Remove 2008 Remove Compliance Remove Cultivation Remove Dispensary
article thumbnail

The Economic Impact of the Medical Marijuana Industry in Michigan

MMJ Recs

The foundational framework was laid with the establishment of the Michigan Medical Marijuana Program in 2008, signalling the state’s commitment to providing legal access to cannabis for qualified patients. From cultivation and processing to retail and ancillary services, a diverse range of employment opportunities has emerged.

article thumbnail

COOKIES AND TERRASCEND Partner To Bring Top-Shelf Genetics To The Garden State

Cannabis Law Report

Additionally, TerrAscend will debut “Cookies Corners” in all three Apothecarium dispensaries in New Jersey. The parties entered into a multi-year deal under which TerrAscend will be the sole cultivator and manufacturer of Cookies branded products in New Jersey, subject to certain conditions and regulatory approval. BOONTON, N.J.–(BUSINESS

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

CCT CET: Responsible Persons, “Collection & Remittance of Cannabis Excise Tax [“CET”] & Cannabis Cultivation Tax [“CCT”]

Cannabis Law Report

The weakness relates to the collection and remittance of Cannabis Excise Tax [“CET”] and Cannabis Cultivation Tax [“CCT”]. A cannabis distributor is a person who procures, sells, and/or transports cannabis between licensed cannabis businesses, such as a cultivator, manufacturer, or retailer. The California Dept.

article thumbnail

Advocating for Better Cannabis Business Regulations

Canna Law Blog

Some industries, like cannabis, suffer from over-regulation, overwhelming smaller businesses with the legal costs of compliance. Under-regulation of our financial market was part of what led to the Great Recession in 2008. For example, cannabis cultivators in Washington State are now subject to product testing at any time.

article thumbnail

California: Which Set of Books?

Cannabis Law Report

of Tax and Fee Administration [“CDTFA”] is the administrative agency for business entities that are subject both to Sales Tax, and to Cannabis Cultivation TAX [“CCT”] and Cannabis Excise Tax [“CET”]. 5037 [10] , track-and-trace records [11] , and track-and-trace reporting requirements [12] for Retail Dispensaries. The California Dept.

article thumbnail

Taxation Of A Medical Marijuana Business – How Will The Ninth Circuit Hold?

Cannabis Law Report

During the years at issue, California law provided an exemption from California laws penalizing the possession and cultivation of marijuana for patients and their primary caregivers when the possession or cultivation was for the patient’s personal medical purposes and was recommended or approved by a physician. Tax Returns and Audit.

article thumbnail

Overview: Cannabis Taxes & Accounting Workshop

Meadow

Tim Morland, Compliance & Policy Director, River Distribution Tim was previously Director of Legislative and Regulatory Affairs, for the Board of Equalization. Prior to joining Board Member Ma’s team, Tim served in the Assembly Chief Clerk’s Office from 2008–2015. Gold Seal SF cultivates and operates out of San Francisco.