{"id":37823,"date":"2018-10-31T14:27:00","date_gmt":"2018-10-31T22:27:00","guid":{"rendered":"https:\/\/www.juneauempire.com\/news\/new-alaska-marijuana-tax-rate-could-benefit-fans-of-edibles\/"},"modified":"2018-10-31T14:27:00","modified_gmt":"2018-10-31T22:27:00","slug":"new-alaska-marijuana-tax-rate-could-benefit-fans-of-edibles","status":"publish","type":"post","link":"https:\/\/www.juneauempire.com\/home\/new-alaska-marijuana-tax-rate-could-benefit-fans-of-edibles\/","title":{"rendered":"New Alaska marijuana tax rate could benefit fans of edibles"},"content":{"rendered":"<p>Fans of marijuana edibles may have something to cheer in a new tax regulation.<\/p>\n<p>On Wednesday, the Alaska Department of Revenue and the Alaska Alcohol and Marijuana Control Office confirmed that starting Jan. 1, immature, malformed or seedy marijuana bud will be taxed at $25 per ounce.<\/p>\n<p>Ordinarily, marijuana bud or flower is taxed at $50 per ounce, and other plant parts are taxed at $15 per ounce. Taxes are paid wholesale, when plants are sold from grower to retailer or manufacturer.<\/p>\n<p>Abnormal bud isn&rsquo;t attractive to buyers who smoke their marijuana, but it can still serve as the raw material for concentrates used in manufactured marijuana products. At $50 per ounce, abnormal bud was too expensive for manufacturers to consider, and growers were sometimes forced to simply throw it away for lack of a market.<\/p>\n<p>Lowering the tax rate will make more raw material available for concentrate and edible manufacturers, possibly leading to cheaper prices or greater supply.<\/p>\n<p>Further tax changes are possible in the next session of the Alaska Legislature. The Alaska Marijuana Control Board <a href=\"https:\/\/www.commerce.alaska.gov\/web\/Portals\/9\/pub\/MCB\/Minutes\/2018\/04.04\/Tab15.pdf\" target=\"_blank\">approved a resolution<\/a> earlier this year that urges the Legislature to adopt a percentage-based marijuana tax rather than a flat amount per ounce.<\/p>\n<hr \/>\n<p><b>\u2022 Contact reporter James Brooks at jbrooks@juneauempire.com or 523-2258.<\/b><\/p>\n<hr \/>\n","protected":false},"excerpt":{"rendered":"<p>More tax changes are possible in the next Legislative session. <\/p>\n","protected":false},"author":426,"featured_media":37824,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_stopmodifiedupdate":false,"_modified_date":"","wds_primary_category":9,"footnotes":""},"categories":[9,4],"tags":[487,249,230,58],"yst_prominent_words":[],"class_list":["post-37823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home","category-news","tag-cannabis","tag-marijuana","tag-state-news","tag-taxes"],"_links":{"self":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts\/37823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/users\/426"}],"replies":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/comments?post=37823"}],"version-history":[{"count":0,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts\/37823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/media\/37824"}],"wp:attachment":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/media?parent=37823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/categories?post=37823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/tags?post=37823"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/yst_prominent_words?post=37823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}