AN ACT CONCERNING THE CANNABIS TOTAL THC TAX.

Plain English Breakdown

The exact details of the new flat excise tax rate are not specified in the official source material.

Changing How Cannabis is Taxed

This act changes how cannabis is taxed in Connecticut by replacing the current system that taxes it based on its THC content with a new flat rate.

What This Bill Does

• Changes the way cannabis is taxed in Connecticut.
• Replaces the tax based on the amount of THC (the main psychoactive compound) in cannabis products with a flat excise tax.

Who It Names or Affects

• People who buy and sell cannabis in Connecticut.
• The state government, which collects taxes from cannabis sales.

Terms To Know

THC

A chemical found in cannabis that causes the feeling of being high or stoned.

Excise tax

A specific tax on a particular product, like alcohol or tobacco, which is added to the price when it's sold.

Limits and Unknowns

• The exact amount of the new flat excise tax has not been decided.
• It’s unclear how this change will affect cannabis prices and sales in Connecticut.

Official Summary Text

To replace the cannabis tax based on total THC with a flat excise tax.

Current Bill Text

LCO No. 335 1 of 1

General Assembly Proposed Bill No. 59
February Session, 2026 LCO No. 335

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
SEN. PERILLO J., 21st Dist.

AN ACT CONCERNING THE CANNABIS TOTAL THC TAX.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That chapter 214c of the general statutes be amended to replace the 1
cannabis tax based on total THC with a flat excise tax. 2
Statement of Purpose:
To replace the cannabis tax based on total THC with a flat excise tax.