Laws, Regulations and Annotations


Business Taxes Law Guide—Revision 2024

Cannabis Tax Law

Revenue and Taxation Code

Division 2. Other Taxes
Part 14.5. Cannabis Tax
Chapter 2. Cannabis Taxes

Section 34012.3

34012.3. Cultivation tax. (a) The cannabis excise tax required to be collected by a cannabis retailer, and any amount not returned to the purchaser that is not tax but was collected from the purchaser under the representation by the cannabis retailer that it was tax, constitutes debt owed by the cannabis retailer to this state.

(b) This section shall become operative on January 1, 2023.

History—Added by Stats. 2022, Ch. 56 (AB 195), in effect June 30, 2022.