california

Financial Operations

With our team of CPAs and financial experts that specialize in the cannabis industry, GreenGrowth CPAs is here to ensure that your business is set up for success. We create feedback loops for consistent optimization and compliance for your cannabis company. Maintaining...

As of January, 2020, distributors need to know about the CDTFA's changes to California's cannabis excise tax. 

• Distributors will need to pay the excise tax more frequently, and the basis that they calculate the cannabis excise tax on could be lowered, but the markup on that basis has...

Last month, the California Department of Tax and Fee Administration announced an increase in the cannabis excise tax. Starting January 1, 2020, the new markup rate will be 80%, an increase from the original markup of 60%.  

This week’s cannabis updates from the state of California come from Los Angeles, Hesperia, Sacramento, and Oceanside. Plus, an important update in regards to starting a hemp business in the US. 

Check out this week’s California cannabis news from Lassen County, Hemet, Bellflower, and Los Angeles. 

This week’s California cannabis updates are from La Mesa, Corning, Oxnard, and the Bureau of Cannabis Control.

As a cannabis operator, you’re probably sick of having to contend with the many, frequent taxes due to the state and local government. Cannabis distributors, cultivators, and manufacturers are all responsible for different taxes, in addition to federal taxes required of all business...

As summer starts to wind down, it’s been relatively quiet on the California cannabis news front. This week’s headlines feature from Oxnard, California, the California Bureau of Cannabis Control, and Los Angeles. If you have any questions, feel free to get in touch with our team. 

Cannabis distributors play a big role in collecting and paying taxes in California's cannabis industry. 

• Distributors are responsible for collecting cannabis tax from the cultivators and manufacturers with whom they work.
• Distributor licenses are tricky to obtain to variable zoning...