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].

Rep Heck: We’re late to implement the SAFE Banking Act. Read his press release, the draft bill & full meeting package

Cannabis Law Report

Since state and federal law are not aligned on the issue, legal and legitimate businesses are forced to operate on a cash-only basis creating a serious public safety risk for employees, businesses and communities, as well as providing an opportunity for tax evasion, money laundering and other white-collar crimes. To continue to do nothing to protect public safety would be negligence.”. Full meeting package available . FIRST CONGRESSIONAL HEARING HELD ON CANNABIS BANKING.

NORML Chapter Newsletter, February 2019

NORML

“Ultimately, the only thing that will stop large-scale profiteers and the environmental and public safety harms they cause is marijuana legalization at the federal level.” “The state is collecting millions more than they expend every year.

Media 148

Cannabis Waste Is ‘Special Regulated Waste’ and That’s a Costly Problem for the Industry

Cannabis Law Report

Example: California has three separate cannabis agencies: Bureau of Cannabis Control, CalCannabis Cultivation Licensing and the Manufactured Cannabis Safety Branch. This includes packaging, soil and everything else that comes into contact with THC.

The Week in Cannabis: South Korea’s Cannabis Caution, Cultured Cannabinoids, & California’s New Rules

Marijuana Packaging

California’s New Packaging Rules and Regulations. The changes place the brunt of the responsibility for child resistance on dispensaries, giving manufacturers and producers until 2020 to get their packaging up to state compliance standards.

Washington: WSLCB Publish Their 2019 Cannabis Topics & Trends Alerts

Cannabis Law Report

1, 2020 Effective Date for All Marijuana Products, Packaging and Labeling. 1, 2020 Effective Date for All Marijuana Products, Packaging and Labeling. On January 9, 2019 the Board approved a motion to make the effective date for all marijuana product, packaging and labeling requirements Jan 1, 2020. You can read more about product packaging and labeling requirements on the Understanding Board Interim Policies for Packaging and Labeling section of the LCB website.

What is the Nevada Dispensary Association?

Connor & Connor PLLC

This allowed for a bump in tax revenue the State would not have collected otherwise. The Association also supported legislation that implemented consumer safety rules, such as limits on servings and requiring child-resistant packaging. The Nevada Dispensary Association (“NDA”), a non-profit trade association, was formed in 2014 with a mission to develop and promote best practices in Nevada’s medical marijuana industry.

CannTrust Expects Significant Q1 Earnings

WeedAdvisor

Licensed producers may differ in many ways, but one thing they had in common was their collective struggle to remain profitable. These include tracking, safety, efficiency and compliance – to name a few.

MediPharm Labs Enters into Agreements with Australian Licensed Producer & Forms Multiple Cannabis Supply Partnerships to Advance Australian Market Leadership

Cannabis Law Report

Andrew Cormack, Head of Production , brings considerable senior experience from GMP pharmaceutical, nutraceutical and food companies, having managed product launches, facility buildouts and large workforces to achieve quality, cost and safety targets.

You can now get a license to grow and sell cannabis from the state of California

Meadow

I don’t really know, as Hezekiah was alluding to on the collective question, people have to have their come-to-Jesus moment. And then another question of okay, so you’re a retailer, you’ve got flour in your inventory, what are you going to do with it if it’s not packaged?

The Top 5 Most Dangerous Cannabis Contracts in California

Canna Law Blog

Obviously, work in the cannabis industry for attorneys is way more than just state license acquisition. In fact, after a few years and with the exception of competitive licensing regimes, state licensing slows down and is usually taken in-house by cannabis companies that formulate compliance teams.

How Risk Management Can Make Marijuana Businesses Bulletproof (or at Least Bullet Resistant)

Cannabis Law Report

Although people are a Marijuana Related Business’ most valuable asset, and their welfare is the first priority, even the most safety-conscious businesses experience job-related injuries costing thousands in medical expenses and lost productivity. Steve Schain. GUEST WRITER.

California: Licensing Cannabis Cooperative Associations

Cannabis Law Report

A CCA is a collective of cannabis cultivators. The Medicinal and Adult-Use Cannabis Regulation and Safety Act (MAUCRSA) does not require that “[a]ny individual or entity engaged in business in California’s commercial cannabis industry must be licensed.”

California Implements Cannabis Regulation

Cannabis Law Report

We were prompted to write this Post by the publication of an article explaining some of the reasons California’s cannabis tax collections fell so far behind projections. Cannabis tax collections fell far short of projections.

How Risk Management Can Make Marijuana Businesses Bulletproof

Cannabis Law Report

Although people are a Marijuana Related Business’ most valuable asset, and their welfare is the first priority, even the most safety-conscious businesses experience job-related injuries costing thousands in medical expenses and lost productivity.

Article – Reed Smith: UK: Cannabis In The UK – A Regulatory Environment In Transition?

Cannabis Law Report

The Regulations set out how controlled drugs can be used legally for legitimate purposes and the various restrictions on import, export, production, possession and supply that apply, as well as the different labelling, record-keeping, destruction and safety requirements that are applicable based on the schedule to the Regulations that governs the controlled drug. 19 August 2019. Authors – Carolyn E. Pepper and Jess Parry.

The Nevada Independent Provides A Great Review Of All Current Legislation

Cannabis Law Report

Taxation chief Melanie Young noted that once the agency took up the mantle of regulating marijuana in 2017, the task has dominated the workload and prevented it from moving forward on improving processes for collecting the $7 billion in other taxes they collect.

Today’s Vape Developments 12 September 2019

Cannabis Law Report

As an industry, our primary concern is the safety and well-being of our consumers. Although investigations and data collection are ongoing, it appears that most, if not all, of the reported cannabis-related cases so far stem from products sourced from the unregulated criminal market.

CANNABIS AND CEQA

Cannabis Law Report

The Medical and Adult Use Cannabis Regulation and Safety Act (“MAUCRSA”) adopted a combined regulatory scheme for medical and adult-use cannabis based on Proposition 64. If you wish to re-publish this story please do so with following accreditation. AUTHOR: aBIZinaBOX Inc. and Jordan S.

CalCannabis Harming CCA’s

Cannabis Law Report

B&P §26001(k) states such activity “includes the cultivation, possession, manufacture, distribution, processing, storing, laboratory testing, packaging, labeling, transportation, delivery, or sale of cannabis and cannabis products as provided for in this division.”.

California: Cannabis Regulatory Agency Representation – Qualifications of A Representative.

Cannabis Law Report

These three agencies are: Bureau of Cannabis Control “BCC” [Retail, Retail-Delivery, Distribution – Packaging], California Dept. of Public Health “CDPH” Manufactured Cannabis Safety Board “MCSB” – [Manufacturing, Processing, Extraction], California Dept.

California: Which Set of Books?

Cannabis Law Report

The Sales Tax laws arms CDTFA with the power to impose personal liability on corporate officers and other “responsible persons” for failures to collect and pay-over Sales Tax [7]. If you wish to republish this story please do so with following accreditation. AUTHOR: JORDAN ZOOT.

Formation and Set Up of Cannabis Industry Business

Cannabis Law Report

We have had significant issues with Tax Marketing HQ , and we highlight a significant collection of inappropriate, crude and otherwise inappropriate comments at Smelly Stinky EA. [4] If you wish to re-publish this story please do so with following accreditation. AUTHOR: aBIZinaBOX Inc.