Grover Beach, CA lowers cannabis tax rates

  Some local jurisdictions across California have realized that to stay competitive and to bring, and to keep, consumers out of the black market, they need to lower their ambitiously high cannabis tax rates. Among them is Grover Beach in San Luis Obispo County. Effective May 7, 2018, Grover City reduced its commercial cannabis tax rate[…]

Simi Valley, Thousand Oaks, Oxnard place cannabis business tax measures on November ballots

More cities are looking to impose cannabis taxes, even some that currently do not allow commercial recreational cannabis. The Simi Valley, Thousand Oaks and Oxnard city councils have placed measures on their cities’ Nov. 6 ballots that will ask voters whether marijuana businesses in their respective towns should be taxed. Source: Simi Valley, Thousand Oaks,[…]

Taxnexus Enables Cannabis Taxpayers with Automated Tax Compliance Solution.

With the new wave of cannabis legalization, not only do cannabis businesses (aka “taxpayers”) have to comply with stringent product regulations, but also with complicated tax laws. The complexity of taxes is especially felt by cannabis taxpayers in states like California where the state regulators have not placed a standard for localities for implementing cannabis[…]