Account Code for Marijuana Regulation and Taxation Act (MRTA) Revenues – Tax on Adult-Use Cannabis Sales

Release Date

This bulletin provides guidance related to the accounting for moneys received by a county, city, town, or village from the Marijuana Regulation and Taxation Act (MRTA). These revenues are derived from a 4 percent local excise tax on the sale of adult–use cannabis products by a retail dispensary to a cannabis consumer.