Investor Presentaiton

California State Tobacco License Penalties Penalties for noncompliance with the state tobacco license requirement may result in a fine of up to $5,000, imprisonment up to one year, or both* Failure to post the state tobacco license may result in a fine of $500* • CDTFA investigators and local law enforcement officers inspect tobacco retailers for compliance with tobacco licensing and other tobacco laws *Cigarette and Tobacco Products Licensing Act of 2003, Division 8.6 (commencing with section 22970) of the California Business and Professions Code

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