§4921. Definitions As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 2019, c. 231, Pt. B, §7 (NEW).] 1. Adult use cannabis. “Adult use cannabis” has the same meaning as in Title 28‑B, section 102, subsection 1. [PL 2019, c. 231, Pt. B, […]
§4922. Registration 1. Generally. A cultivation facility licensee operating in this State shall register with the assessor each cultivation facility operated by the cultivation facility licensee and collect and remit taxes in accordance with the provisions of this chapter. A person required to be registered as a cultivation facility licensee pursuant to this section […]
§4923-A. Calculation of excise tax imposed on wet cannabis flower and wet cannabis trim For purposes of the excise tax imposed pursuant to section 4923 on wet cannabis flower or wet cannabis trim, a cultivation facility licensee shall calculate the taxable weight by reducing the total weight of the wet cannabis flower or wet cannabis […]
§4923. Excise tax imposed 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. [PL 2019, c. 231, Pt. B, §7 […]
§4924. Returns; payment of excise tax On or before the 15th day of each month, a cultivation facility licensee shall file a return, as required by the assessor, and pay to the assessor all excise taxes due under this chapter for the preceding calendar month. [PL 2019, c. 231, Pt. B, §7 (NEW).] SECTION […]
§4925. Application of excise tax revenue All excise tax revenue collected by the assessor pursuant to this chapter on the sale of adult use cannabis must be deposited into the General Fund, except that, on or before the last day of each month, the assessor shall transfer 12% of the excise tax revenue received during […]
