California § 34012.2. 34012.2. (Added by Stats. 2021, Ch. 70, Sec. 114.)

California Statutes

§ 34012.2. — 34012.2. (Added by Stats. 2021, Ch. 70, Sec. 114.)

California § 34012.2.

JurisdictionCalifornia

Code RTCRevenue and Taxation Code - RTC

Div. 2.DIVISION 2. OTHER TAXES

Part 14.5.PART 14.5. Cannabis Tax

Ch. 2.CHAPTER 2. Cannabis Taxes

This text of California § 34012.2. (34012.2. (Added by Stats. 2021, Ch. 70, Sec. 114.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Revenue and Taxation Code - RTC Code § 34012.2. (2026).

Text

(a)On and after January 1, 2022, there is exempt from the cultivation tax imposed pursuant to Section 34012 the cultivation of all harvested cannabis that will be, or has been, designated a trade sample pursuant to Section 26153.1 of the Business and Professions Code and all harvested cannabis that is used to manufacture a cannabis product that is designated a trade sample pursuant to Section 26153.1 of the Business and Professions Code.

(b)The department shall adopt regulations prescribing the procedures for how the exemption provided in subdivision (a) shall be implemented.

(c)A person licensed under Division 10 (commencing with Section 26000) of the Business and Professions Code that sells cannabis exempt from the cultivation tax pursuant to subdivision (a) or sells any cannabi

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(a)
On and after January 1, 2022, there is exempt from the cultivation tax imposed pursuant to Section 34012 the cultivation of all harvested cannabis that will be, or has been, designated a trade sample pursuant to Section 26153.1 of the Business and Professions Code and all harvested cannabis that is used to manufacture a cannabis product that is designated a trade sample pursuant to Section 26153.1 of the Business and Professions Code.
(b)
The department shall adopt regulations prescribing the procedures for how the exemption provided in subdivision (a) shall be implemented.
(c)
A person licensed under Division 10 (commencing with Section 26000) of the Business and
Professions Code that sells cannabis exempt from the cultivation tax pursuant to subdivision (a) or sells any cannabis product that is manufactured with cannabis exempt from the cultivation tax pursuant to subdivision (a) shall be liable for the cultivation tax imposed by Section 34012 as if the person were a cultivator of the cannabis at the time of sale.
(d)
Notwithstanding any other law, the department may adopt and readopt emergency regulations to implement this section. The provisions of this section shall be applicable to emergency regulations adopted or readopted pursuant to this section. The emergency regulations authorized by this section shall be deemed an emergency and necessary for the immediate preservation of public peace, health, safety or general welfare.