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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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Cannabis Compliance Companies Join Forces To Further Safe Practices Within Industry

Cannabis Law Report

–(BUSINESS WIRE)–Cannabis compliance consulting firms Allay Consulting , iComply Cannabis , GMP Collective and TraceTrust today announced the formation of the Cannabis Compliance Alliance , a collaborative group created to put the cannabis industry on the same footing as mainstream business sectors. About GMP Collective.

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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. Track Town Collective, 3675 Franklin Blvd., The Joint, 3270 Market Street NE, Salem.

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California Cannabis Industry Has Provided $2.8 Billion in Tax Revenue Since 2018

SpeedWeed

million in cultivation tax and $1 billion in state sales tax during the course of the past 3 1/2 years. They could also drastically simplify the tax collection process and make it harder to cheat, which will raise tax revenue, by moving the tax collection all to the point of sale. billion, which includes $1.4 Bringing in $40.4

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NAACP’s Vision For Fair Legalization, SC’s High Rise Bar, NY’s Rec. Setbacks

Veriheal

High Rise Dry Bar located on James Island is a collaboration between High Rise Beverage Company, known for CBD and THC seltzers, and Charleston Hemp Collective. This development has disappointed various cannabis industry stakeholders including advocates, cultivators, and prospective entrepreneurs. Let us know in the comments!

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Washington Cannabis Bills to Watch in 2022

Cannabis Law Report

Expanding regulatory authority over cannabinoids that may be impairing and providing for enhanced product safety and consumer information disclosure about marijuana products.”. or more milligrams per serving or two or more milligrams total in the packaged product of any cannabinoid that may be impairing. Products that contain 0.5

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Cannabis, Learn How to Win from the Alcohol Industry  – Cannabis Business Executive

SpeedWeed

A new, well-organized marketplace where consumers could easily buy safe, high quality products, and states could collect new tax revenues, was the intended result behind cannabis legalization. Those same high taxes are also hindering new product testing and efforts to standardize packaging. Pricing is key to the black maret’s success.