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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”]. When the Distributor role was created, the California Legislature decided to place the majority of the collection and remittance responsibility on it [1]. The amount of cultivation tax.

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Greenest Cannabis Must Start Now

Cannabis Law Report

Eaze’s 2017 State of Cannabis report claims: “ According to BDS analytics, in April of 2018, $52.3MM in vape products were sold in California, representing 25% of overall cannabis market sales. . The only way to achieve this scale is to use dispensaries as the collection points, much like some were already doing back in 2017.”

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Harborside & Nor Cal Opinions. Dispensaries, Don’t Despair. There Are Solutions

Cannabis Law Report

The situation becomes particularly grim for California dispensaries beginning after 2017. California’s Bureau of Cannabis Control adopted regulations beginning in 2018 that require Retailers to purchase cannabis that has been tested, packaged, and labeled by a Distributor [6]. The opinion in Harborside rejected the use of IRC Sec.

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Germany is now producing state sponsored medical cannabis

Cannabis Law Report

The prescription of medical marijuana has been legal in Germany since 2017, however, pharmacies have been getting their supply from imports, leading to unpredictable fluctuations in prices and variety of the product. tonnes of cannabis that will be collected in the span of four years, with an annual harvest of 2.6 euros per gram.

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CannTrust Expects Significant Q1 Earnings

WeedAdvisor

Licensed producers may differ in many ways, but one thing they had in common was their collective struggle to remain profitable. million profit or eight cents per share during the same quarter in 2017”. These include tracking, safety, efficiency and compliance – to name a few. million or 26 cents per share, compared to a $6.3

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Terrible, No Good California Cannabis Distribution Contracts

Canna Law Blog

As of summer 2017, because of a technical fix to the (now repealed) Medical Cannabis Regulation and Safety Act and Prop. reviewing packaging and labeling of finished products), and for the collection and remittance of cultivation and excise taxes to the California Department of Tax and Fee Administration.

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Canada: Medical Cannabis & Cannabinoid Regulation 2021

Cannabis Law Report

To achieve these purposes, the statute creates a strict legal framework that encompasses both medical and non-medical cannabis in Canada, and prescribes the scope of all permissible products and cannabis-related activities, as well as the offences and penalties for non-compliance. Ontario Cannabis Retail Corporation Act, 2017.