Similar Terms
- Cannabis Tax
- Marijuana Tax
- Weed Tax
- Pot Tax
- THC Tax
Excise Tax
An excise tax is a business tax — specifically for cannabis products — that is passed on to the customer. All legal recreational cannabis sales must include an excise tax which is collected quarterly by the state to be used for various initiatives such as mental health treatment, substance abuse programs, environmental efforts, and cannabis research. Excise tax rates vary by state.