Golden State Elixers – Should We Obtain a Canna-Business License?
8 Pages Posted: 29 May 2018
Date Written: May 25, 2018
Golden State Elixers is a California medical cannabis collective producing cannabis tinctures. California has introduced a new regulatory regime for canna-businesses and Golden State is investigating whether to obtain a license, shut down, or join the black market. In addition to growing their business, Golden State must take into account three different government levels (Federal, State, Local) each with different laws and taxes.
Keywords: Break Even Analysis, Taxes, Levels of Government, Ethics, Black Market
JEL Classification: M41, K42
Suggested Citation: Suggested Citation