Iowa mCBD board member Dr. Bob Schreck motioned at one hour and 32 minutes of today’s mCBD advisory board hearing to recommend that sales taxes be removed from Iowa’s medical cannabis program. The roll call vote passed by unanimous consent.
Hopefully this will translate to legislative changes this 2021 session that will help Iowa patients save money. Currently, due to federal laws, Iowa patients face an effective tax rate of 70% on legal marijuana products (!!!) purchased at the five three functioning dispensaries scattered throughout the state.
Video of this vote will be up once I’ve finished with the editing and processing. Follow WeedPress on Facebook for more coverage as we work to change marijuana laws.
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