Bloomberg Article: Federal Taxation of Cannabis Under Proposed Legislation
Cannabis Law Report
SEPTEMBER 1, 2021
Greg Kaufman of Eversheds Sutherland outlines the key provisions and urges lawmakers to consider data collected at the state level to get it right. In the fifth year and after, the application of the excise tax moves from the removal sales price of the product to a hybrid prevailing price and per-ounce or per-milligram of THC model.
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