Maine Revenue Services Issues Revised Instructional Bulletin Updating Sales Tax Guidelines for Medical Cannabis Products

The Maine Revenue Services issued a revised instructional bulletin providing guidance on the sales and use tax treatment for sales of medical cannabis and related products by registered caregivers and dispensaries under the Maine Medical Use of Cannabis Program. The bulletin clarifies that retail sales of cannabis, tinctures, topical treatments, edible products, and paraphernalia are subject to sales tax at the general rate, while sales of prepared food containing cannabis are taxed at the prepared food rate. The bulletin also outlines tax exemptions for certain purchases related to commercial agricultural production, manufacturing, and packaging materials. [Me. Revenue Servs., Instructional Bulletin ...