to minors by driving out the black market," the group said in its statement. "But inevitably, unlicensed...

Rate this article: 
Region: 
Massachusetts
United States

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.


URL: 
http://www.necn.com/news/business/Pro-Marijuana-Group-Warns-Against-Excessive-Taxation-in-Massachusetts-296774191.html

420 Intel is Your Source for Marijuana News

420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.

420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.

Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.

You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.