Posted By: Avior Data Staff | Sat, 02/10/2018 - 18:17 | 0
Legislation enacted in 2017, known as “An Act to Ensure Safe Access to Marijuana,” provides for the licensing of marijuana establishments and retail sale of adult use marijuana within the Commonwealth. Licensed marijuana establishments are expected to open for business on July 1, 2018. The sale of marijuana and marijuana products will be subject to sales and use tax, marijuana excise, and local option taxes. The Commissioner intends to promulgate regulations to clarify the collection, filing, and payment responsibilities of marijuana businesses for these taxes.