For Immediate Release
February 8, 2024
Contact: Yating Campbell
Office of Public Affairs
CDTFA Holding Public Auction for Property Seized During Cannabis Enforcement Actions
February 16 Personal Property Auction is the First of its Kind in California's Cannabis Industry
Sacramento — California Department of Tax & Fee Administration (CDTFA), in partnership with the California Highway Patrol (CHP), will sell property seized from ten cannabis businesses at a public auction on February 16, 2024, in Los Angeles.
The items were seized as a result of search warrants served to collect taxes owed by ten cannabis businesses; nine were illegal businesses, and one was a legal dispensary with unpaid taxes. This is the first time CDTFA is auctioning personal property seized during cannabis enforcement operations. Proceeds from the auction will apply toward the liabilities owed by each of the ten debtors.
“Seizing and auctioning property from cannabis businesses that evade the law is a tool to recover the taxes owed to the state,” said CDTFA Director Nick Maduros.
Items will be sold “as is” to the highest bidder and include furniture, electronics, appliances, miscellaneous office supplies, and cannabis manufacturing equipment. All items need to be collected on the day of the auction with payments made by cash, money order, or cashier's check.
Cannabis Industry Property Auction
February 16, 2024
9 a.m. preview and registration to bid; 10 a.m. bidding starts
CHP parking lot at 777 W. Washington Blvd, Los Angeles, CA 90015
CDTFA identifies illegal businesses and works with state, federal, and local agencies to help shut down non-compliant businesses and recover taxes owed. In addition to this auction, CDTFA has auctioned commercial property associated with non-compliant cannabis businesses. To report suspected tax fraud activity, call toll-free 1-888-334-3300 or file an anonymous online complaint.
The California Department of Tax and Fee Administration (CDTFA) administers California's sales and use, fuel, tobacco, alcohol, cannabis taxes, and other taxes and fees that fund specific state programs. CDTFA-administered programs accounted for more than $96.2 billion last fiscal year, supporting essential local services such as transportation, public safety and health, libraries, schools, social services, and natural resource management programs through the distribution of tax dollars going directly to local communities.