NYS legalized weed, but sends threatening letters to those giving it away as part of sales promotions

[Saltwater60]

This is rich weed is legal, but since we haven’t figured out a way to tax you on it yet you can’t even give it away as part of a sales promotion. I guess I shouldn’t be surprised.

NY state clamps down on businesses offering marijuana as a ‘gift’

The Office of Cannabis Management said Tuesday it sent letters to more than two dozen enterprises it suspects of illegally selling weed.

www.syracuse.com

 

[Modean]

This is rich weed is legal, but since we haven’t figured out a way to tax you on it yet you can’t even give it away as part of a sales promotion. I guess I shouldn’t be surprised.

NY state clamps down on businesses offering marijuana as a ‘gift’

The Office of Cannabis Management said Tuesday it sent letters to more than two dozen enterprises it suspects of illegally selling weed.

www.syracuse.com

They aren't getting their cut.

 

[jimc]

I don't use it so I have no horse in the race, but it seems pretty simple to me. Tax it as you would any other product sold in the state. If Nike or Coke comes up with a new product, regular sales tax applies. It should be the same for this legal item. Anything else is just going to continue to drive the cheaper and simpler black market.

 

[Saltwater60]

I don't use it so I have no horse in the race, but it seems pretty simple to me. Tax it as you would any other product sold in the state. If Nike or Coke comes up with a new product, regular sales tax applies. It should be the same for this legal item. Anything else is just going to continue to drive the cheaper and simpler black market.

What they are working out IMO is how to give more of the licenses to minorities and their friends without causing a stir. Also they are figuring out licensing, inspection, and a more profitable tax scheme. Many things are taxed at higher rates guns, alcohol, and tobacco are just a few that come to mind.

 

[Jmac00]

LOL, its going to be like California, it will take 3 years to get a permit, and they make the process so complicated they (CA) had to develop a special department to help businesses navigate the licensing process. Its still easier, and better to buy illegal stuff.

But once the state figures out how to drill into the profits, things will get better -----> for the state

 

[vago]

NYS legalized weed ?? Are we gonna be another bronx?​

 

[Edwardteach72]

This is rich weed is legal, but since we haven’t figured out a way to tax you on it yet you can’t even give it away as part of a sales promotion. I guess I shouldn’t be surprised.

NY state clamps down on businesses offering marijuana as a ‘gift’

The Office of Cannabis Management said Tuesday it sent letters to more than two dozen enterprises it suspects of illegally selling weed.

www.syracuse.com

But they did figure out a way to tax it????
They were going to start issuing "licenses" at the end of this year

 

[FRANKIE]

As always -
The black market rules.

 

[kev74]

There is no limit to what New York can screw up.

 

[Saltwater60]

But they did figure out a way to tax it????
They were going to start issuing "licenses" at the end of this year

If you’re not selling it there are no taxes on it. If a store runs a buy one get one free of equal value and you buy a $100 pair of sneakers and get a $100 pair free you’re not taxed on $200, but only the $100 sale. IMO the taxation part shouldn’t even come into this equation if they are giving it away.

 

[vago]

paying taxes I am more concerned about the illegal sale, not to mention what they mix it with and the violence that
it can bring Mexicans and it will bring fights over territories, shootings etc etc, in the city it is easier for them to be caught with the cameras, but upstate, it can become a war

 

[Edwardteach72]

If you’re not selling it there are no taxes on it. If a store runs a buy one get one free of equal value and you buy a $100 pair of sneakers and get a $100 pair free you’re not taxed on $200, but only the $100 sale. IMO the taxation part shouldn’t even come into this equation if they are giving it away.

They are still getting the taxes for the products the store is selling..

And no store is selling $100 pair of sneakers and giving someone $100 of weed at the same time..

There are probably 20 or more of these shops by me, they are all "sticker shops" you go in and buy a sticker and all different prices and then on your way out they gift you another product of your choice thats equivalent to the amount you spent on the sticker. And the sales tax is already factored in..


Also once again NYS has already figured out how to tax the sales of weed and wrote it into the original bill/law.. they just also wrote into the law that the first licensed dispensary won't be allowed until end of 2022.

 

[Jmac00]

paying taxes I am more concerned about the illegal sale, not to mention what they mix it with and the violence that
it can bring Mexicans and it will bring fights over territories, shootings etc etc, in the city it is easier for them to be caught with the cameras, but upstate, it can become a war

LOL, this has been going on for 60 years, but now that we have "Catch & release" its getting much more noticeable, and worse.

I remember, even 5 years ago, there was maybe a shooting every month or so, in the last two years, its a shooting or stabbing every few days. Rochester has turned into a shooting gallery

 

[Carlos Hathcock]

Same old story. Follow the .........

 

[Saltwater60]

They are still getting the taxes for the products the store is selling..

