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Marylanders have been buying cannabis since it became legal on July 1, 2023, with a sales tax rate of 9%. Following a new report from Comptroller Brooke Lierman, WTOP knows where people are buying it the most.
Central Maryland has the largest number of dispensaries and that’s where the most money from the sales tax on cannabis is coming in, according to a report by the Baltimore Banner.
The region has 50 of the state’s 96 licensed dispensaries and includes Anne Arundel, Howard, Carroll, Harford and Baltimore counties, as well as Baltimore City.
“Maryland interestingly set a pretty low tax rate. And one of the reasons why they did that was to make sure people would buy legally at dispensaries,” Pamela Wood, Maryland politics and government reporter for the Baltimore Banner, told WTOP.
The tax does not apply to Marylanders who hold medical marijuana cards.
According to the new report from Lierman, the state has collected $5.49 million from those areas out of the more than $12 million in cannabis taxes collected statewide from July through September.
Customers in Montgomery and Prince George’s counties came in second at just over $3 million and with a total of 26 dispensaries. About $1.5 million in taxes came from Western Maryland by the Eastern Shore with $1.27 million and Southern Maryland with $786,000.
Click here for full story from WTOP
