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We recently wrote about the closure of California’s High Road Cannabis Tax Credit. In another example of California’s disregard for the cannabis industry, it now appears the Department of Cannabis Control’s Equity Fee Waiver is no longer being offered. Many are worried that the CDTFA’s Vendor Compensation, whose application requires that a business be approved […]
On June 30, 2022, Governor Gavin Newsom signed California Assembly Bill 195 into law, a bill specific to the cannabis industry. One of the goals of this bill was to bring tax relief to a class of businesses notoriously challenged by heavy taxes. To this end, the Franchise Tax Board is offering two tax credits: […]
