Mississippi DOR Issues Guidance on Taxation for Medical Cannabis Program

The Mississippi Department of Revenue (DOR) issued guidance document regarding taxation for the state’s medical cannabis program. The guidance includes a 5 percent excise tax on a cultivators’ first sale or transfer of cannabis, and the standard 7 percent sales tax charged by dispensaries to customers. The guidance provides details on calculating excise tax based on fair market values set by the agency for cannabis flower and trim. [Miss. Dep’t of Revenue, Medical Cannabis Taxation, 07/01/25]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.