In the Weeds:
Check out these additional resources from our blog, your source for Cannabis business info:
- Checklist: The Tax Forms You Need to File as a Cannabusiness in California
- What You Need to Know About Obtaining a Cannabis Manufacturing License
- Convert Your Cannabis Non-Profit Into a For-Profit (and put more money in your pocket)
- Everything you need to know about California’s Cannabis Excise and Cultivation taxes
- New Rule Alert: California Cannabis Operators Must Pay Taxes to Get Seller’s Permit
- 5 Tax Questions To Ask When Structuring Your Canna-business
- Cathedral City, CA – Cannabis License Opportunities
- Best Practices for Cannabis License Applications
- New California Cannabis Taxes Begin January 2018
- Medical Cannabis Applications Available in Adelanto, CA
- Internal Revenue Code 280 and its application to California Corporations
Title: California Could Extend ‘Sanctuary State’ Status to Marijuana. Democratic lawmakers push back against Sessions reversal of Obama-era protections for pot
Author: Washington Free Beacon
Date: 17 January 2018
Protecting the state’s burgeoning cannabis industry is the latest front in California’s war with the Trump administration, as state officials work to make California a so-called “sanctuary state” for the marijuana industry.
The effort borrows the sanctuary idea from a controversial California law passed last year limiting local law enforcement’s efforts to work with federal authorities to arrest and deport illegal immigrants.
Assemblyman Reggie Jones-Sawyer, a Democrat who represents part of Los Angeles, is determined to protect the burgeoning billion-dollar marijuana industry in the state from federal prosecution by reviving a bill that stalled in the Senate in June after passing in the Assembly.
Title: Pot IP: California’s Secretary of State Accepting Applications for Marijuana Trademarks . The office of Secretary of State Alex Padilla began accepting applications for marijuana-related trademarks earlier this month.
Date: 16 January 2018
Extract: In a nod to the recent legalization and regulation of a recreational market, California’s secretary of state is accepting applications for marijuana-related trademarks
Sam Mahood, a spokesman for Secretary of State Alex Padilla, confirmed that with last year’s passage of legislation creating the framework for legal medicinal and recreational sales and adoption of emergency operating regulations, “the secretary of state’s office made the determination to register cannabis trademarks and service marks that are lawfully in commerce under California law.”
Title: Humboldt County vets cannabis advisory committee to vet tax concerns
Author: Times Standard News
Date: 16 January 2018
With California’s cannabis market now in full effect, the Humboldt County Board of Supervisors is proposing to create new public advisory body to help guide the county through the new era of regulation.
Planning and Building Director John Ford, whose department oversees cannabis permitting in the county, raised the idea of potentially creating an advisory committee made up of regulators and industry stakeholders to advise on the evolution of the industry.
“I think the market and the business and the industry is going to transform maybe faster than anybody could have envisioned now that the state regulations are out,” Ford said to the board on Tuesday.
The board voted unanimously Tuesday morning to disband its medical marijuana ad hoc committee and form a new ad hoc committee that will be tasked with determining what the new advisory committee’s makeup and function would be.
The ad hoc committee was also tasked with reviewing complaints from cultivators about the county’s cultivation tax model and reviewing the county’s track-and-trace system for cannabis businesses. Board chairman and 5th District Supervisor Ryan Sundberg and 2nd District Supervisor Estelle Fennell were selected to serve on the new ad hoc committee.