Retail | Excise Tax Explained

Please consult with your Tax Professionals when configuring BLAZE to your specific needs.

Cannabis Retailers "in select states" must collect an excise tax from their customers. Here is a list of states that currently have excise taxes as a part of their taxes:

• California
• Colorado
• Michigan
• Alaska
• Massachusetts
• Hawaii
• Missouri
• Nevada
• New York
• Oklahoma
• Pennsylvania
• Washington

If you have the "Excise Taxes" enabled, BLAZE will calculate these values for you based on the regulations of your specific state.  These calculations can be found in a few different places:

• Purchase Orders
• Receive Metrc Transfers
• Batch Details
• Transaction Details

As operators, you have the ability to include these taxes in your listed "Retail Price" or not. By turning on the setting "[Default] Price includes excise tax," it will be auto-enabled for all newly created products. You will want to confirm that this setting is also "enabled" through the individual products' profile. If this setting is enabled, your excise tax calculation will be displayed in parenthesis "(x.xx)."  

Depending on your preferences/settings with including the taxes, you might need to visit the "Manage Receipts" section in your Current Shop Settings.  

***Always consult a Professional / CPA / Attorney, before setting / changing your taxes ***

BLAZE is a complex and sophisticated SaaS platform that provides a series of individual tax settings for each client customer, subject to the advice of their tax advisor professional that enables the client customer to comply with local, state, and national government tax schemes. You will be solely responsible for your tax settings. Tax rates vary and are subject to change.  You and your tax professional are responsible for reviewing, updating, and applying the specific tax rates for your service area(s). The collection, retention, and payment of applicable tax liabilities to appropriate authorities is your sole responsibility. BLAZE makes no warranty nor representation that the tax rates you select are appropriate and correct. You expressly agree BLAZE shall not have any liability for under or overcollection of your tax liabilities.