(a) A Guam excise tax is imposed on the sale or transfer of cannabis from a cannabis cultivation facility to a retail cannabis store or cannabis product manufacturing facility. Every cannabis cultivation facility shall pay a Guam excise tax at the rate of fifteen percent (15%) on the dollar value of cannabis that is sold or transferred from a cannabis cultivation facility to a retail
cannabis store or cannabis product manufacturing facility. Provided further, that no such excise tax shall be levied upon cannabis intended for sale as medical cannabis.

(b) The Department of Revenue and Taxation shall
establish procedures for the collection of all excise taxes levied.

(c) The Cannabis Control Board may exempt certain parts of the cannabis plant from the excise tax described in Subsection (a), or may establish an alternate rate or tax structure in accordance with the rules and regulations promulgated in accordance with this Chapter.

(d) There is hereby established a fund to be known as the Cannabis Fund which shall be maintained separate and apart from any other fund of the government of Guam and shall be administered by the Department of Administration. Fifty percent (50%) of the excise tax collected or received pursuant to § 8113(a) shall be deposited in the Cannabis Fund, and shall be annually allocated, and is hereby appropriated and shall be
continued to be deemed appropriated as follows:

(1) twenty-five percent (25%) of the Fund to the
Department of Public Health and Social Services; and

(2) twenty-five percent (25%) of the Fund for the following:

(A) fifteen percent (15%) to the Guam Police Department for the purposes of recruiting or maintaining police officers and purchasing equipment and detection devices;

(B) fifteen percent (15%) to the Guam Customs and Quarantine Agency for the purposes of recruiting or maintaining customs and quarantine officers and purchasing equipment and detection devices;

(C) twenty percent (20%) to the Department of Revenue and Taxation for operations consistent with the implementation of this Act;

(D) forty percent (40%) to the Guam Behavioral
Health and Wellness Center substance abuse treatment,
prevention, and education; and

(E) ten percent (10%) to the Department of Agriculture’s Conversation Officer Law Enforcement Section for the purposes of recruiting or maintaining conservation officers and purchasing equipment and detection devices.