Excise tax imposed
1. Excise tax on cannabis flower. Before January 1, 2026, 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. Beginning January 1, 2026, a cultivation facility licensee shall pay an excise tax of $223 per pound or fraction thereof of cannabis flower sold to other licensees in the State. 2. Excise tax on cannabis trim. Before January 1, 2026, 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. Beginning January 1, 2026, a cultivation facility licensee shall pay an excise tax of $63 per pound or fraction thereof of cannabis trim sold to other licensees in the State. 3. Excise tax on immature cannabis plants and seedlings. Before January 1, 2026, 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. Beginning January 1, 2026, a cultivation facility licensee shall pay an excise tax of $1 per immature cannabis plant or seedling sold to other licensees in the State. 3-A. Excise tax on mature cannabis plants. Beginning July 1, 2021, and before January 1, 2026, a cultivation facility licensee shall pay an excise tax of $35 per mature cannabis plant sold to other licensees in the State. Beginning January 1, 2026, a cultivation facility licensee shall pay an excise tax of $23 per mature cannabis plant sold to other licensees in the State. 4. Excise tax on cannabis seeds. Before January 1, 2026, a cultivation facility licensee shall pay an excise tax of 30¢ per cannabis seed sold to other licensees in the State. Beginning January 1, 2026, a cultivation facility licensee shall pay an excise tax of 20¢ per cannabis seed sold to other licensees in the State. 5. Excise tax on purchases from registered caregivers and registered dispensaries. 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. 7. Sales and transfers between licensed cultivation facilities. An excise tax is not imposed on a sale of adult use cannabis to a cultivation facility or on a transfer of adult use cannabis to a cultivation facility.