Back in January of last year, California’s cannabis industry braced themselves as METRC’s 6-month emergency regulations took effect. Then, as July 1st neared, and the introductory window came to a close, the industry held their breath in anticipation of the state’s track and trace system (CCTT) coming online in full force. But instead of awarding operators with their permanent annual licenses as expected, the state decided to issue blanket extensions to all temporary license holders instead — and did this repeatedly until the end of 2018.
Since ushering in adult-use in California, the annual 4/20 holiday will go down as one of the industry’s biggest retail days ever. In an effort to maintain the momentum gained, we’re excited to announce a variety of new features to help you work faster and provide your customers with an even better shopping experience.
Setting the Bar Higher: Excise Tax Management
January 1, 2018… the date everyone in the industry was waiting and waiting and waiting on has become somewhat of the boogie man. Not everyone understands it. How does it look? How does it feel? What does it mean for me and my business? For the purpose of our discussion, January 1 should be interpreted as the date your business enters into the state-regulated market.