Reminder. Link: https://lnkd.in/gXixgTe2
SAVE THE DATE: ****AUGUST 29, 10:00AM*** Calling all CANNABIS OPERATORS – AND ACTIVISTS STOP CALIFORNIA’S CANNABIS EXCISE TAX GRAB! 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 64 and 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 Co. , 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. Click the link below to help.