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California Police Auctioning Off Seized Cannabis Merchandise

Veriheal

Collectively, the ten dispensaries owe more than $14.4 The Los Angeles Police Department collected bongs, cannabis manufacturing equipment, and furnishings including a snow cone machine, artwork, TVs, cameras, a refrigerator, and other miscellaneous office supplies. Ten Los Angeles-based cannabis businesses were recently raided.

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Washington State Eliminates Medical Cannabis Taxation

Canna Law Blog

In November 2012, Washington voters approved the production, processing, and retail sales of recreational cannabis within Washington state under what is known as Initiative 502 (“I-502”). Cannabis sales in Washington state are currently taxed at a rate of 37%, in addition to the general state and local sales and use taxes.

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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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British Virgin Isles Says Govt Has Not Entered “The Marijuana Business” Just “the government will be involved in the sale of medicinal marijuana products”. 

Cannabis Law Report

BVI news reports………While government is making moves to have medicinal marijuana become a revenue-generating measure for the BVI, Minister responsible for Health and Social Development Carvin Malone wants to make it clear that “government has not entered the marijuana business”. Premier Andrew Fahie. He did not elaborate.

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Oregon Retailers Of Cannabis Association Publish Final Newsletter Of 2019

Cannabis Law Report

Major Sponsors: Bridge City Collective. Sacred Herb Medicinals. This totals to -1 Labs, 0 Processors, 1 Farm, 0 Retailers, and -1 Wholesalers. This report tracks the average wholesale cost of retail flower across the state. Special thanks to our major sponsors and partners – We could not have done it with out you!

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California Governor Proposes a Cannabis Tax Reduction in an Effort to Shore Up the Legal Market

Cannabis Law Report

The 15% excise tax on cannabis sales would remain, and the collection and remittance of that tax would be limited to retail sales beginning January 1, 2023. per ounce of fresh cannabis plant, and these taxes are paid on all recreational and medicinal cultivation of cannabis. Currently, the cultivation tax rates are $10.08

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California: City of Vista clean-up ordinance returns tax funds to cannabis businesses

Cannabis Law Report

VISTA — To alleviate pressures on cannabis businesses, the City of Vista cleaned up its rules to return hundreds of dollars in overpayments back to local dispensaries, and to collect some missing fees. Many overpaid the city, while there were some underpayments.