The San Diego Union-Tribune: November 6, 2019 – San Diego is seeing increased tax revenue from legal marijuana sales.
City officials in San Diego are reporting a $1.4 million rise in marijuana tax revenue during the final quarter of the fiscal year that ended June 30. This brought the total cannabis tax revenue from more than $8.2 million.
When asked about the surge, attorney McElfresh indicated that prior confusion about tax compliance and “appointment,” which determines how jurisdictions should divide up tax on transactions was to blame for collection hurdles.
“It’s a confusing concept, and it does take some practice,” McElfresh said. Read the full article.
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McElfresh Law provides advice and legal counsel to marijuana-related businesses throughout California about licensing, permitting, compliance, and lawfully operating a cannabis business.
California marijuana lawyer Jessica McElfresh has helped countless cannabis entrepreneurs establish their business, secure their licenses, and remain compliant. For a consultation, contact McElfresh Law today at (858) 756-7107 to schedule an appointment.