“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 demands is a priority for businesses, and clear and accurate documentation is a reliable way to maintain regulatory compliance, and demonstrate due diligence should an issue arise.
In this guide we’ve provided concrete examples of our recommended format for receipts, shipping manifests, and invoices so you can track essential information and maintain detailed records. We’ve also included core information about the taxation responsibilities that guide every transaction.