Chart: Retail marijuana markups in Washington state continue to dip
By Eli McVey
Washington state cannabis stores continue to face pricing pressures long after the introduction of a new tax structure sent markups plunging, reflecting an increasingly competitive business environment.
According to information provided by the analytics company Top Shelf Data, the average markup per gram of flower sold at the retail level has been declining since summer 2015, when the state shifted to a single 37% excise tax paid by consumers at the point of sale.
Under the previous structure – when the state assessed a 25% tax on producers, processors and retailers – average prices per gram of
Chart: Retail marijuana markups in Washington state continue to dip is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs