FL S1782

Imposes an excise tax of $50 per ounce on marijuana sold or transferred from cultivation facilities to retail stores or manufacturing facilities.

Requires annual inflation adjustments to the excise tax rate, calculated each February 15 using the Consumer Price Index and effective July 1.

Establishes an application fee not to exceed $5,000 for marijuana establishment licenses, as set by rule.

Requires marijuana cultivation facilities to file monthly tax returns and maintain records of all marijuana products held, purchased, manufactured, or transferred.

Allows tax credits for destroyed or unfit marijuana products and imposes license revocation penalties for facilities that fail to make required tax payments.