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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. Or you might be a distributor that distributes product to retailers on net terms.

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Oregon Cannabis: How Many Retailers Will Close Due to Gov. Kotek’s New Tax Compliance Missive?

Canna Law Blog

As reported by Sophie Peel of the Willamette Week, on May 16, Governor Kotek issued a directive to the OLCC to make state tax compliance a requirement for the agency to issue or renew cannabis retail licenses. Oregon is somewhat unique in that it only taxes marijuana at the point of sale to a retail customer. We don’t know.

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Article: Get Ready to Pay: California Cannabis Excise Tax Shifts to Retailers

Cannabis Law Report

The responsibility for collection and payment of tax to the California Department of Tax and Fee Administration (CDTFA) will transfer from distributors to cannabis retailers. Their article On January 1, 2023, changes are coming to the cannabis excise tax in California. Changes for Cannabis Distributors: […]

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New Jersey: Lawmakers Advance Important Marijuana Law Reform Bills

NORML

These bills would legalize the personal possession of one ounce or less of cannabis and would regulate and tax the adult-use and retail sale. Taxing marijuana sales at three-percent, which will be collected by or paid to municipalities wherever retail stores exist. Some highlights of this landmark legislation are-.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Eighteen states have laws that legalize, tax, and regulate cannabis for adults 21 and older (the 2020 voter-approved adult-use legalization law in South Dakota was overturned by the state’s Supreme Court in November 2021). million) | Tax rate: 15% wholesale, 15% special retail. Colorado (pop. of the population enrolled.

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Northeaster University study published by the Massachusetts Cannabis Business Association – Massachusetts municipalities have collected more than $53 million in cannabis “impact” fees

Cannabis Law Report

Massachusetts municipalities have collected more than $53 million in “impact” fees from cannabis companies since the launch of adult-use sales in 2018, according to a Northeaster University study published by the Massachusetts Cannabis Business Association outlined in a Boston Globe report. The Franklin Observer writes.

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DoorDash Partnering with Cannabis Retailer Superette in Toronto

Cannabis Law Report

DoorDash is entering the cannabis industry via a partnership with Toronto-based cannabis retailer Superette. DoorDash Canada is partnering with cannabis retailer Superette to provide cannabis pickup in Toronto, Ontario , marking DoorDash’s first foray into cannabis. DoorDash Partnering with Cannabis Retailer Superette in Toronto.

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