Wyoming Cannabis Tax Guide (CBD Only): 2025 Edition

Updated as of July 1, 2025

Key Points
Wyoming hemp retailers pay a uniform 2 % excise tax on all consumable CBD products, plus the state’s 4 % sales/use tax and any additional local sales taxes. Accurate records and on‑time filings are required to avoid penalties or license issues.

Understanding Wyoming’s Cannabis Tax Structure

• State Excise Tax on Hemp: 2 % of the retail sale price of consumable CBD products.

• Sales/Use Tax: 4 % statewide, with additional city‑ and county‑level add‑ons.

• No State Income Tax: Wyoming imposes neither personal nor corporate income tax, so federal IRC § 280E has no state‑level effect.

Hemp Excise Tax: What Retailers Need to Know

• 2025 Rate: 2 % of the final retail price.

• Uniformity: Applies statewide — no local variation.

• Who Pays: Every licensed retailer selling consumable CBD/hemp products.

• Medical Sales: Wyoming does not distinguish “medical” hemp; only CBD products (≤ 0.3 % THC) are legal.

Sales/Use Tax: Local Impact on CBD Sales

• State Base Rate: 4 % of the retail price.

• Local Add‑Ons: Cities/counties may tack on extra rates. Examples for 2025:

  • Cheyenne: 4 % state + 2 % local = 6 % total

  • Jackson: 4 % state + 1 % local = 5 % total

  • Laramie: 4 % state + 2 % local = 6 % total

• Calculation: Sales tax applies to the total retail price (including the excise tax you collect).

Filing and Payment Deadlines

• Excise Tax: File and pay monthly by the 25th of the following month via the Wyoming Internet Filing System (WYIFS).

• Sales/Use Tax: Also filed monthly by the 25th through WYIFS, even if you had zero sales.

  • Sales and Use tax – Local rate charts.

• Required Forms: All returns are electronic — no paper filings.

• Quarterly Option: Not available; all hemp/CBD filers must report monthly.

Penalties and Compliance Risks

• Late Filing: Incurs penalties and interest on any unpaid balance.

• License Risk: Repeated noncompliance can lead to fines or suspension/revocation of your hemp retail license.

• Audits: Detailed separation of excise vs. sales tax records reduces audit exposure but keep thorough documentation.

Key Trade Associations

• Wyoming NORML: Advocacy, education, and policy updates for hemp growers and retailers.

• Hemp Industries Association (HIA): National trade group with a Wyoming chapter focused on market development.

• Minority Cannabis Business Association: social equity, education, policy reform and advocacy.

• National Cannabis Industry Association: Collaborative group sharing best practices and sustainability initiatives.

• Americans For Safe Access: Patients rights and advocacy, policy reform.

Government Contacts

• Wyoming Department of Revenue – Excise Tax Division
  122 West 25th Street, Suite E301, Cheyenne, WY 82002
  dor_taxability@wyo.gov (taxability questions)
  dor@wyo.gov (account issues)

• Wyoming Liquor Division
  6601 Campstool Road, Cheyenne, WY 82002
  (307) 777‑7231
  scott.workman@wyo.gov (compliance)

• Wyoming Internet Filing System (WYIFS)

Financial Calendar

Note: This template is for informational purposes only. Consult a qualified CPA, attorney, or compliance specialist before making any tax or compliance decisions. Always verify current rules with the Wyoming Department of Revenue and the Wyoming Liquor Division.