Washington Lawmakers Propose Higher Tax For High-Potency Cannabis
Washington state legislators are contemplating a new "dank tax" for cannabis products based on the percentage of THC in those items. As first reported by High Times , lawmakers want to institute this new tiered sales taxation system to help prevent what they characterize as a quickly developing "crisis" in the world of highly concentrated THC products. In an interview with station KXLY , Washington state House Rep. Lauren Davis, one of the bill's sponsors, said, "Research indicates that between 12% and 50% of psychotic disorders could be prevented if high potency cannabis products were not available. If we fail to act now to counter the emerging public health crisis created by high-potency cannabis products, we will soon have another epidemic on our hands." House Bill 1641 would adjust the current taxation model as follows: Cannabis items containing a THC concentration of less than 35% would be taxed at the current 37% sales tax rate. Items with a TH...