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
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
End of California’s 2022 Legislative Session Brings Changes for Cannabis Operators
The California legislative session ends on August 31st each year and the Governor has until mid-October to veto or sign the legislation. In the 2022 legislative session there were
California 2022/2023 Budget Bill Includes Changes Affecting the Cannabis Industry
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