Connecticut HB05109 replaces the cannabis tax based on total THC with an excise tax.
Connecticut HB05109 amends chapter 214c of the general statutes to replace the cannabis tax based on total THC with an excise tax of 10.75%. This new tax mirrors the rate used in Massachusetts. The purpose of this change is to update the tax structure for cannabis products in Connecticut.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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