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

Cannabis Law Report

A cannabis Distributor will quickly accumulate a substantial amount of money because CCT and CET will usually be 24%-30% of the amount at which a Distributor transfers a cannabis product to a Dispensary. Packaging, and Labeling, and Rolling. (a) The package shall be tamper-evident. This money is not the Distributor’s money.

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

Cannabis Law Report

These laws led to the formation of the first marijuana dispensaries – which brings us to our next contestant. Taxpayer hails from California, where they operate a medical marijuana dispensary out of a space that has a reception area, healing room, purchasing office, processing room, clone room, and multipurpose room.

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California: Which Set of Books?

Cannabis Law Report

5037 [10] , track-and-trace records [11] , and track-and-trace reporting requirements [12] for Retail Dispensaries. are established to ensure continued compliance with all applicable rules and regulations. Taxable Year 2008 – California Conformity to Federal Law. Economic Stimulus Act of 2008 (PL 110-185, H.R.

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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. Up until now, I grew my flower and I took it to a dispensary.