The City of Los Angeles Department of Cannabis Regulation will accept Social Equity Individual Applicant verification requests from May 26, 2022, to July 25, 2022, at 4:00 p.m. Pacific Time. The requirements for the Social Equity Individual Applicant verification are below. Verification of a Social Equity Individual Application (“SEIA”) is required to submit a commercial …
There are some exciting cannabis tax bills currently pending in the California legislature that, if passed, will affect your businesses. Below is a summary of key changes proposed by these important tax bills. AB 2792 – Cannabis; Excise Tax; Cultivation Tax Author: Blanca Rubio and Cristina Garcia This bill, if passed, would: Eliminate mark-up …
In anticipation of the cannabis industry’s celebration of 4/20, the following are tips and reminders for cannabis retailers to remain compliant: Marketing / Advertising BRANDED MERCHANDISE If you are preparing to sell, donate, or give away Branded merchandise on 4/20, please do not forget that any Branded Merchandise that is sold or given to customers …
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The Corporate Transparency Act (the “CTA”) is part of the Anti-Money Laundering Act of 2020, which in turn is part of the National Defense Authorization Act for Fiscal Year 2021 (“NDAA”). The CTA’s purpose is to implement uniform federal ownership disclosure for every company in the United States. Owners of licensed commercial cannabis businesses are …
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On January 1, 2022 the California Department of Food and Agriculture implemented new regulations regarding the California Cannabis Appellations program. The Appellations Program allows Licensed Cannabis Cultivators to establish an Appellation of Origin (“AOO”) which allows the cultivators to market their cannabis as produced from a geographically specific and unique region. Essentially, an AOO makes …
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