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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]. “A

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New York Adult-Use Cannabis Rules and Regulations: They’re (Almost) Here

Canna Law Blog

Here are the big takeaways from the preview, broken down by license type : Cultivation License. The regulations create 5 tiers of cultivation licenses that are differentiated by light source. The regulations incentivize sustainable cultivation practices and limited energy utilization including outdoor cultivation.

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OLCC Issues Marijuana Product Recall

Cannabis Law Report

Portland, OR — The Oregon Liquor Control Commission is issuing an immediate health and safety advisory due to the identification of potentially unsafe pesticide residue on plant material used in a packaged retail marijuana product. The product was sold through nine OLCC licensed marijuana retailers around Oregon.

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Duallok Supports Canadian Cannabis Brands With Stock of Child-Resistant Packaging Available in Toronto

SpeedWeed

Salpy Boyajian joined Flower One in October of 2018 following the acquisition of NLV Organics (NLVO), a renowned consumer brand and luxury cultivator she co-founded in 2014. Debby Goldsberry Executive Director, Magnolia Wellness, FLOR Co-Founder, Berkeley Patients Group collective . Michelle Simakis. Editor, Cannabis Business Times.

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MariMed Launches Hemp Engine™ Marketing Platform for CBD Distributors, Retailers and Consumers

Cannabis Law Report

A turnkey retail and educational in-store platform for emerging CBD sector. Provides major benefits to both small and mass market retailers and their customers. The Hemp Engine solution includes a complete “store-within-a-store” package, pre-stocked with a range of CBD products centered on a retailer’s particular criteria.

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Medical CCAs 101 (Cannabis Cooperative Associations)

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. In this illustration we have assumed a sale of 250 packages of flower for $40 per 8-gram package.

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Harborside Health Center v. Commissioner: Implications for the Cannabis Industry and Their Tax Advisors

Cannabis Law Report

On November 29, 2018 the United States Tax Court issued its long-awaited decision: Patients Mutual Assistance Collective Corporation dba Harborside Health Center v. Implications for Non-Retail Cannabis Businesses. Harborside’s business operations, as described in the court’s decision, is a retail operation.