Starting July 1, 2025, cannabis retailers across California will face a significant tax shift: the cannabis excise tax rate will increase from 15% to 19% of gross receipts from retail cannabis sales. This 4% jump announced by the California Department of Tax and Fee Administration (CDTFA) is not arbitrary. It’s a recalibration mandated by Revenue… Continue reading How to Stay Ahead of California’s 2025 Cannabis Tax Hike
Tag: Cannabis CPA California
The Impact of AB 1775 On-Premise Consumption in California
The state of California recently passed AB 1775, which for the first time will allow for Amsterdam-style cannabis cafes and restaurants throughout the state. The introduction of on-premise consumption marks a significant change to the state’s regulatory framework, so it’s critical for cannabis operators to remain compliant. Here’s everything you need to know. Key Features… Continue reading The Impact of AB 1775 On-Premise Consumption in California