Tax & Accounting Blog

Washington Legislation Would Allow Marijuana Sales at Liquor Stores

Indirect Tax, Sales and Use Tax February 3, 2011

Washington Representative Mary Lou Dickerson has introduced HB 1550 which would allow for the sale (and taxation) of marijuana in state run liquor stores and also calls for the state to license growers. State Senator Margarita Prentice (D) says she will present a companion bill in the Senate. The bill provides in part:

“In addition to any required local sales tax, there is hereby a state tax imposed on the sale of cannabis. The state tax shall be set at a rate of fifteen percent per gram of cannabis sold within Washington to any member of the public over the age of twenty-one and to the Washington state liquor control board.