this post was submitted on 12 Sep 2024
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Indiana

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Indiana Democratic candidate for governor releases plan for legalizing marijuana (www.wthr.com)
submitted 1 week ago by jared@mander.xyz to c/indiana@midwest.social
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[–] FlyingSquid@lemmy.world 2 points 1 week ago

Meanwhile, Mike Braun's plan is for all of the states around us to collect that tax money instead.

[–] seahorse@midwest.social 1 points 1 week ago (1 children)

Next door in Ohio we taxed the shit out of our weed and now nobody is buying any. We just go up to Michigan for it.

[–] timbuck2themoon@sh.itjust.works 1 points 1 week ago (2 children)

That is absolutely not even close to the truth. Why lie?

https://www.cincinnati.com/story/news/2024/09/09/ohio-recreational-marijuana-sales-top-50-million-in-first-month/75103355007/

Recreational marijuana sales in Ohio surpassed $50 million in the month since adults could start buying cannabis, according to new state data.

Direct link to the data- https://dam.assets.ohio.gov/image/upload/com.ohio.gov/DCC/DCC_Historical_Sales_Data.pdf

[–] Bob_Robertson_IX@discuss.tchncs.de 2 points 6 days ago

Not just that, but the taxes are actually lower in Ohio (15.75%) than Michigan (16%). Both have a 10% cannabis tax, but Ohio has a slightly lower sales tax.

Both are significantly lower than Illinois though.

[–] seahorse@midwest.social 2 points 1 week ago (1 children)

Thank you for the correction. I'm just going on what those around me have been saying. It is very expensive though.

[–] timbuck2themoon@sh.itjust.works 1 points 6 days ago

That I will definitely give you. From what I hear about MI (and someone correct me if I'm wrong) they were basically the same way and then prices fell as more competition came in, crop went up, etc. etc. Time will tell.