Preliminary information for the Wholesale Marihuana Tax is now available.
For transfers between affiliated persons (e.g., vertically integrated operations, microbusinesses, and transfers from medical provisioning centers to adult-use retailers), the tax is based on the average wholesale price list.
| Product | Price | Increment |
|---|---|---|
| Flower | $656.96 | Per Pound |
| Shake/Trim | $343.91 | Per Pound |
| Concentrate | $2,140.61 | Per Pound |
| Inhalable Compound Concentrate | $1,265.35 | Per Pound |
| Vape Cartridge | $2,373.81 | Per Pound |
| Kief | $908.89 | Per Pound |
| Infused Edible | $34.00 | Per Pound |
| Infused Non-Edible Solid | $212.64 | Per Pound |
| Infused Liquid | $0.33 | Per Fluid Ounce |
| Infused Non-Edible Liquid | $13.47 | Per Fluid Ounce |
| Trade Samples, Solid | $0.01 | Per Pound |
| Trade Samples, Liquid | $0.01 | Per Fluid Ounce |
To be reflective of current market conditions, Treasury uses the best available information to publish the average wholesale price list quarterly.
For each product category, total monthly spending (in dollars) is added for the three-month period being used. Total sales (by pound or fluid ounces) are also added for each product category. The results are then divided, providing an average price per pound or fluid ounce, where different prices across the three-month period are weighted by the quantity sold in each month.
The resulting average retail price is then converted to an average wholesale price using an assumed wholesale-to-retail markup. Specifically, retail prices are assumed to be 50 percent higher than wholesale prices, meaning that the wholesale price equals the retail price divided by 1.5.
The assumed wholesale-to-retail markup for January 1, 2026, to March 31, 2026, is 50 percent. This assumption is based on recent wholesale market reports from respected sources and is also consistent with the value that Treasury used to estimate the fiscal effect of the Comprehensive Road Funding Tax Act (CRFTA).
The Cannabis Regulatory Agency (CRA) does not provide retail pricing information for trade samples, but a price for this product category is included in Treasury’s price list, and wholesale tax must be calculated on these transactions. A “trade sample” is a limited quantity of a marihuana product that is provided by a wholesaler to a retail licensee for marketing purposes. The samples are typically intended to be used by the retailer’s employees and are not sold at retail. For all product categories, including trade samples, it is the wholesale entity’s responsibility to maintain adequate books and records demonstrating that all transactions have been recorded in the proper product category.
Treasury’s list of prices is published using quantities of pounds and fluid ounces, depending upon the product. For trade samples, apply the unit of measure (i.e., pounds or fluid ounces) applicable to the product being sold as a trade sample. For transactions involving amounts of product less than a full pound, the published price must be prorated by the wholesaler based on measurement.
