Maine Statutes
§ 36 §4923-A — Calculation of excise tax imposed on wet cannabis flower and wet cannabis trim
Maine·Title 36 TAXATION·Part 7 SPECIAL TAXES·Ch. 723 CANNABIS EXCISE TAX (Title 36, chapter 723 as enacted by PL 2019, c. 548, §2 is REALLOCATED TO TITLE 36, CHAPTER 725)
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 trim by 75% before applying the excise tax.
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Maine § 36 §4923-A (Calculation of excise tax imposed on wet cannabis flower and wet cannabis trim) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 2021, c. 323, §5 (NEW). PL 2021, c. 669, §5 (REV).