State of Alaska proposes changes to marijuana taxes

Published: Jul. 2, 2018 at 2:51 PM AKDT
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The state of Alaska is proposing changes to the way it taxes parts of the marijuana plant, a move intended to address enforcement and industry concerns.

The current tax is $50 an ounce for any part of the bud and flower and $15 an ounce for the rest of the plant. The tax, paid by growers, is imposed when marijuana is sold or transferred from a growing facility to a retail store or product manufacturing facility.

The Department of Revenue is proposing new bud categories. It proposes taxing mature bud at $50 an ounce and immature or abnormal buds at $25 an ounce. The remainder of the plant would remain taxed at $15 an ounce.

The department is taking public comments on the proposed changes until Aug. 10.