The rate is based on the ability to pay and is determined by the entity’s federal taxable income apportioned to Alabama. The rate rages from $0.25 to $1.75 for each $1,000 of net worth in Alabama.

If taxable income of the taxpayer is:

Less than $1, the tax rate shall be $0.25 per $1,000.

At least $1 but less than $200,000, the tax rate shall be $1 per $1,000.

At least $200,000 but less than $500,000, the tax rate shall be $1.25 per $1,000.

At least $500,000, but less than $2.5 million, the tax rate shall be $1.50 per $1,000.

At least $2.5 million, the tax rate shall be $1.75 per $1,000.

Minimum medical cannabis privilege tax is $100;

Maximum medical cannabis privilege tax is $15,000;

The maximum medical cannabis privilege tax for an electing Family Limited Liability Entity is $500.

Medical Cannabis Commission Fund, Section 20-2A-10, Code of Alabama 1975.