California Regulators Offer 60-Day License Fee Deferrals to Cannabis Businesses During COVID-19 Pandemic

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Young female scientist holding pipette in the lab wearing protective equipment

U.S, May 18, 2020 (CANNABISBUSINESSTIMES) California’s three cannabis licensing authorities announced May 14 that businesses with licenses that expire between now and June 30 may request a 60-day deferral of their licensing fee payments, according to a state press release.

The deferrals are meant to provide financial assistance to cannabis businesses that have been impacted by the ongoing COVID-19 pandemic.

The Bureau of Cannabis Control (BCC), California Department of Food & Agriculture (CDFA) and California Department of Public Health (CDPH) will immediately start accepting requests for fee relief, and with a deferral, licensing fees will be due 60 days from the date of expiration.

California’s cannabis industry is also eligible for tax assistance offered by the California Department of Tax & Fee Administration and the Franchise Tax board, as announced last month.