Businesses subject to the Cannabis Excise Tax are those that have retail sales of adult-use cannabis. Those businesses also must register to pay GRT on their sales. Businesses already registered for GRT may use their existing accounts to pay GRT on adult-use cannabis sales, but they must also have a Cannabis Excise Tax account.
Medical cannabis sales are not subject to the Cannabis Excise Tax. Medical cannabis sales are eligible for the GRT deduction for prescription drugs. Medical cannabis providers still must file GRT returns with the receipts from medical cannabis sales reported in gross receipts, but they can deduct their medical cannabis sales to reduce their GRT liability.
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