Modifying the cannabis excise tax to consider THC concentration.
Summary
Requires the Liquor and Cannabis Board (LCB) to collect data on sales of cannabis products, including the amount of products sold in each category and the average tetrahydrocannabinol (THC) concentration of products sold in each category, with a report due in November 2025.
Requires the LCB to formulate a recommended approach and implementation plan for modifying the cannabis excise tax, which must be revenue neutral and propose a higher tax on products with a higher THC concentration relative to other products in the same category, with a report due in September 2026.
From the House Bill Report (SB 6271), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not passDid not pass · passed Senate, stalled in House