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California Cannabis Tax Collection and Penalty Nightmares

Canna Law Blog

I’ve written about the state’s tax problems extensively, but today I want to talk about what the state can do when it comes to tax collection. Specifically, the state’s cannabis laws mandate a penalty of 50 percent of the unpaid amount, on top of the 10 percent general penalty payable for late tax payments.

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Cannabis Collections Headaches and What to Do

Canna Law Blog

For the cannabis companies able to survive this rocky time, cannabis collections are becoming an increasing headache as other cannabis businesses fold and/or just ignore payment obligations. In any event, the cannabis collections process is no easy task. Suing Pretty much no one but litigators (and not even all litigators!)

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Rock Island County collects nearly $40,000 in first cannabis sales tax payout

Cannabis Law Report

The Quad City Times (IL) reports Legalization of recreational marijuana is paying off for Rock Island County , which collected $39,905 in its first monthly … Read More. The post Rock Island County collects nearly ,000 in first cannabis sales tax payout first appeared on Cannabis Law Report.

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Illinois collects $205.4M in cannabis taxes

Cannabis Law Report

The post Illinois collects $205.4M in cannabis taxes first appeared on Cannabis Law Report. The Telgraph reports About $31 million from adult-use cannabis taxes is going to nonprofits in Illinois as part of the… Read More.

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Massachusetts: Sira Naturals in Milford Workforce Ratify Collective Bargaining Agreement

Cannabis Law Report

Employees at a Massachusetts marijuana cultivation and processing facility ratified their first collective bargaining agreement, 10 months after being the first cannabis workers in the … Read More. The post Massachusetts: Sira Naturals in Milford Workforce Ratify Collective Bargaining Agreement first appeared on Cannabis Law Report.

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California, North Bay cannabis tax collections surge

Cannabis Law Report

The post California, North Bay cannabis tax collections surge first appeared on Cannabis Law Report. The North Bay Business Journal reports… Punctuating a global growth industry forecasted to be $57 billion in five years , California cannabis tax revenue … Read More.

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Heather Burke – Origin LLP : A 2020 Debt Collection Primer for California Cannabis Farmers Co-authored by Heather L. Burke (of Origin Group Law LLP) and Katy M. Young (of Ad Astra Law Group LLP) !!!  

Cannabis Law Report

The post Heather Burke - Origin LLP : A 2020 Debt Collection Primer for California Cannabis Farmers Co-authored by Heather L. Burke (of Origin Group Law LLP) and Katy M. Young (of Ad Astra Law Group LLP) !!! first appeared on Cannabis Law Report.