Blog
DEA Proposal to Reclassify Cannabis to Schedule III
On May 16, 2024, the U.S. Drug Enforcement Administration (DEA) issued a proposed rule that could transform the cannabis regulatory landscape by reclassifying cannabis from Schedul
CDTFA Proposes Changes to How Excise Tax Is Calculated: Comments Needed From Cannabis Industry by October 20, 2023
On October 12, 2023, the California Department of Tax and Fee Administration (CDTFA) held a public meeting regarding its proposed adoption of emergency Regulation 3802, Gross Recei
DCC Implements Standard Cannabinoid Test Methods & Standards to Combat THC Potency Inflation
New Cannabinoid Testing Standards for Flower and Non-Infused Pre-rolls To combat cannabinoid labeling inaccuracy and THC potency inflation fraud, last year the DCC developed new re
HHS Recommends Reclassification of Cannabis to Schedule III: This is just the beginning
In a significant development, on August 29, 2023, Assistant Secretary for Health at the Department of Health and Human Services (HHS), Rachel Levine, sent a letter to the Drug Enfo
Top 5 Compliance Tips: Cannabis licensees should review their standard operating procedures
Below are my current Top 5 Compliance Tips. Cannabis licensees should review their standard operating procedures at least once per year and ensure that employees are following them
5 Cannabis Bills Proposed by the California Legislature
So far this year there are already 32 bills that have been introduced that if passed would affect operating a legal cannabis business in California. I have selected five bills that
New Delivery Inventory Ledgers Required to be Created in Metric
As the California Legislature does each summer, a state budget is passed and the Governor signs the budget. As part of this arduous budget negotiation process, the Legislature ofte
Recent California Tax Changes Effective April 1, 2023 and Emergency Tax Relief
As the California Legislature does each summer, a state budget is passed and the Governor signs the budget. As part of this arduous budget negotiation process, the Legislature ofte
Cannabis Excise Tax Changes Begin January 1, 2023
Beginning January 1, 2023 the collection and payment of the 15% cannabis excise tax changes from the distributor to the retailer. Since we began the legal cannabis industry here in