Cannabis Tax Rates in Mississippi

Mississippi (MS)Medical Only

This state has legalized cannabis for medical use only.

Tax Rate Breakdown

State Excise Tax
None
on cannabis sales
State Sales Tax
7%
additional
Max Effective Rate
7%
combined max rate
Local Taxes AllowedNo
Medical Tax Rate7% state sales tax
Annual Revenue (2024)$15M
Tax StructureMedical cannabis subject to standard 7% state sales tax. No cannabis-specific excise.

Overview

Mississippi's medical cannabis program launched in 2022 after a protracted legal battle over Initiative 65. Medical cannabis is subject to the standard 7% state sales tax but has no cannabis-specific excise tax. The program has grown steadily with multiple licensed cultivators and dispensaries operating across the state. Revenue comes from sales taxes and licensing fees. There is currently no active movement toward recreational legalization.

Key Facts

Frequently Asked Questions

What tax do medical cannabis patients pay in Mississippi?+
Medical cannabis patients pay the standard 7% state sales tax. There is no cannabis-specific excise tax.
When did Mississippi's medical cannabis program start?+
After Initiative 65 passed in 2020 but was struck down by the state Supreme Court, the legislature passed SB 2095 in 2022 to establish the medical program.
What conditions qualify for medical cannabis in Mississippi?+
Mississippi has a defined list of qualifying conditions including cancer, epilepsy, chronic pain, PTSD, and over 20 other conditions.

Compare Tax Rates in Related States

See how Mississippi's cannabis tax rates compare to neighboring or similar states.

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Disclaimer: The information on this page is provided for educational and informational purposes only and does not constitute tax or legal advice. Cannabis remains illegal under US federal law. Mississippi tax rates and regulations are subject to change and may vary by local jurisdiction. Tax rates, revenue figures, and program details described here are based on publicly available information and may not reflect the most current regulations. Always verify current tax rates with official Mississippi state tax authorities and consult with a qualified tax professional. Cannabismarketcap does not guarantee the accuracy or completeness of any information presented.