CALIFORNIA CPA
Colfax! The city is accepting cannabis retail applications. Colfax has a total of four retail cannabis business permits available, so competition will be fierce. Here’s what you need to know to submit a great application.
Next, LA: we published the second installment of our three-part series on Los Angeles’ cannabis ordinances, rules, and restrictions. Click here for details of Los Angeles’ zoning regulations.
Finally, should you give away free samples of your product? While samples are a great marketing tool, there are tax implications you should be aware of.
Read more: The Tax Implications of Offering Free Cannabis Samples.
YUCCA VALLEY
Title: Cannabis Illegal in Yucca Valley, big business in low desert
Author: Hi Desert Star
Date: 12 April 2018
URL: http://www.hidesertstar.com/news/article_34d85886-3e78-11e8-af6e-537cff4ef6c5.html
Extract:
MORONGO BASIN — At the start of the new year, recreational marijuana became legal in the state of California, marking a shift in the California marijuana industry and the state’s overall economy.
With the passing of Proposition 64, marijuana market data firm BDS Analytics, estimated that $1.5 billion in additional revenue could flood into California this fiscal year.
Marijuana sales are illegal in the Morongo Basin, but in the nearby Riverside County desert cities, recreational marijuana storefronts and farms are already emerging. Cannabis businesses from across the state gathered for the Coachella Valley Cannabis Alliance Network Convention this weekend.
“This convention was an opportunity to bring all the businesses and politicians together,” said Jason Elsasser, founder and president of CVCAN. “Coachella Valley is positioned as the supply hub of California and this event is catered to these businesses.”
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