Tag Archive: tax

All About the Paper: Receipts and Documentation Best Practices

By | May 18, 2018 at 10:03 am
cannabis, california, accounting, advisory, accounting, receipts, best practices

“What information should receipts, transport manifests and other documents include to meet the demands of regulatory compliance?” This is a common question ELLO’s advisors are fielding from business operators in California’s burgeoning cannabis market. Navigating the complex web of regulatory...

California Cannabis Tax & Payment Guide

By | January 16, 2018 at 2:30 pm

With the opening of the legal adult-use cannabis market in California, cannabis business owners and operators now find themselves navigating a complex system of taxes and payments at every stage of the cannabis sales lifecycle. To ease the transition to...

Are You Prepared for a CDTFA Audit?

By | October 12, 2017 at 2:53 pm

In the course of providing consulting and financial services, our advisors encounter a multitude of issues affecting the day-to-day operations of our cannabis industry clients. This series shares the operational and financial lessons we learn in the field to help...

What You Need to Know About Prop 64

By | March 5, 2017 at 10:07 am

Now that voters have made recreational marijuana legal in California, city and county executives are facing a myriad of questions associated with the local implementation of Prop 64 [the Adult Use of Marijuana Act (AUMA)]. What are the regulatory implications?...

Uncharted Territory

By | February 21, 2017 at 9:49 am

Cannabis businesses in California are starting to experience more and more regulatory hurdles. With cities and counties continuing to develop and publish new regulatory code and marijuana statutes, the compliance landscape in California is emerging. The number of regulatory agencies...