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Posted April 07. 2013 4:57PM

Maine bill would tax legal pot at $50 an ounce

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Establishes a $50 per ounce excise tax on marijuana sold or transferred by licensed marijuana facilities. Russell "conservatively" estimates the tax could bring $13 million annually into the state, but said with Colorado and Washington just passing legalization there's "no good data on how big the market really is."


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