Maine legislative panel mulls raising 10 percent tax on marijuana

7/23/17–As the legalization of recreational marijuana sales in Maine nears, a legislative panel has spent months pondering the best way to tax pot to bring in state revenue, fund regulatory enforcement, and discourage the illicit market. The referendum included licensing fees as well as a 10 percent tax on sales by retail marijuana stores and social clubs, but nothing has been decided yet. Maine is looking at examples from others states, some of which also allow local taxes. Read