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Friday, October 18 • 8:30am - 10:00am
Cannabis Trends, Tax Compliance, & the Impacts of Hemp on Cities (B, H, L)

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Since the passage of Prop 64 cities in California have dealt with the fiscal impacts and benefits of allowing cannabis business in their community. This presentation will discuss how cannabis trends have evolved and changed the landscape of local municipalities. Furthermore, we will discuss the lessons learned from the implementation from the collection of taxes, cash handling, the challenges of tax apportionment, the impacts of delivery services on retail store revenues, Mergers & Acquisitions and the red flags of projecting revenues from cannabis operations in the budget process. Finally, we will examine how the “Impacts of Hemp” will reshape the economic development of cannabis businesses in California.

avatar for Dave McPherson

Dave McPherson

Compliance Director
David McPherson is the Compliance Director for HdL Companies. Prior to joining the firm, David served 28 years in local government for the County of Orange and the cities of Newport Beach, San Jose and Oakland.  David is recognized in California as one of the leading experts in cannabis... Read More →

Friday October 18, 2019 8:30am - 10:00am PDT
Cortez I