Definitions

Definitions. For the purposes of this Law: "Cultivation center" has the meaning ascribed to that term in the Compassionate Use of Medical Cannabis Program Act. "Department" means the Department of Revenue. "Dispensing organization" has the meaning ascribed to that term in the Compassionate Use of Medical Cannabis Program Act. "Gross receipts" means the total selling price, or the amount of sale, as defined in this Article, except that, in the case of charges and time sales, the amount thereof shall be included only when payments are received by the cultivator of medical cannabis, by a cultivator. "Person" means an individual, partnership, corporation, or public or private organization. "Qualifying patient" means a qualifying patient registered under the Compassionate Use of Medical Cannabis Program Act. "Selling price" or "amount of sale" means the consideration for a sale valued in money, whether received in money or otherwise, including cash, credits, property, or services, determined without any deduction on account of the cost of the property sold, the cost of materials used, labor or service cost, or any other expense whatsoever. "Selling price" or "amount of sale" does not include separately stated charges identified on the invoice by cultivators to reimburse themselves for their tax liability. (Source: P.A. 104-463, eff. 6-12-26.)