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Lawmakers hear industry-backed cleanup bill to clarify cannabis taxes and licensing
Summary
Senate Bill 74, described as a cleanup product of interim negotiations, would shift certain tax accounting to net sales, align manufacturing licenses with cultivation practice, and remove annual landlord letter burdens for license renewals; industry groups and the Cannabis Control Division supported the measure in committee testimony.
Senator Josh Kasmir introduced Senate Bill 74 to the House Business and Labor Committee as an Economic Affairs cleanup bill that reconciles tax treatment, licensing tiers and administrative details for the Montana cannabis industry. "They are being taxed on the gross sales even if they offer a discount," Kasmir said, explaining the measure would clarify taxation to apply to net sales in some circumstances and make other…
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