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California Police Auctioning Off Seized Cannabis Merchandise

Veriheal

When underground cannabis shops are raided, what happens to the products in the store? Ten Los Angeles-based cannabis businesses were recently raided. Collectively, the ten dispensaries owe more than $14.4 Collectively, the ten dispensaries owe more than $14.4 million in unpaid taxes. million in unpaid taxes.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Legalizing cannabis for adults has been a wise investment. billion in tax revenue from legal, adult-use cannabis sales. billion in tax revenue from legal, adult-use cannabis sales. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. Colorado (pop.

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Arizona NORML, Partners File 2020 Statewide Legalization Initiative

NORML

A coalition of activist groups, including Arizona NORML, the Drug Policy Alliance, and the state chapter of the ACLU, have filed language with the Secretary of State seeking to legalize the adult use and dispensing of cannabis. ” A 2016 statewide initiative effort in Arizona failed by a vote of 51 percent to 49 percent.

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

Cannabis Law Report

CCT CET – Responsible Persons – we see a constant barrage of complaints about how oppressive the cannabis regulatory structure in California has been. The weakness relates to the collection and remittance of Cannabis Excise Tax [“CET”] and Cannabis Cultivation Tax [“CCT”]. The California Dept.

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Oregon Cannabis: How Many Retailers Will Close Due to Gov. Kotek’s New Tax Compliance Missive?

Canna Law Blog

As reported by Sophie Peel of the Willamette Week, on May 16, Governor Kotek issued a directive to the OLCC to make state tax compliance a requirement for the agency to issue or renew cannabis retail licenses. So producers, wholesalers, and processors don’t collect or pay sales tax. What is the new tax compliance policy? We don’t know.

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New Study Shows Cannabis Use May Be Responsible For Improved Health And Quality of Life

MedicalJane

A web-based study enrolled 1,276 participants (including those already using a cannabis product and those considering its use) between April 2016 and February 2018. Of the 1,276 participants, 524 adult patients and 284 adult caregivers of children or dependent adults, all self-reported using cannabis for medicinal purposes.

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NJ.Com Report: More N.J. cannabis workers unionizing as 4 companies negotiate contracts

Cannabis Law Report

Four major cannabis companies are negotiating contracts to unionize their workforce in New Jersey: Ascend, GTI, Columbia Care and Acreage to bring the total to a half dozen multi-state operators, according to the head of UFCW – Local 360. Cannabis workers have the wind to their back as the union momentum in New Jersey is picking up.