Taxes on hashish gross sales in Connecticut are more likely to go down this yr as state legislators contemplate changing the state’s potency-based excise tax with a flat price tax. And lawmakers say these decrease costs might assist the state compete with the market in Massachusetts.
In the meantime, north of the border, Massachusetts legislators unanimously handed a invoice that may double the authorized quantity of hashish flower an individual can purchase at one time to 2 ounces, double the restrict in Connecticut.
Lawmakers in Connecticut say they’re keenly conscious that many hashish prospects cross state borders for his or her hashish wants. With hashish remaining unlawful on a federal stage, states have created their very own regulatory buildings that may considerably influence the success of hashish companies — and the ensuing tax income.
“You would say we’re in an arms race. Actually,” mentioned state Rep. David Rutigliano, R-Trumbull. “Massachusetts has much more retailers, far much less taxes. They did issues loads otherwise than we did right here in Connecticut.”
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