Maine Adopts Emergency Rule to Allow Wet Weight Conversion for Excise Tax
The change allows for a 75 percent conversion rate for wet weight to dry weight on an excise tax that is calculated per pound of marijuana.
Category: Tax
FAQs for Cannabis Businesses Applying for Tax ID Numbers in Maine
Adult use marijuana businesses must provide evidence of the required tax registrations as part of the application for an active license.
Why Insist on Resale Certificates for Wholesale Marijuana Transactions?
Read this post to understand why resale certificates play an essential role in ensuring tax compliance.