Bill > S1918

This bill: - Establishes various fees for applications, renewals, and other purposes related to the cultivation and sale of cannabis in Florida, including fees for early approval adult use dispensing organization licenses, conditional adult use dispensing organization licenses, adult use dispensing organization licenses, agent identification cards, and cultivation center licenses. - Allows the Department of Business and Professional Regulation to revise these fees after January 1, 2021. - Imposes a 7% tax on the gross receipts from the first sale of cannabis by a cultivator, with requirements for cultivators to register, file returns, and make estimated tax payments. - Imposes an excise tax on cannabis purchases, with the tax rate varying based on the adjusted THC level and whether the product is cannabis-infused. The tax is collected by cannabis retailers and remitted to the Department of Revenue. - Provides for penalties and enforcement measures related to the cannabis cultivation tax and cannabis purchaser excise tax. The bill aims to establish a regulatory and tax framework for the cultivation and retail sale of cannabis in Florida.

Business and Industry

https://www.flsenate.gov/Session/Bill/2021/1918