Alaska marijuana businesses, citing black market, plead for tax relief

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A legislative committee is considering a proposal that would revamp Alaska’s marijuana tax system

suggest that tax revenue rebounded slightly in the just-completed fiscal year 2023, but in the fiscal year that began July 1, projections indicate that it will be sharply down, legislative aide Cody Rice told the committee on Friday.

“We are all in survival mode, and we are coming together to share our pain with you,” Wilcox told the committee.to analyze the new industry’s progress, and that group delivered a report earlier this year that contained a variety of recommendations. One was a new tax system.“I can tell you with a high degree of certainty that is still much cheaper on the black market.

 

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