Bloomberg
Intro to report
Washington is set to temporarily eliminate excise taxes on medical marijuana products under a bill Gov. Jay Inslee (D) signed Thursday.
The bill (HB 1453), first introduced in 2023, offers eligible patients and designated providers an exemption from the 37% cannabis excise tax through June 30, 2029. Washington currently has the highest medical marijuana tax rate in the country.
- The bill passed the state House with an 82-14 vote on March 6. The state Senate approved it by a 36-13 vote on March 1.
- Washington was one of the first states to legalize medical marijuana, as well as …
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