California – Cannabis Excise Tax Mark-up Rate Reaches 60 Percent

“The CDTFA is responsible for determining a mark-up rate on a biannual basis in six-month intervals. The mark-up rate must be used by distributors to compute the average market price of cannabis or cannabis products sold or transferred to a retailer in an arm’s length transaction. It has been recently determined, the cannabis excise tax mark-up rate will continue to be 60 percent for the next six months beginning January 1, 2019. ” CDTFA