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”].

Dead, Alive, Comatose. Are medical cannabis collectives dead or alive? 

Cannabis Law Report

PUBLISHER: CANNABIS LAW REPORT. DEAD – ALIVE – COMATOSE – Are medical cannabis collectives dead or alive? What about medical cannabis cooperatives? What about adult-use cannabis collectives and cooperatives?

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California: Collecting, Reporting and Remitting Tax for Dispensaries

Cannabis Law Report

This the second of our 2019 gifts to California’s cannabis industry. Dispensaries are on the front-line with respect to the collection, reporting and remittance of taxes. Dispensaries collect all of the taxes that are imposed on the cannabis industry.

California: CCT and CET Collection Mechanics: “CDTFA failed abysmally to inform and educate the entire group – cultivators, distributors, and manufacturers, regarding the record-keeping responsibilities relating to CCT.”

Cannabis Law Report

PUBLISHER: CANNABIS LAW REPORT. We are publishing this Post as the foundation for a series of at least three Posts in which we will suggest best practices in the financial record-keeping for cultivators, distributors, and dispensaries [2]. CCT is collected from cultivators.

California Cannabis: Napa County Headed for a Cultivation Compromise?

Canna Law Blog

Cannabis cultivation and the means for regulating it have been contentious topics in Napa County for some time now. Following collection of those signatures, the County Board of Supervisors took up the issue on July 23 rd.

Finnish Cannabis Association Collecting Signatures To Get Referendum On Cannabis Legalization

Cannabis Law Report

Newsweed report… While cannabis is not really a political issue in Finland, a citizens’ initiative has taken up the subject and proposes to decriminalize cannabis in Finland . Finnish Cannabis Assoc : [link]. Did cannabis have a place in the political debate?

New Premium CBD Brand Cultivate Launches, Offering All-Natural Daily Wellness

Canna Newswire

We have taken great care to create safe, natural, and effective products so as to give Cultivate customers a better overall quality of life,” said Gina Champion-Cain, CEO of Cultivate, who noted that the hemp industry is set to explode into a multi-billion-dollar business within the next year or two.

B.C. cannabis co-op hopes to become largest collective producer in the world: organizer

MedicalMarijuana.ca

David Hurford estimates there are upwards of 6,000 small cannabis producers in B.C. The Vancouver man is on a mission to organize a fraction of those cannabis producers into a co-op to give them not only purchasing power, but marketing strength on the world stage. In rules that changed in late 2018, Health Canada opened up licensing to micro cultivators: a grower who has less than 200 sq.

Canna Law Blog: California Cannabis: Napa County Headed for a Cultivation Compromise?

Cannabis Law Report

Cannabis cultivation and the means for regulating it have been contentious topics in Napa County for some time now. Following collection of those signatures, the County Board of Supervisors took up the issue on July 23 rd.

California: Cannabis Cultivation Tax (“CCT”) and Cannabis Excise Tax (“CET”) Fixing The Shortfall

Cannabis Law Report

PUBLISHER: CANNABIS LAW REPORT. This Post suggests some specific changes relating to the reporting and collection of Cannabis Cultivation Tax (“CCT”) and Cannabis Excise Tax (“CET”). Some cannabis cultivators believed they had paid CCT.

Cannabis Use in the NFL – Will Policies Change?

Greenspoon Marder Cannabis Law Group Blog

By: Rachel Gillette , Partner and Chair of the Cannabis Law Practice. The National Football League (NFL) preseason is upon us, and though the players may have changed, the league’s strict cannabis policies have not. The post Cannabis Use in the NFL – Will Policies Change?

New Frontier Data Publish Report: Zimbabwe’s Emerging Hemp Cultivation Market

Cannabis Law Report

Hemp cultivation, especially given the explosive demand arising from neighboring European nations, presents a unique opportunity to Zimbabwe and other African nations well positioned to meet such demand cheaper, and possibly faster, than current suppliers from Canada and Latin America.”.

