Archives: FAQs

When and where will people be able to buy recreational cannabis?

Stores selling non-medical cannabis can open on or before Jan. 1, 2018, as a state program for retail licenses is implemented. Cannabis dispensaries can begin applying for temporary state licenses for recreational cannabis next year, but over-the-counter pot sales aren’t expected until next summer. Cannabis products only can be sold at licensed dispensaries, not at … Continued

When do regulations start?

In the next 45 days, the state of California will spend $5 million on a public education campaign and $30 million to pay for regulators to begin to draft rules for the legal cannabis industry. The first state rulemaking hearings should be announced in early 2017. Local cities and counties will also begin agendizing cannabis … Continued

How to do your certified annual audit:

Initial annual certified audit filings for Collectives that have completed their fiscal year period on or before December 31, 2016 are due by February 15, 2017. The annual certified audit must take the form of either:  An Independent Financial Audit, or An Audit Review by an Independent Certified Public Accountant As provided in section 18-617.5 … Continued

Do cities that ban or regulate medical marijuana businesses need to update their ordinances to include non-medical cannabis?

Proposition 64 prohibits state licensing authorities from issuing a license to a commercial non-medical marijuana business if operation of the business violates a local ordinance of the jurisdiction in which the business will operate. This means that a city wishing to adopt business or land use regulations prohibiting or regulating commercial non-medical marijuana businesses must … Continued

When is your certified annual audit due?

An annual certified audit filing (“annual audit”) is due to the City by February 15, 2017 for permitted Collectives that have completed one or more initial calendar or fiscal tax year(s) (including short tax years) on or before December 31, 2016. For Collectives that have completed more than one year of operation in the city … Continued

When and how do I file my certified annual audit?

The certified annual audit required under Santa Ana Municipal Code (SAMC) section 18-617.5 [Audits] is due by February 15 of each year. The certified annual audit must reflect your Medical Marijuana Collective/Cooperative’s (“Collective’s”) operations occurring during your declared fiscal year ending on or before December 31st of the preceding year and must address the criteria … Continued

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