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(Updated) Legal Weed: California Lawmakers Have Full Agenda for Week of June 11, 2018

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Legal Weed: California Lawmakers Have Full Agenda for Week of June 11, 2018

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It is sure to be another busy week in Sacramento, California, for proposed cannabis legislation. Nine hearings are scheduled during the week of June 11, 2018. This week, California state legislators will hear cannabis bills pertaining to tax revenue, licensing and applications, as well as commercial regulations and enforcement.

 

AB 2555, a bill to amend sections of the Business and Professions code, would define “immature cannabis plant,” “mature cannabis plant,” and “plant.” Additionally, instead of requiring a unique identifier to be issued for each cannabis plant, the bill would require a unique identifier to be issued for each mature cannabis plant. Sponsored by Democratic Assembly member Ken Cooley, AB 2555 was scheduled for a hearing on Monday June 11, 2018, before the Senate Business, Professions and Economic Development Committee....

 

 

 

https://www.marijuana.com/news/2018/06/legal-weed-california-lawmakers-have-full-agenda-for-week-of-june-11-2018/

 


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Legal Weed: How California Lawmakers Voted on Marijuana Legislation for June 11-15, 2018

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This week, California state legislators heard cannabis bills pertaining to tax revenue, licensing and applications, as well as commercial regulations and enforcement.

 

AB 2555, a bill to amend sections of the Business and Professions code, would redefine key cannabis terminology, requiring an identifier to be issued only for “mature cannabis plants,” as defined by the amendment. AB 2555 was scheduled for a hearing on Monday June 11, 2018, but was rescheduled by the Senate Business, Professions and Economic Development committee for June 25, 2016.

 

AB 1741 would allow some cannabis business to continue to pay their tax liability with cash if  their monthly estimated tax liability fell below $20,000 per month. Cannabis businesses with a monthly tax liability over $20,000 would be required to pay via electronic transfer. AB 1741 passed the Senate Governance and Finance Committee with a 6-1 vote Wednesday, June 13, 2018,, and has been referred to the Senate Appropriations committee, where it awaits a hearing date.....

 

 

 

 

 

https://www.marijuana.com/news/2018/06/legal-weed-how-california-lawmakers-voted-on-marijuana-legislation-for-june-11-15-2018/


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