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Oregon Marijuana: OLCC Announces Changes to Certificate of Tax Compliance Rule

Canna Law Blog

The OLCC announced several changes to the tax compliance rule this weekend at the Cannabis & Psychedelic Section of the Oregon Bar Association’s annual conference (where I was pleased to moderate a panel on the failures of legalization). We’ve written about the tax compliance rule on several occasions: e.g. here , here and here.

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Oregon Marijuana: OLCC Announces Changes to Certificate of Tax Compliance Rule

Canna Law Blog

The OLCC announced several changes to the tax compliance rule this weekend at the Cannabis & Psychedelic Section of the Oregon Bar Association’s annual conference (where I was pleased to moderate a panel on the failures of legalization). We’ve written about the tax compliance rule on several occasions: e.g. here , here and here.

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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. This tax policy may have a huge impact on the Oregon marijuana industry and the changes are coming fast !

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IRS Launches Cannabis Industry-Focused Compliance Initiative

Cannabis Law Report

Traffickers and would-be traffickers be warned, however, that if you do choose to make income from trafficking in Schedule I or II controlled substances (including cannabis, cocaine, or psychedelic mushrooms), that income is fully taxable by the U.S. government. Finding ways to identify noncompliant taxpayers.

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MJ Biz : Oakland sends social equity marijuana licensees to collections over unpaid loans

Cannabis Law Report

Marijuana regulators in Oakland, California, have begun referring a handful of social equity licensees to the city’s collections department after they defaulted on loans intended to help get their companies started. According to a report shared with the Oakland Cannabis Commission on Oct. MJ Biz report.

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Alert: Nevada Cannabis Compliance Board – CCB/DoT Release Annual Cannabis Taxable Sales Data Now Published

Cannabis Law Report

CCB/DoT Release Annual Cannabis Taxable Sales Data. Nevada’s legal cannabis industry sees more than $1 billion in taxable sales for FY21 – $159 million transferred to the Distributive School Account (DSA). Additionally, over $92 million in Retail Cannabis Excise Tax Revenue was transferred to the DSA in FY 21.

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California: Starting April 1st, Cannabis Operators Face CEQA Compliance Requirements for State Licenses

Cannabis Law Report

Starting April 1st, Cannabis Operators Face CEQA Compliance Requirements for State Licenses. For many in the cannabis industry, April 1, 2022 is seen as a day of reckoning following the July 2021 passage of Assembly Bill 141 and Senate Bill 160 (collectively, the Cannabis Trailer Bill). Whitney Hodges.