Money from Marijuana Establishments and Medical Marijuana Treatment Centers
Accounting Policies and Procedures
Accounting treatment local option excises on retail sales of marijuana for adult use impact fees mitigation payments marijuana establishments or medical marijuana treatment centers general fund gifts grants trusts special revenue free cash
44:53 59:23 64N:3 94G:3[d] 94G:4
391 m 415 Emerson College v. Boston, 391 Mass. 415 (1984)
This Local Finance Opinion (LFO) addresses questions about the municipal finance law and accounting treatment of (1) local option excises on the retail sales of marijuana for adult use and (2) impact fees or other payments under a community host or other agreement with a marijuana establishment or medical marijuana treatment center in connection with its siting and operation in the municipality. It does not address how payments by those establishments or treatment centers are treated for purposes of host community agreements.