Beginning on the first day of the calendar month in which adult use cannabis may be sold in the State by a cultivation facility under Title 28-B, chapter 1, an excise tax on adult use cannabis is imposed in accordance with this chapter. [2019, c. 231, Pt. B, §7(NEW); 2021, c. 669, §5(REV).]
1.Excise tax on cannabis flower. A cultivation facility licensee shall pay an excise tax of $335 per pound or fraction thereof of cannabis flower sold to other licensees in the State. [2021, c. 323, §3(AMD); 2021, c. 669, §5(REV).]
2.Excise tax on cannabis trim. A cultivation facility licensee shall pay an excise tax of $94 per pound or fraction thereof of cannabis trim sold to other licensees in the State. [2019, c. 231, Pt. B, §7(NEW); 2021, c. 669, §5(REV).]
3.Excise tax on immature cannabis plants and seedlings. A cultivation facility licensee shall pay an excise tax of $1.50 per immature cannabis plant or seedling sold to other licensees in the State. [2019, c. 231, Pt. B, §7(NEW); 2021, c. 669, §5(REV).]
3-A.Excise tax on mature cannabis plants. Beginning July 1, 2021, a cultivation facility licensee shall pay an excise tax of $35 per mature cannabis plant sold to other licensees in the State. [2021, c. 323, §4(NEW); 2021, c. 669, §5(REV).]
4.Excise tax on cannabis seeds. A cultivation facility licensee shall pay an excise tax of 30¢ per cannabis seed sold to other licensees in the State. [2019, c. 231, Pt. B, §7(NEW); 2021, c. 669, §5(REV).]
5.Excise tax on purchases from registered caregivers and registered dispensaries. A cultivation facility licensee authorized pursuant to Title 28-B to purchase cannabis plants and cannabis seeds from registered caregivers and registered dispensaries that transacts such a purchase shall pay to the assessor the excise taxes that would have been imposed under subsections 1 to 4 on the sale of the cannabis plants and cannabis seeds if the cannabis plants and cannabis seeds had been sold by a cultivation facility licensee to another licensee.6.Multiple licenses. When a cultivation facility licensee also holds a license to operate another cannabis establishment, the taxes imposed by subsections 1 to 4 apply to any transfer of cannabis from the cultivation facility to the other cannabis establishment or, if no such transfer is made, to any activity undertaken pursuant to Title 28-B, section 501, subsection 2 or 4 with regard to cannabis cultivated by the cultivation facility. [2019, c. 231, Pt. B, §7(NEW); 2021, c. 669, §5(REV).]
Amended by 2024, c. 679,§ C-13, eff. 8/9/2024.Amended by 2021SP1, c. 323,§ 4, eff. 6/22/2021.Amended by 2021SP1, c. 323,§ 3, eff. 6/22/2021.Added by 2019, c. 231,§ B-7, eff. 6/7/2019.