The latest news and updates on the Monterey County Cannabis Industry
Important Updates from Monterey County
Monterey County Cultivation Cannabis Tax Rates
Indoor | Mixed-Light | Nurseries | |
---|---|---|---|
Year 1 (7/1/2018) | $8/square foot | $5/square foot | $1/square foot |
Year 2 (7/1/2019) | $8/square foot | $5/square foot | $1/square foot |
Year 3 (7/1/2020) | $9/square foot | $6/square foot | $2/square foot |
Year 4 (7/1/2021) | $10/square foot | $7/square foot | $3/square foot |
Year 5 (7/1/2022) | $11/square foot | $8/square foot | $4/square foot |
Year 6 (7/1/2023) | $12/square foot | $9/square foot | $5/square foot |
Year 7 (7/1/2024) | $13/square foot | $10/square foot | $6/square foot |
Monterey County Gross Receipts Cannabis Tax Rates
Manu | Distro | Retail | |
---|---|---|---|
Year 1 (7/1/2018) | 2.5% gross | 2% gross | 4% gross |
Year 2 (7/1/2019) | 3.5% gross | 3% gross | 4.5% gross |
Year 3 (7/1/2020) | 4.5% gross | 4% gross | 5% gross |
Year 4 (7/1/2021) | 5.5% gross | 5% gross | 5.5% gross |
Year 5 (7/1/2022) | 6.5% gross | 6% gross | 6% gross |
Year 6 (7/1/2023) | 7.5% gross | 7% gross | 6.5% gross |
Year 7 (7/1/2024) | 8.5% gross | 8% gross | 7% gross |
Federal News
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County aims for home rule on marijuana - YourObserver.com
on January 28, 2021 at 2:50 am
County aims for home rule on marijuana YourObserver.com […]
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Cannabis advocates tweak their legislative priorities amid Texas' budget shortfall - KWTX
on January 28, 2021 at 1:56 am
Cannabis advocates tweak their legislative priorities amid Texas' budget shortfall KWTX […]
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High-speed chase that ended in crash nets Winston-Salem five year sentence for federal firearms...
on January 28, 2021 at 12:30 am
High-speed chase that ended in crash nets Winston-Salem five year sentence for federal firearms […]
California News
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Jay-Z creates $10M fund to seed minority-owned cannabis startups - KIRO Seattle
on January 28, 2021 at 4:57 am
Jay-Z creates $10M fund to seed minority-owned cannabis startups KIRO Seatt […]
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Fintech Week in Review - January 2021 #3 | Perkins Coie - JDSupra - JD Supra
on January 28, 2021 at 3:50 am
Fintech Week in Review - January 2021 #3 | Perkins Coie - JDSupra JD Supra […]
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Council to Reconsider Cannabis Ordinance - Fullerton Observer
on January 28, 2021 at 3:18 am
Council to Reconsider Cannabis Ordinance Fullerton Observer […]
Monterey News
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An early morning fire puts Googie Grill's kitchen out of commission. - Monterey County Weekly
on January 28, 2021 at 1:48 am
An early morning fire puts Googie Grill's kitchen out of commission. Monterey County Weekly […]
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The law and the music: Carmel Valley’s Rosen was a high-profile lawyer and musician - Monterey...
on January 23, 2021 at 6:51 pm
The law and the music: Carmel Valley’s Rosen was a high-profile lawyer and musician Monterey […]
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Political consultant and high school coach John Fickas pleads to drugging, raping students. -...
on January 22, 2021 at 8:00 pm
Political consultant and high school coach John Fickas pleads to drugging, raping […]