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International Cannabis Brand Cookies Opens Its First U.S.-Based Consumption Lounge on West Coast

Cannabis Law Report

Consumers can expect a curated, seed-to-table-like experience. Product selection includes all Cookies top-shelf products and Cookies family of brands including Lemonnade, Collins Ave, Run The Jewels, Grandiflora, Minntz, Runtz, as well as Ocean Grown Extracts and locally-grown flower EVIDENCE. Durian Ave. with Berner in attendance.

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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”]. The predecessor to CDTFA, the Board of Equalization [“BOE”] was the agency that administered Sales Tax before CCT and CET.

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

Cannabis Law Report

Under Federal law, cannabis is a “Schedule I” controlled substance; thus, the manufacture, distribution, dispensation, or possession of marijuana – even medical marijuana recommended by a physician – is prohibited as a matter of Federal law. [ix]. Deductions. COGS is the costs of acquiring inventory, through either purchase or production.