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CA: Bonta’s Attempt To Lower Sales Tax & Suspend Cultivation Taxes Doesn’t Clear Committee

Cannabis Law Report

KTVU Fox News reports… A group of state lawmakers, led by Democrat Assemblyman Rob Bonta, had hoped to temporarily lower the sales tax to 11% and suspend the cultivation taxes for 2 1/2 years to help retailers compete with prices on the black market. Cannabis Tax Intel Gumballs

Chinese-Funded Covert Cannabis Cultivation Leads to Three Los Angeles Marijuana Arrests

Marijuana Lawyer Blog

Investigators allege the men were wired millions of dollars from China in order to buy homes that would be used in illegal cannabis grow operations. The Los Angeles CANNABIS LAW Group represents growers, dispensaries, collectives, patients and those facing marijuana charges.

Do Cannabis Consumers Actually Know What They’re Buying?

Canna Newswire

HerbaBuena’s Online Store Answers the Call For ‘Conscious Cannabis’ with Quality Standards Consumers Can Trust, and California Statewide Delivery. Rose founded HerbaBuena in 2015 to set a new standard of purity, quality and sophistication for cannabis.

California: aBIZinaBOX Inc Publish Open Letter Addressing , “Second discussion paper on proposed amendments to Regulation 3700, Cannabis Excise and Cultivation Taxes”

Cannabis Law Report

PUBLISHER: CANNABIS LAW REPORT. Our next area of concern is that even though CDTFA undertook a very well publicized effort to explain the proper procedure for the calculation of cannabis, state sales, and local taxes, this educational effort does not appear to have been successful.

Cannabis Cultivation: 9 Advice Points No One Will Tell You

Otherside Farms

Cannabis cultivation has emerged as one of the fastest growing industries in the world. Whether you’re cultivating for personal recreational use, medicinal purposes, or for a business endeavor like a dispensary, growing weed is more popular than ever.

Brothers (and Sisters) in Farms: The Pros and Cons of Joining a California Cannabis Cultivation Cooperative

Canna Law Blog

California cannabis cooperatives are still going strong. Our firm’s cannabis practice group represents licensed cannabis cultivators of all sizes, ranging from the small artisanal grower to the medium/large farm with a country farmhouse to the mega farm jumbo operation.

Back to the BRC: “The ability to tax cannabis is one of the main political reasons given to support recreational legalization. A successful tax system will need to raise money to pay for increased education, public health and enforcement costs associated with marijuana cultivation and use.”

Cannabis Law Report

CPA’s” PUBLISHER: CANNABIS LAW REPORT. . The ability to tax cannabis is one of the main political reasons given to support recreational legalization. This results in two negative effects: lower actual tax collections, and a continued illicit market.

Cannabis Sustainability: GACP and GMP

Cannabis Law Report

PUBLISHER: CANNABIS LAW REPORT. THE DISCUSSION CONCERNING SUSTAINABLE CANNABIS. As the global cannabis industry grows exponentially, its rapidly evolving trajectory in the United States is commercial agriculture. So what things factor into cannabis sustainability?

Clever Leaves Receives Authorization to Begin Preliminary Cultivation Operations in Portugal

Cannabis Law Report

Pre-license for cultivation of medical cannabis allows import and cultivation of cannabis genetics. the Portuguese regulatory authority with oversight over medical products, medical devices and cosmetics, including cannabis.

Greenest Cannabis Must Start Now

Cannabis Law Report

PUBLISHER: CANNABIS LAW REPORT. cannabis industry in 2018? The scary question as discussed directly in Ryan Miller’s June 2018 article on Recycling in the Cannabis Industry : Nipping a cannabis garbage problem in the bud. NO collection boxes for me. +

Long Beach Lowers Cannabis Taxes

Canna Newswire

Supporting the regulated cannabis community saves jobs. In December 2019, the Long Beach City Council voted to lower the city’s tax rate from 6% to 1% for cannabis manufacturers, distributors and testing laboratories. About Long Beach Collective Association.

The Carbon Footprint of Legal Cannabis

CannaTech

The rapid growth of the global legal cannabis industry is often described as a “Green Rush,” yet many experts are concerned that this industry is not ‘green’. As more countries legalize cannabis production and the number of consumers explodes, the demand for grow sustainability is mounting.

