Massachusetts lawmakers strike recreational cannabis deal

Massachusetts lawmakers finalized changes to the state’s recreational marijuana law on Monday, essentially splitting the difference on their conflicting proposals on tax rates and whether voters or politicians can OK cannabis businesses. Highlights of the deal were released by a six-member conference committee that spent several weeks trying to resolve differences between the House and Senate. House and Senate negotiators reached an agreement that would allow retail MJ sales to be taxed at a maximum 20% rate. The compromise language bridges the gap between a House proposal to raise the total tax on marijuana to a mandatory ... Massachusetts lawmakers strike recreational cannabis deal is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs