Maryland’s cannabis tax is increasing from 9 percent to 12 percent starting Tuesday, July 1, which also marks two years since dispensaries began selling adult-use cannabis in 2023.
State lawmakers decided on the tax hike a few months ago during a challenging budget season, which also saw the state raise overall taxes and fees by about $1.6 billion, along with another $1.5 billion in spending cuts.
The tax hike has created concerns among vendors about potential impacts, both on customers and the legal cannabis market…