70) will also allow cannabis licensees to provide trade samples to other licensees for targeted advertising of cannabis and cannabis products under the Department of Cannabis Control's regulations. Assembly Bill 141ĭepartment of Cannabis Control – Assembly Bill 141 (Stats 2021, ch 70) effective July 12, 2021, consolidates the three state cannabis programs into one new state department, the Department of Cannabis Control within the Business, Consumer Services, and Housing Agency and transfers the corresponding powers, duties, functions, and responsibilities to that department.Ĭannabis Trade Samples – Assembly Bill 141 (AB) (Stats. The mark-up rate must be used by distributors to compute the average market price of cannabis or cannabis products sold or transferred to a cannabis retailer in an arm's length transaction.įor more information on the cultivation tax rates increase and mark-up rate, please see our Special Notice, Cannabis Rates Effective January 1, 2022.įor current cannabis mark-up and tax rates, see our Special Taxes and Fees rate page, under Cannabis Taxes. We are responsible for determining the mark-up rate every six months. Mark-up Rate – We have determined the cannabis mark-up rate will remain at 80 percent through June 30, 2022.
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