Tag Archives: regulation

Tag Archives: regulation

Are You Prepared for a CDTFA Audit?

By: Chelsey Miles | October 12, 2017 at 2:53 pm

In the course of providing consulting and accounting services, our CPAs and advisors encounter a multitude of issues affecting the day-to-day operations of our cannabis industry clients. This series shares the operational and accounting lessons we learn in the field to help develop and promote best practices benefiting the cannabis industry. The Client ELLO provided…
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Seed-to-Sale Tracking: Cannabis Inventory Management

By: Evan Eneman and Pranav Sood | June 9, 2017 at 7:13 pm

If keeping fresh stock on the shelves is a priority, optimal inventory tracking is an essential component of your business model . A company that has a holistic inventory view -- of where products originate, where they are currently, and where they are going -- can maximize their cash position, minimize waste and fraud, remain…
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Challenges & Opportunities of Cannabis Taxes and Regulations

By: Evan Eneman | May 12, 2017 at 8:25 pm

On January 1, 2018, California will join states like Colorado, Oregon and Washington in the regulation and taxation of cannabis for both medical and non-medical use. Cities and counties across California are looking to cannabis businesses as a source of additional tax revenue. This strategy is the logical choice for meeting the expected expenses associated…
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Navigating the Marijuana Regulatory Environment in California

By: Evan Eneman | April 15, 2017 at 8:20 pm

With the passing of California’s Medical Cannabis Regulation and Safety Act (“MCRSA”), California begins the process of evolving from a largely unregulated market to a state- and local-regulated medical marijuana framework. The result should prove to be one of the most complex and comprehensive medical marijuana markets in the United States. Following is a summary…
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What You Need to Know About Prop 64

By: Scott Johnson | March 5, 2017 at 10:07 am

Now that voters have made recreational marijuana legal in California, city and county executives are facing a myriad of questions associated with the local implementation of Prop 64 [the Adult Use of Marijuana Act (AUMA)]. What are the regulatory implications? How does the new law reconcile with existing medical marijuana guidelines? How will recreational marijuana…
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