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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 Distributor is the “choke” point in the supply chain.

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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

Back to the BRC – while 2015 seems like ancient history, however, that was when then Lt. This results in two negative effects: lower actual tax collections, and a continued illicit market. The levels of mark-up and profits sought by Cultivators vs. Distributors vs. Dispensaries have significant impact on the market.

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Back to the BRC

Cannabis Law Report

Back to the BRC – while 2015 seems like ancient history, however, that was when then Lt. This results in two negative effects: lower actual tax collections, and a continued illicit market. The levels of mark-up and profits sought by Cultivators vs. Distributors vs. Dispensaries have significant impact on the market.

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Veriheal’s Innovation in Cannabis Scholarship 2020 Winners

Veriheal

Her impressive background includes working in medical dispensaries in Los Angeles under Prop 215 in and prior to legalization and regulation under Prop 64. Supply chains are disrupted as a result, and consumers grow fearful of buying hemp. Furthermore, law enforcement is sometimes unaware of changes in federal law.

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A Pattern of Excellence: Roland Paanakker Joins CanIdeal’s Advisory Board to help Build Amazon of Cannabis

Cannabis Law Report

The abbreviated history of CanIDeal is already steeped with seasoned tech veterans lending their input and the team keeps getting stronger, with e-commerce guru former VP / CIO of Nike, Roland Paanakker joining their Advisory Board to guide and further hone the company’s digital platform. CanIdeal collects revenue by keeping 2.5%

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How Texas Original Compassionate Cultivation Weathered the State’s Winter Storm

SpeedWeed

How did you find yourself one of the few history makers in the cannabis industry? In 2008, I was invited by a colleague to sit on the Board of the San Diego Medical Marijuana Collective, and subsequently ended up purchasing the company. After owning and operating that company I opened a second dispensary, Chi Holistic Collective.

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Meet the Revolutionary Doctor Who Legalized Drugs in Mexico Back in 1940

SpeedWeed

But Magali Ocaña Salazar would like to remind everyone of an important bit of nearly-forgotten history: Her grandfather helped legalize all drugs in Mexico — in 1940. In a rare in-depth newspaper interview published in 1938, the doctor proposed a program in which medical professionals would administer drugs to regular users via dispensaries.