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Tax Incentives for California Cannabis Businesses

By Omar Figueroa and Lauren Mendelsohn March 20, 2023 Starting in 2023, the State of California is providing several tax incentives for owners of certain types of cannabis businesses. Below we will be discussing the High-Road Cannabis Tax Credit, the Cannabis Equity Tax Credit, and Vendor Compensation for qualifying equity […]

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Changes to Excise Tax Responsibilities for Retailers and Distributors Coming January 1

By Lauren Mendelsohn November 3, 2022   Significant changes to California’s cannabis excise tax are coming soon, thanks to Assembly Bill 195 (2021-2022), a cannabis “trailer bill” which was adopted by the State legislature over the summer and signed into law by Governor Gavin Newsom on June 30, 2022. We […]

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