25
submitted 6 days ago by jared@mander.xyz to c/indiana@midwest.social
you are viewing a single comment's thread
view the rest of the comments
[-] seahorse@midwest.social 1 points 6 days ago

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 6 days ago

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

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 6 days ago

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 5 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.

this post was submitted on 12 Sep 2024
25 points (96.3% liked)

Indiana

0 readers
1 users here now

founded 2 years ago