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Author: George Boyadjian

About George Boyadjian

Founder of 420 College.

marijuana taxes, Medical marijuana tax advances in state Senate, TAXES, by

Medical marijuana tax advances in state Senate

SACRAMENTO – The California Senate is backing a 15 percent sales tax for medical marijuana. State officials estimate the bill approved Wednesday would raise about $250 million per year, much of it for state parks, drug treatment programs and the state general fund. Democratic Sen. Mike McGuire of Healdsburg says his bill will also generate money to help local governments manage marijuana-related problems. Senators approved SB987 on a 27-9 vote, sending it to the state …
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Long Beach City to Begin Verification of Petition for Repeal of Medical Marijuana Dispensary Ban

Twenty-two boxes containing about 35,000 petition signatures of registered Long Beach voters who are in favor of repealing the city’s ban on medical marijuana dispensaries were delivered to the city clerk’s office Wednesday. The submission activates an in-depth verification process that could land the measure on the November ballot, allowing Long Beach voters to ultimately decide whether or not a ban is warranted. “I believe that it will pass easily in the November election,” said …
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Santa Ana marijuana dispensary endorses Loretta Sanchez

SANTA ANA – In her bid to replace outgoing U.S. Sen. Barbara Boxer, Rep. Loretta Sanchez is getting a glowing endorsement from an industry that’s increasingly dabbling in politics: legal marijuana. The CEO of the first licensed medical marijuana dispensary in Orange County sent a letter to some 80,000 area customers encouraging them to support Sanchez, D-Orange, in the race against the leading contender, state Attorney General Kamala Harris. David De Wyk with South Coast …
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Santa Catalina Island to vote on marijuana dispensary

From a veranda overlooking Avalon harbor, real estate broker Mark Malan gazed at oceanfront cottages, a curved promenade and passing sailboats with brightly colored pennants. To tourists, it was a place to bask in sun and surf just an hour from the California coast. But that’s not what the Long Beach businessman saw. Malan aims to turn his real estate office here into the first medical marijuana dispensary on Santa Catalina Island, and he’s trying …
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Accounting for marijuana business
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Accounting for marijuana business

There are a number of accounting problems faced by marijuana business owners today and this is the reason it is crucial to hire an expert and experienced accountant to handle all the financial aspects of running this kind of business. Accounting for marijuana business is an important service that you must take advantage of. One of the common problems that you can come across is not keeping proper track of your accounts. This problem arises …
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accounting for marijuana collectives
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Bookkeeping for marijuana collectives

Do you run a marijuana collective? Whether you already own one or are looking to start one, you must understand the importance of bookkeeping for marijuana collectives. There are many reasons why this service is of utmost importance for your business. As a marijuana business owner, you must know that you may face problems with having an account with a bank where you can securely keep your money. If banks don’t agree to give you …
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Bookkeeping for marijuana business

If you have been successful in setting up a cannabis business, then there are certain steps that you must take to ensure that your business runs smoothly and legally. One of the first and most important things you must do is avail bookkeeping for marijuana business service. There are many reasons for this, but the most common is keeping a track of your accounts. If you are a beginner in the industry and are not …
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IRS Code 280E
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IRS Code 280E

Running a marijuana business, but don’t know how to deal with the IRS Code 280E? You don’t need to worry because there are qualified accountants who can handle this issue for you. The IRS Code 280E is one of the major problems faced by marijuana business owners today. This is because marijuana is illegal federally and the income that is generated through the running of the business is also illegal under the federal law. The entire …
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