Cities In Missouri Will Vote On How High Weed Taxes Should Be
People would pay both an additional 3% tax locally and 6% state excise tax
Recreational marijuana sales in Missouri have been on a roll for over a month and on April 4, cities and counties will decide how to tax the adult-use weed sales locally.
In the first two days of recreational marijuana sales, Missouri dispensaries reported more than $8.5 million from recreational adult-use sales alone, according to the Missouri Department of Health and Senior Services.
Now, residents will get the chance to vote on whether cities like Kansas City, Raymore, Kearney, Belton and more can impose an additional 3% excise tax on top of current state and local sales taxes, similar to additional taxes on tobacco, alcohol and fuel.
If cities approve the 3% tax rate, people purchasing marijuana will be paying both an additional 3% tax at the local level and 6% state excise tax on recreational weed. The state taxes medical marijuana at a rate of 4%.
These excise taxes on marijuana products are in addition to the state’s general sales tax rate of 4.2%.
All of these taxes will add up. For example, if Kearney voters approve the added local 3% tax in April, those buying weed would pay more than 17% in sales taxes, according to Kearney’s city administrator Sheila Ernzen.
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