Hawaii medical marijuana dispensaries may have tax loophole
A Hawaii lawmaker says the state may have unintentionally created a tax loophole when it wrote the rules for its new medical marijuana dispensaries system.
The Hawaii Legislature passed a law this year to create a system of dispensaries 15 years after the drug was legalized for medical purposes.
But state Rep. Della Au Bellati says the way the law is written, dispensaries may be able to set up in special zones that are eligible for tax breaks. She says the Legislature didn’t intend to give tax breaks to dispensaries.
An official from the state Department of Business, Economic Development & Tourism says dispensaries may be eligible to apply for the tax breaks.
Bellati says the state needs the tax revenues to fund oversight and regulation of the industry.
7 responses to “Hawaii medical marijuana dispensaries may have tax loophole”
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Are they talking about tax breaks for the dispensaries or the PATIENTS? Actually, there shouldn’tr be a tax on either. Medical marijuana shouldn’t be considered a money maker for the State. Do they have to tax everything? I don’t pay taxes on other prescription drugs. The State just thinks MM is a joke!
why am i not surprised at the lack of information in this article.
The Hawaii Legislature and this “newspaper” needs to get it that medical marijuana is not recreational marijuana. Recreational marijuana, when it is legalized, should be taxed. Medical marijuana is a medicine and its’ consumption should have the same tax status as all other prescription medicines in Hawaii.
Hawaii taxes food, medical services and medicine, unlike most other states. Thank the local democrats and keep voting (D).
Anything that is harmful can be made legal by taxing it. Government is so desperate for funds now.
So if it’s “medical” marijuana and thus prescribed, why is anyone paying any taxes on the sale and purchase of it? No other prescription drugs are taxed.
How about tax breakers to patients starting with those ubiquitous excise taxes that kill us.