Taxation of cannabinoid product.

Utah Code § 59-31-301 (until 1/1/2027), under Part 59-31-3: Tax.

Utah Code § 59-31-301 (until 1/1/2027)

59-31-301. Taxation of cannabinoid product.

(1) A tax is imposed on a cannabinoid product at a rate of.10 multiplied by the retail price.

(2) A licensee shall collect the tax imposed under Subsection (1) from a purchaser at the time the cannabinoid product is sold. A consumer that purchases or receives an untaxed cannabinoid product shall pay the tax at the time the cannabinoid product is first received in this state.