On January 2, 2024, the California Department of Cannabis Control (“DCC”) announced plans to adopt emergency regulations to implement Senate Bill No. 833 (“SB-833”), which Governor Gavin Newsom signed into law last fall and which adds Section 26061.5 to the Business and Professions Code, relating to cannabis. Under these regulations, beginning no later than March …
Continue reading “DCC Announces New Cultivation Renewal Options Beginning This March”
The cannabis industry has long been plagued by the challenges posed by illicit businesses, creating an uneven playing field for law-abiding, taxpaying cannabis retailers. Licensed establishments have grappled with regulatory hurdles, high taxes and unfair competition from unlicensed operators. The frustration among licensed cannabis businesses has reached a tipping point, prompting the California Legislature to …
Earlier this month, California Governor Gavin Newsom signed several major pieces of cannabis-related legislation into law, while vetoing others. Each is briefly summarized below, based on information provided by California Legislative Information. If you have any questions about anything here, please feel free to contact a member of our team and we will be happy …
Continue reading “Governor Newsom Signs Major Cannabis Legislation into Law”
The California Department of Cannabis Control (DCC) has adopted the final version of cannabis regulations. These regulations went into effect on November 7, 2022. The full text of the regulations can be found here. A summary of the major changes affecting all license types is below. Stay tuned for more – next week’s blog post …
Effective September 26, 2022, the Department of Cannabis Regulation (DCR) updated its Rules and Regulations. One significant aspect of these updates is the incorporation of the new Legal Business Entity Record process into the pre-application phase of the licensing process. Another component is that DCR has clarified the regulations for delivery operations, including the vehicle …
Continue reading “Summary of Changes to DCR Rules and Regulations Effective September 26, 2022”
Introduction On August 9, the Los Angeles County Board of Supervisors (“LACBOS”) approved a resolution to place a proposed Cannabis Business Tax (the “Tax”) on the ballot for the upcoming November 8, 2022, election. The proposed Tax is directed at commercial cannabis businesses operating in the unincorporated areas of Los Angeles County and must be …
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On June 30, 2022, California Governor Gavin Newsom approved Assembly Bill (“AB”) 195, enacting various changes to the State’s cannabis regulations that will roll out over the next few years. Among those changes is an update to the Business & Professions Code (“BPC”) section on labor peace agreements (“LPAs”). The BPC defines an LPA for …
Continue reading “Updated Labor Peace Agreement (LPA) Regulations in AB-195 (Cannabis Trailer Bill)”
On June 30, 2022, California Governor Gavin Newsom signed a $308,000,000,000 state budget and implementing legislation including AB195. Most headlines regarding the new state budget concern direct tax refunds to Californians, combatting homelessness and reproductive care. But AB195 makes important changes to taxation of California commercial cannabis businesses, enforcement, and delivery. KVK is issuing the …
Continue reading “California Governor Gavin Newsom Approves Cannabis Trailer Bill: AB-195”
The City of Los Angeles Department of Cannabis Regulation will accept Social Equity Individual Applicant verification requests from May 26, 2022, to July 25, 2022, at 4:00 p.m. Pacific Time. The requirements for the Social Equity Individual Applicant verification are below. Verification of a Social Equity Individual Application (“SEIA”) is required to submit a commercial …
There are some exciting cannabis tax bills currently pending in the California legislature that, if passed, will affect your businesses. Below is a summary of key changes proposed by these important tax bills. AB 2792 – Cannabis; Excise Tax; Cultivation Tax Author: Blanca Rubio and Cristina Garcia This bill, if passed, would: Eliminate mark-up …
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