Types of State Tax Licenses Needed
|MARIJUANA ENFORCEMENT DIVISION (MED) LICENSE TYPE||STATE-COLLECTED SALES TAX LICENSE REQUIREMENTS (PER LOCATION)1||STATE-COLLECTED SALES TAX RETURN REQUIREMENTS (PER LOCATION)1, 2|
|Medical Marijuana Center||Colorado Retail Sales Tax||Colorado Retail Sales Tax|
|Retail Marijuana Store||Colorado Retail Sales Tax||Colorado Retail Sales Tax, Retail Marijuana Sales Tax|
|Medical Marijuana Optional Premises Cultivation||Colorado Wholesale Sales Tax3||Colorado Retail Sales Tax|
|Retail Marijuana Cultivation||Colorado Wholesale Sales Tax3||Colorado Retail Sales Tax, Retail Marijuana Excise Tax|
|Medical or Retail Marijuana Infused Product (MIP) Manufacturer4||Colorado Wholesale Sales Tax3||Colorado Retail Sales Tax|
DISCLAIMER: This table is intended to provide general information concerning Colorado tax topics in simple and straightforward language. Although we have done our best to provide accurate and complete tax information, the information is not binding on the Colorado Department of Revenue, nor does it replace, alter, or supersede Colorado law and regulations. We recommend consulting with a tax professional for your specific tax situation.
1 All businesses with employees will also need a Wage Withholding Tax License and to file a Wage Withholding/Payroll Taxes Return.
2 A Use Tax obligation may apply if sales tax was not paid on an item that is sold, leased, or delivered in Colorado for use, storage, distribution, or consumption in the state.
3 If the MIP/cultivation is located at the same location as a medical center/retail store, the wholesale license is not required because the retail license covers both retail and wholesale transactions.
4 Tax license and return requirements are the same for medical and retail MIPs, but separate licenses and returns are required for each marijuana business type (medical or retail) if a location has both types.