Hemp Could Be Taxed Higher Than Alcohol | TDR Cannabis in 5

The Dales Report | Trade to Black · Jul 28, 2026 · 7m

The bill splits hemp consumables into two different tax categories. Beverages get taxed at 5 cents per milligram of THC, while everything else gets taxed at 5%, though reporting is inconsistent on whether that’s 5% of retail price or 5% of manufacturer revenue, two very different things. Dales runs the math showing hemp drinks would actually carry 2 to 4 times the federal tax burden of alcohol per serving, despite the bill borrowing alcohol’s regulatory structure, right down to handing oversight to the TTB and setting up a three-tier distribution system that groups like the Wine & Spirits…