(A) Each cannabis establishment shall pay a quarterly licensing tax of three percent (3%) of the gross revenue of cannabis establishment.
(B) The quarterly license taxes are due on the last day of the month after each calendar quarter. If payment is not received within fifteen days after the due date, ten percent of the total license tax due shall be assessed as a penalty charge. In addition, if payment is not received within thirty days of the due date, the cannabis establishment license shall be deemed expired and may only be reinstated upon filing a new application and the payment of the application fee. (Ord. 06-2020, 11-4-2020)