Products
Blunt, Hash, Oil, Tinctures, Pre-roll, Kief, and Edibles
What are some examples of marijuana products?
Effective July 1, 2015, marijuana retail licensees are subject to this 37% tax that must be collected on each retail sale of useable marijuana, marijuana concentrates, and marijuana infused products.
What is marijuana excise tax?
Marijuana licenses are valid for this length of time and must be renewed this often.
What is one year?
All parts of the plant Cannabis, whether growing or not, with a THC concentration greater than 0.3 percent on a dry weight basis
What is marijuana?
The maximum THC content allowable for hemp, CBD-only, and CHABA products.
What is 0.3%?
Marijuana processors must report under these tax classifications on the value and sale of all useable marijuana, marijuana concentrates, and marijuana-infused products to marijuana retailers and other marijuana processors
What is manufacturing and wholesaling B&O tax?
Licenses to produce and process hemp and/or CBD-only products are obtained through this agency.
What is the Washington State Department of Agriculture?
A person licensed by the LCB to sell marijuana concentrates, useable marijuana, and marijuana-infused products in a retail outlet.
What is a marijuana retailer?
Tetrahydrocannabinol (THC) and Cannabidiol (CBD).
What are the main psychoactive and non-psychoactive components in marijuana?
Marijuana producers must report under this tax classification on the gross income received from the sale of marijuana to marijuana processors and other marijuana producers.
What is wholesaling B&O tax?
This type of endorsement may be obtained through the LCB to sell low-TCH and high-CBD compliant marijuana products to specific customers.
What is a medical marijuana endorsement?
Products that contain marijuana or marijuana extracts, are intended for human use, are derived from marijuana, and have a THC concentration no greater than ten percent.
What are marijuana infused products?
These products to not qualify for either the sales tax exemption for prescription drugs or the sales tax exemption for food and food ingredients.
What are sales of useable marijuana, marijuana concentrates, and marijuana-infused products?
What exemptions are allowed from retail sales tax?
This group of individuals is not required to register with the Department of Revenue for tax reporting. Products provided to members are not subject to B&O or retail sales tax, but must keep records and documents that establish exemption eligibility and these records must be kept for at least five years.
What is a cooperative?
A group of more than one, but no more than four qualified medical marijuana patients and/or designated providers who share responsibility for growing and processing marijuana only for the medical use of the members under RCW 69.51A.250 and rules established by the LCB.
What is a cooperative?