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Comptroller Issues Quarterly Report On Cannabis Revenues

June 28th, 2024 by WCBC Radio

Comptroller Brooke Lierman says that the State of Maryland has collected more than $14.6 million in adult-use cannabis sales tax revenue in the first quarter of 2024.  Cannabis and cannabis products are taxed at a rate of 9%, meaning the state’s sales for Q1 exceeded $160 million. Governor Moore reflected on the success of the first year of Maryland’s legalization of marijuana…