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Some cannabis retailers say price hikes from new 24% tax won’t hit customers for now
Summary by The Oakland Press
1 Articles
1 Articles
Some cannabis retailers say price hikes from new 24% tax won’t hit customers for now
While marijuana retailers are now paying more to stock their shelves, an Oakland County shop owner is among those maintaining prices for products purchased before the state’s new 24% wholesale tax was enacted on New Year’s Day. Jerry Millen, owner of The Greenhouse in Walled Lake, said if cannabis retailers are citing the new tax to justify upping their prices already — on inventory they purchased prior to New Year’s Day — it’s not a sound argu…
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