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Exporting CBD Food Just Got Harder: The European Union Makes a Move

Canna Law Blog

We’ve been writing a lot on this blog about the regulation and sale of cannabidiol (“CBD”) products at the state and federal levels. The United States is not the only international actor, however, that is concerned with regulating the sale of CBD products, including CBD-infused foods. extracts of Cannabis sativa L.

Food 86
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The Status of Cannabis Legalization in the South

Cannabis Law Report

Although there is no excise tax on medical cannabis, there is a medical cannabis special privilege tax of 4% of the gross receipts or gross proceeds derived from the sale of usable cannabis to be collected by cultivation facilities, dispensaries, or other cannabis businesses and remitted to the Department of Finance and Administration.

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Harborside & Nor Cal Opinions. Dispensaries, Don’t Despair. There Are Solutions

Cannabis Law Report

These opinions create an opportunity for a cannabis dispensary to exclude from gross revenue a substantial portion of the money collected from cannabis consumers. If you wish to re-publish this story please do so with following accreditation. AUTHOR: aBIZinaBOX Inc. CPAs – Jordan S. PUBLISHER: CANNABIS LAW REPORT.

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Pew Report: Forecasts Hazy for State Marijuana Revenue

Cannabis Law Report

But now that 10 states and the District of Columbia have legalized recreational marijuana, officials are grappling with projecting collections from a new sin tax. But now that 10 states and the District of Columbia have legalized recreational marijuana, officials are grappling with projecting collections from a new sin tax.

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Oregon Hemp: Another Round of ODA Rules

Canna Law Blog

Since 2015 the number of licensed hemp growers has climbed from 13 to 584 (with much of that in the past two years) and hemp acreage has rapidly expanded to 11,000 acres. Lastly, the new rules propose to increase the cost for agricultural hemp seed producer application fees by $380 (from $120 to $500).

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Searching for the origin of Blue Dream marijuana strain

SpeedWeed

The strain was the number #1 seller in both Washington and Colorado in 2015 and was also the only type of cannabis that crossed over as a top seller in both places. Marine fog casts a gray haze and fills the air with palpable moisture on the coastal bluff overlooking the vast blue expanse of the Pacific Ocean. A stone-cold fan favorite.

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Taxation Of A Medical Marijuana Business – How Will The Ninth Circuit Hold?

Cannabis Law Report

Also during those years, California allowed the collective or cooperative cultivation of marijuana for medicinal purposes. Deductions. All taxpayers – including “drug traffickers” – pay tax only on their gross income, which is equal to the excess of their gross receipts over their cost of goods sold (“COGS”). Deduction v.