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 a legal market and help cannabis businesses attain compliance as soon as possible, we’ve developed this guide providing essential information in an easy-to-follow format.
Inside you’ll find essential information on topics like the cannabis excise tax, cultivation tax, and where and how to collect and pay sales tax. Plus, there is operational and bookkeeping advice and specific step-by-step instructions for distributors, retailers, cultivators and manufacturers.
If you have any questions or would like to schedule a consultation with ELLO’s expert team of advisors, please feel free to reach out to us.