420 CPA provides accounting services, tax preparation and planning, tax resolution, and advisory services to cannabis businesses in California and nationwide.
REMINDER: TOMORROW at 10AM PST: Calling all CANNABIS OPERATORS – AND ACTIVISTS
🛑 STOP CALIFORNIA’S CANNABIS EXCISE TAX GRAB!
Check out my interview with Elliot Lewis of Catalyst Cannabis Co. at The Emerald Cup.
⬇️Full announcement from Elliot Lewis and Catalyst Cannabis Co. below ⬇️
STAND WITH CATALYST AND ALL of CALIFORNIA CANNABIS INDUSTRY
AT 10AM ON AUGUST 29th
AND PROTEST REG 3802!
The CDTFA is set to make permanent Emergency Regulation 3802, forcing cannabis retailers to charge excise tax on optional tangible personal property (accessories component of vape – for example) and costing businesses and their customers potentially hundreds of millions of dollars in additional excise taxes.
This regulation opposes the will of the people as stated in Prop 64and Regulation 3700, which has always allowed retailers to separate accessories from cannabis oil on their receipts, only charging customers excise tax on the cannabis oil. Reg. 3802 was rushed into law in October 2023 without even proper public input or participation.
This is an overreach of government and taxing authority of CDTFA. Please join us in a show of force and numbers. Goal is to have A THOUSAND OR MORE attend.
HNHPC, Inc., parent company of Catalyst Cannabis Company, along with owner CEO Elliot Lewis, have filed suit to fight the CDTFA and the Office of Administrative Law, which are attempting to ramrod Reg. 3802 into effect as permanent tax code. We need to stand with them by joining the online Microsoft Teams meeting on Thursday, August 29, 2024, at 10AM. Right now, California’s cannabis taxes are some of the highest in the nation. California also collected more cannabis taxes in than any other state in 2023.
If Reg. 3802 can be rolled back, it will go a long way to making cannabis taxes more reasonable and give our legal cannabis industry a fighting chance to be competitive during these difficult times!
You may join the meeting on your computer or mobile app through Microsoft Teams or by calling 1-916-5350987 and then entering the phone conference identification number 365 922
32#.
https://lnkd.in/gHe5rUyTBeard Bros PharmsJeff LeversBill Levers
Oh, what a night...
Last night, the The Cannabis Chamber of Commerce hosted an exceptional networking mixer in Los Angeles, and what an incredible evening it was! I had the pleasure of joining the event with my team, and we were all thrilled by the turnout and the energy. Events like these that gather leaders and innovators from the cannabis industry are not just enjoyable—they're essential for forging connections and driving our industry forward.
This event was very well attended! I'm always excited to see so many dedicated professionals coming together and finding ways to advance the cannabis sector collectively.
Looking ahead, the Cannabis Chamber of Commerce isn't slowing down, with events scheduled from coast-to-coast in cities like New York, San Francisco, Denver, and Irvine, CA. If you're in the industry and haven't yet attended one of these mixers, I highly encourage you to do so. It's a wonderful opportunity to connect with other leaders and perhaps consider joining the Chamber. The benefits of being part of such an amazing community are immense, especially as the Chamber plans to expand into new regions and unveil more networking opportunities in the coming months.
Let’s keep building strong connections and pushing boundaries together. Hope to see many of you at the next event!
#CannabisIndustry#Networking#Leadership#CannabisChamberOfCommerce
Great chat today with Elliot Lane of Benzinga Cannabis on Beard Bros Media Linked in Live. Honored to be the host of a monthly podcast covering all topics finance in a series entitled « Financing your Future- Insights from a Fractional CFO . » Stay tuned for upcoming dates!
Special thanks to the team Beard Bros Pharms, Jeff Levers, Bill Levers, Brian Holler, and Elliot Lane for joining me 🌟
Hello, friends! The Beard Bros. Media and team is expanding, and this time, we’re taking the party to LinkedIn Live! That’s right, we’re rolling out a series of B2B conversations designed to spark up dialogue, share knowledge, and illuminate the ever-growing cannabis industry.
Beard Bros PharmsElliot LaneJeff LeversBill LeversBrian Holler
Hello, friends! The Beard Bros. Media and team is expanding, and this time, we’re taking the party to LinkedIn Live! That’s right, we’re rolling out a series of B2B conversations designed to spark up dialogue, share knowledge, and illuminate the ever-growing cannabis industry.
Beard Bros PharmsElliot LaneJeff LeversBill LeversBrian Holler