Cannabis Excise Taxation
Current understanding
To be populated as evidence accumulates.
Evidence log
- 2024-05-01 — Cannabis Administration and Opportunity Act: The introduced Cannabis Administration and Opportunity Act would remove cannabis from the Controlled Substances Act and establish a federal regulatory and excise tax framework for commercial cannabis, creating proposed tax obligations for the industry rather than an enacted tax change; the finding does not specify rates or who would ultimately bear the cost. (novelty: 3)