
Alaska lawmakers are considering a proposal to lower the state tax on cannabis from a per-ounce tax to a sales tax, the Anchorage Daily News reports. Under the state law, enacted in 2014, cannabis is taxed at $50 an ounce. In fiscal year 2021, the state collected more than $30 million from cannabis taxes, the report says. However, according to a 2022 report from the Tax Policy Center of the Brookings Institution, when local taxes are included, Alaska taxes cannabis more than other states. In fiscal… Read more.