Revenue conference prices sales tax exemption for medical marijuana
Legislation that would exempt medical marijuana from sales taxes would cost $24.3 million per year to Florida’s tax receipts, according to an estimate by state economists Friday. HB 1397, by Fort Myers Republican Ray Rodrigues, is one of five medical marijuana bills to enact Amendment 2 that are circulating in the Legislature. It would impose a number of restrictions on marijuana use — no smoking, vaping, or edibles, for example, although a terminally ill patient could vape. The bill would take effect upon…