BREAKING: Newsom Proposes California Cannabis Regulatory Consolidation

Canna Law Blog

On Friday, January 10, 2019, the California Bureau of Cannabis Control (BCC) issued an email press release entitled, “Consolidation of California Cannabis Licensing Authorities” concerning a budget proposal released by Governor Gavin Newsom.

Cannabis Sustainability: Minimize Wastewater

Cannabis Law Report

PUBLISHER: CANNABIS LAW REPORT. Cannabis Sustainability: Minimizing Water Waste. California, as well as being a huge state with a large population and a prime cannabis growing climate, also has a need for massive amounts of water for the cultivation of other crops.

Cannabis Sustainability: Hemp Perspectives

Cannabis Law Report

In my previous Medics Series , I tackled the tip of the iceberg on this prescient issue facing cannabis companies across the states when I asked the question: “ What about sustainability in the Florida cannabis industry? Sustainable Gardening Practices for Growing Cannabis.

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California Issues Guidance to Cannabis Distributors

Greenspoon Marder Cannabis Law Group Blog

The California Bureau of Cannabis Control (“BCC”) continued its practice of periodically releasing facts sheets in response to issues that have arisen in California’s new and burgeoning commercial cannabis market. By: Robert Finkle, Senior Counsel.

Ohio Medical Cannabis Patients Rejoice As Edibles Will Soon Be Available

MassRoots

The first medical cannabis product manufacturing license was just awarded in Ohio, giving patients in the program a reason to celebrate. In the same facility, a 25,000 square foot space is dedicated to cultivating cannabis plants. Ohio Medical Cannabis Program Update.

Medical CCAs 101 (Cannabis Cooperative Associations)

Cannabis Law Report

PUBLISHER: CANNABIS LAW REPORT. . On August 6 th we published an article that described the financial benefits of the use of a properly organized Cannabis Cooperative Association (“CCA”) to move cannabis as adult-use flower from cultivator to consumer.

California Cannabis Taxes: Missing or Uncollected ?

Cannabis Law Report

CPA’s “ PUBLISHER: CANNABIS LAW REPORT. Excessive taxes on cannabis is one of several reasons California’s roll-out of cannabis regulation is a fiasco. CET is an excise tax that is “baked into” COGS and collected from the retail consumer.

Greed & Cannabis

Cannabis Law Report

PUBLISHER: CANNABIS LAW REPORT. Our staff wrote this brief commentary as an observation relating to the state of California’s cannabis industry. Our interest in California’s cannabis industry extends far beyond taxes. Cannabis is a dangerous drug.

Washington DC Mayor Introduces “Safe Cannabis Sales Act of 2019”

Cannabis Law Report

“We want to be able to regulate, we want to be able to make sure we are collecting our fair share in taxes, we want to invest those taxes in ways that affect communities that have been disproportionately affected, and we want to train and hire D.C. Safe-Cannabis-Act-2019-Proposed-Legislation.

CA:Long Beach Lowers Cannabis Taxes

Cannabis Law Report

The Long Beach Collective Association (“ LBCA “), cannabis business owners, policy advocates, patients, consumers, and city officials came together to support the city’s legal cannabis business community to lower taxes. to support a stronger, safer legal cannabis market.”.

Medical CCA’s (Cannabis Cooperative Association) 201

Cannabis Law Report

PUBLISHER: CANNABIS LAW REPORT. This is the last of the four articles we decided to publish to illustrate the savings for consumers, and additional profits for cultivators, that can be produced through the use of a properly organized Cannabis Cooperative Association (“CCA”).

CDTFA Cannabis Tax Audits

Cannabis Law Report

CPA’s” PUBLISHER: CANNABIS LAW REPORT. CDTFA Cannabis Tax Audits – on February 28, 2019, we published [ Dispensaries Need Accurate Receipts ] to describe the financial records a dispensary must prepare and maintain as well as the receipts a dispensary must issue to.

Illinois Legislation Demands Sustainability From Indoor Cannabis Growers

Cannabis Law Report

Both recreational and medical cannabis growers in Illinois will have to meet high standards for their energy and water use. . It definitely puts Illinois at or near the top in terms of state policies for energy and environmental performance for cultivation facilities,” he said.