And no store is selling $100 pair of sneakers and giving someone $100 of weed at the same time..

There are probably 20 or more of these shops by me, they are all "sticker shops" you go in and buy a sticker and all different prices and then on your way out they gift you another product of your choice thats equivalent to the amount you spent on the sticker. And the sales tax is already factored in..


Also once again NYS has already figured out how to tax the sales of weed and wrote it into the original bill/law.. they just also wrote into the law that the first licensed dispensary won't be allowed until end of 2022.

The numbers were just for an example. I also had no idea they were buying a “sticker” and giving that for products.

 

[Edwardteach72]

The numbers were just for an example. I also had no idea they were buying a “sticker” and giving that for products.

Yea. Hell one owner in my area I think is now at like 5 shops in a few different towns.. on top of the countless other people running their own "sticker shops"

 

[Saltwater60]

Yea. Hell one owner in my area I think is now at like 5 shops in a few different towns.. on top of the countless other people running their own "sticker shops"

Well I would think if they are jumping the gun like this and they are known that the state would not give them a license, but I’m guessing a lot will have to do with the color of their skin.

 

[SonOfSun]

What they are working out IMO is how to give more of the licenses to minorities and their friends without causing a stir. Also they are figuring out licensing, inspection, and a more profitable tax scheme. Many things are taxed at higher rates guns, alcohol, and tobacco are just a few that come to mind.

That's really the core of it. The power brokers want to enrich themselves, like always. If then had that part figured out already, they would have had shops open yesterday.

 

[Acer-m14]

PSA .. Selling Poison Ivy is legal .. LOL.. and yes i have smoked it .. fucking wood stove ..

 

[Grimscale]

Tax it as you would any other product sold in the state.

Sounds like the whole complaint is that someone is GIVING it away free. No tax applies.
The State wants money. That's the only reason they were willing to authorize sales of a previously restricted drug. without the money, it's back to being illegal.

 

[Saltwater60]

Sounds like the whole complaint is that someone is GIVING it away free. No tax applies.
The State wants money. That's the only reason they were willing to authorize sales of a previously restricted drug. without the money, it's back to being illegal.

I get that, but I can give you anything as a gift under $10,000 and no taxes will be applied. I’m just wondering why it’s not being applied here. Ed tech must be right and it must be you buy a ticket or stamp and exchange it for drugs.

 

[BerettaGuy]

Sounds like the whole complaint is that someone is GIVING it away free. No tax applies.
The State wants money. That's the only reason they were willing to authorize sales of a previously restricted drug. without the money, it's back to being illegal.

The whole Marijuana Criminalization started with the Tax Stamp. They made it so possessing or selling it without a Government Tax Stamp was the crime. That later changed with the Controlled Substance Act. Both were designed by Jim Crow Democrats of the Dixie Democrats to control the growth and pregnancy rate of those pesky freed slaves. Throw in abortion and they thought they had is made. Meanwhile, they replaced the Black Family with Government Agencies, and then little black boys began impregnating little black girls. Now you have 30-year-old Grandmothers in the hood. Even with throwing as many as they can in prison and abortion clinics in the inner city, they just can't control the growth. Enter the Pandemic. But which block of people are the most vaccine-hesitant? Black Americans. If is very similar to Gun Control. All Gun Control was started by Dixie Democrats to disarm those pesky freed slaves.

 

[BerettaGuy]

I get that, but I can give you any thing as a gift under $10,000 and no taxes will be applied. I’m just wondering why it’s not being applied here. Ed tech must be right and it must be you buy a ticket or stamp and exchange it for drugs.

PS. When you walk in you must show ID to show that you are over 21, but they don't record your information. I'm sure the "State Run" stores will be not just recording your license but forwarding it to Albany. (NY State Police Gun Squad) Just sayin.

 

[DoOver]

Murder Mountain on Netflix shows how them damed dirty smoke doping hippy's started growing and selling that schighdt in the 60's and 70's in Northern California to to now the total fuq up them all being legalized and licensed.

 

[Shadow rider]

I don't use it so I have no horse in the race, but it seems pretty simple to me. Tax it as you would any other product sold in the state. If Nike or Coke comes up with a new product, regular sales tax applies. It should be the same for this legal item. Anything else is just going to continue to drive the cheaper and simpler black market.

What is going to continue to drive the "cheaper" black market is the 15-20% tax that will be imposed on legal sales.

 

[That_FNG]

Sounds like it would be better to just leave marijuana illegal.

 

[Edwardteach72]

What is going to continue to drive the "cheaper" black market is the 15-20% tax that will be imposed on legal sales.

I believe the state tax is closer to 30% and the counties are able to add their own tax up to a certain percentage

 

[Saltwater60]

What is going to continue to drive the "cheaper" black market is the 15-20% tax that will be imposed on legal sales.

This is correct. This is what has happened in other states