MEDICAL PATIENTS TO PAY 25% LESS FOR WEED IN CALI - 2018

There's a way around the 2018 California Weed tax fiasco, by owning a medical card, users can save 25% or more.

There's a way around the 2018 California Weed tax fiasco, by owning a medical card, users can save 25% or more.

"Guys, don't worry. There's a way around the tax fiasco - that is - if you have a symptom or a condition that qualifies you as a tax exempt medical marijuana patient, a legal remedy available for California's marijuana smokers. By owning a medical card, users can save up to 25% in tax savings."

 

While taxes on recreational marijuana include state imposed and sales taxes, medical marijuana is exempt from the sales tax. Having a medical marijuana card has other benefits, such as access to special strains in certain areas.
 

Recreational marijuana taxes are projected to be 45% in many jurisdictions in Cali.  There are rumblings that the tax might even be as high as 60%, but hopefully that is just a local pipe dream.  Meanwhile, the under the current laws and taking into account the various official statements, medical patients  will pay about 30% less for their marijuana come 2018.

 

This means that if you suffer from anxiety, stress, insomnia, or a serious disease, and you smoke marijuana, you want to consult with your doctor and ask him if you can qualify for a recommendation.  This process may also be completed online through Telemedicine, a process encouraged by the Medical Board of California.

 

"The state plans to treat the new system similar to liquor sales - by permitting persons aged 21 and up to acquire as much as an ounce of cannabis and legally grow up to six plants at their place of residence."
 

Approximate tax breakdown, r some such maseration thereof, not yet set in stone

 

  • 24% state tax

  • 10% local sales taxes

  • 10% + gross receipts, large operations

  • Cannabis growers taxed $9.25 per ounce for flower, and $2.75 per ounce for leaves

 

The state will also issue temporary licenses at the start of the new year as part of the revised method which will govern the retail regulation of the drug.  If businesses fail to obtain a license by the start of each period, governments will not collect their portion of the revenue.  However, under the state's multi-billion dollar industry, it's difficult to determine what the outcome may be.


 

WHAT THEY'RE SAYING

 

"Businesses in the area 'will pay a tax ranging from 1% to 20% of gross receipts, or $1 to $50 per square foot of marijuana plants.'" - CNN Money (they're going broke!)

"It's a matter of life and death": Mother grows her own...

"If taxes increase the price of cannabis beyond a certain point, the legal market becomes less competitive than the illicit market." - John Kagia, analyst for New Frontier Data within the industry.

"If taxes increase the price of cannabis beyond a certain point, the legal market becomes less competitive than the illicit market."John Kagia

"Then consumers become less likely to make the transition from the illicit market to the legal market." - Kagia

"California's black markets for cannabis were well established long before its voters legalized cannabis in November 2016 and are expected to dominate post-legalization production," the Fitch Report.

 

"Tax on legal recreational marijuana could be as much as 45 per cent when sales kick off in California in January 2018" I did find out medical cardholders will pay less of an increase, at about 20%. Whew." - Reddit

"Once the law is implemented on January 1 2018,taxes on recreational-use can be more than 60%. According to the new rules by the California authorities, the recreational users will have to even get less amount of THC and less quantity of cannabis even. Moreover if you have a medical card, you are saving almost 25% taxes on various products and you can grow more plants and consume more THC and have flexibility to use more amount of marijuana." -  Fakenews???

 

"Similar to the size of WA taxes... What will matter in the end is the price. We'll see how that shapes over the next 2 years.  Your job as an activist is to get those taxes down... If the price is too high, grow your own."

 

"The tax on legal cannabis in California is expected to skyrocket by the year 2018.  In January, cannabis consumers, growers, sellers and businesses in The Golden State may be required to pay as much as 45 per cent in local and state taxes.  The tax laws come with the state's new system which will regulate retail market."  - Express
 

The purpose is to push cannabis from farms to distribution centers and to be tested for the retail market The state will also issue temporary licenses at the start of the new year
 

"California's black markets are expected to dominate post-legalization production" - Fitch

 

 

FURTHER READING

 

dailymail.co.uk

 

  • Tax on legal recreational marijuana could be as much as 45 percent when sales kick off in California in January 2018

  • The tax on legal cannabis in California is expected to skyrocket by the year 2018
    In January, cannabis consumers, growers, sellers and businesses in The Golden State may be required to pay as much as 45 per cent in local and state taxes

  • The tax laws come with the state"s new system which will regulate retail market

  • The purpose is to push cannabis from farms to distribution centers and to be tested for the retail market

  • The state will also issue temporary licenses at the start of the new year
    Still, the Fitch report said: "California's black markets are expected to dominate post-legalization production.


 

MMJDoctoronline Notes: In 2018, medical marijuana patients will pay up to 30% less than recreational users, if they have a cannabis ID, or medical doctor's recommendation.  We provide California medical marijuana 420 evaluations 100% online.  This process takes only a few minutes of patients' time to complete and clients don't pay unless they are approved.  Documents are used at any legal dispensary, cannabis club, delivery service, cooperative of licensed vendor of MMJ.

 

How to Become a First Time Medical Marijuana Patient

 

A Guide to Medical Cannabis in California.  This guide is designed for Californian's that want to use Cannabis therapeutically for the first time.  Cannabis or MMJ refers to the fresh Marijuana plant and dried buds that are used for smoking/vaporizing or producing edibles and extracts. The contents of the following paragraph alone should be enough to get you going.   Subsequent material elaborates on the basics of Marijuana therapy and provides valuable information that every MMJ "veteran" should know (but often does not).


MMJDOCTORONLINE has made the process to legally access Medical Cannabis very simple.  Using a Telehealth compliant system, you can complete an application online within minutes, using only a, PC, smartphone, ipad, laptop or other computer gadget.  New patients can apply here, online for a physician's 420 Medical Cannabis Recommendation that allows patients to legally purchase Medical Marijuana from any dispensary or club in the State of California.   Doctor's Recommendation - How to become a Medical Cannabis patient...

 

GROWING MARIJUANA IN CALIFORNIA - THE NEW RULES 2018

 

What am I legal to do now with cannabis in California?

• Possess, transport, obtain or give away to other adults 21 or older no more than one oz of cannabis or 8 grams of concentrated cannabis.

• Cultivate up to six plants per residence and possess the cannabis produced by these plants (subject to "reasonable regulations" by local governments).

How can I get a license to cultivate or sell cannabis now that Proposition 64 has passed?

Those won't be issued until 2018, until a bureau can be set up to issue regulations and applications. See general information about starting cannabis businesses.

We expect a reconciliation bill with the existing medical cannabis licensing bureau. You can contact them and get on their mailing list here. You should employ an lawyer and also start working on gaining local support, because locals will have to license retail shops and cultivators, or at least not ban them.

When and where can I cultivate my six plants, and how can I get clones or seeds to cultivate cannabis now that it's legal?

 

You can cultivate your six plants per parcel of land at your residence now, subject to "reasonable regulations" by local governments, which may also ban outdoor cultivation. A great many locals have already banned outdoor cannabis cultivation, and others are moving to ban or adopt regulations in the wake of Proposition 64.   We expect litigation over what a "reasonable regulation" is......

Labels: tax medical marijuana card cannabid ID recommendation evaluation money law

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