Cannabis Law Report

NOVEMBER 24, 2019

If left to their own devices in Cannabis, a mixed bag of state regulations will continue to confuse the market as they rush to implement policies that are challenging for business and almost impossible for the consumer to understand. QUESTION: What’s the state of the Cannabis business today? . We all have to do better.

Business 95

Business Data Wellness and Beauty Safety 95

SpeedWeed

APRIL 20, 2021

That means companies whose business models rely on regularly shipping hemp or hemp-related products may need to pivot — or deal with sharp increases in the cost of getting products to customers. It advises that should such a ban come to pass, companies may be able to apply for an exemption on the grounds that they are a legal business.

Vaping 52

Vaping Hemp Business CBD 52

Canna Law Blog

MARCH 13, 2024

Meanwhile, groups such as the Indigenous Cannabis Industry Association underscore the blend of business savvy and creativity Indigenous people bring to the industry. Furthermore, MLCV’s commitment to compliance with forthcoming state regulations demonstrates a proactive and responsible approach to cannabis cultivation and sale.

Supply Chain 82

Supply Chain Cultivation Recreational Cannabis 82

Cannabis Law Report

MAY 24, 2022

was improper given the prohibition against spending federal funds to prosecute criminal defendants for marijuana-related offenses contained in the Rohrabacher-Farr Amendment (now known as the Joyce-Blumenauer Amendment), a congressional appropriations rider, which has been in place since 2015. 801 et seq.,

Compliance 52

Compliance Compliance Law Patients 52

NORML

JULY 16, 2019

” Patient Seminars II – Home Cultivation and Compliance. Please make plans to join us for our Patient Seminar II: Home Cultivation and Compliance. Are you a business owner who would like to sponsor one of our upcoming meeting or events? We will be breaking all of this information down into easy-to-understand steps.

Cultivation 141

Cultivation Compliance Compliance Patients 141

MJ Business Attorneys

DECEMBER 11, 2018

More recently, in 2015 he wrote a letter to lawmakers urging them not to suggest any sentencing reform bills. Knowing the myriad of complex laws and having a team of trusted advisors in this industry are critical to success and compliance. Read his full bio at MJBusinessAttorneys.com.

Legalization 113

Legalization Policy Marijuana Compliance 113

Cannabis Law Report

OCTOBER 8, 2021

The filings mark the latest development in a protracted legal battle stemming from a falling-out between Feder and others with whom he allegedly united to pool knowledge and resources in 2015 in an effort to score one of the coveted, newly available marijuana business licenses in New York’s medical cannabis program. OUR VISION.

Compliance 97

Compliance Compliance Business Policy 97

Cannabis Law Report

MARCH 22, 2022

Please join Ariel Clark and Katie Podein of Clark Howell LLP, along with Veronica Perez and Anh Nguyen of Veronica Perez & Associates and Jonatan Cvetko of the United Cannabis Business Association as they take a deep dive into the new LA County cannabis program and address questions from attendees during this hour-long webinar.

Supply Chain 52

Supply Chain Environment Compliance Compliance 52

Cannabis Law Report

JULY 20, 2021

The creation of this standalone cannabis department is part of a larger effort to improve access to licensure, simplify regulatory oversight and support California businesses. Compliance Division – Richard Parrott. Elliott was the Governor’s Senior Advisor on Cannabis at the Governor’s Office of Business and Economic Development.

Research and Development 105

Research and Development Compliance Compliance Food 105

MMJ Recs

OCTOBER 13, 2023

The state established the Medical Cannabis Regulation and Safety Act (MCRSA) in 2015, leading to the creation of the Bureau of Medical Cannabis Regulation and the introduction of a regulatory framework for MMJ dispensaries, cultivators, and manufacturers. California has since continued to refine its MMJ laws.

Patients 52

Patients Law Cultivation Dispensary 52

Canna Law Blog

MAY 22, 2023

We have been working with the Oregon Liquor and Cannabis Commission incessantly since 2015, when rulemaking commenced for the adult use program. Over the years, we’ve dealt with many, many compliance-related issues, including Notices of Proposed License Cancellation to licensee clients from OLCC. Some of them couldn’t afford to fight.

Policy 94

Policy Compliance Compliance Supply Chain 94

Cannabis Law Report

JULY 7, 2022

In enforcing the local regulation, which bars cultivation of more than 99 medical cannabis plants, the County Sheriff’s office seized 2,200 plants from the Granny Purps in the summer of 2015. Granny Purps alleges this seizure forced the company to shutter. Please contact your Sheppard Mullin attorney contact for additional information.

State Laws 52

State Laws Compliance Compliance Cultivation 52

Cannabis Law Report

FEBRUARY 3, 2022

–(BUSINESS WIRE)– PSI Labs , an Ann Arbor, Michigan-based ISO 17025 accredited Safety Compliance Facility that provides essential cannabis testing services, today announced its expansion of services after a strong performance in 2021, including a strategic acquisition of pH Solutions, LLC in Monrovia, California.

Research and Development 52

Research and Development Safety Advocacy Compliance 52

Cannabis Law Report

JANUARY 7, 2020

Because Taxpayer is a corporation, the Tax Court’s decision will be reviewed by the Court of Appeals for the Ninth Circuit, which is the circuit in which Taxpayer’s principal place of business is located. But what is the distinction between a business expense deduction and an adjustment for COGS? Deductions. Cost of Goods Sold.

Business 66

Business Marijuana Seed-To-Sale Patients 66

Canna Law Blog

NOVEMBER 13, 2021

215, I was recently interviewed on KCRW to give my take on how California (and specifically the City of Los Angeles) has done when it comes to legalizing and licensing cannabis businesses. So, in 2015, the Assembly passed the MMRSA (which it later renamed the MCRSA). On the 25th anniversary of Prop. 64 and MAUCRSA. 215: High taxes.

Compliance 75

Compliance Compliance Programs Collective 75

Cannabis Law Report

FEBRUARY 5, 2020

Mr. Richards represents individuals and businesses in tax audits & trials, M&A, in managing tax debt, and he advises cannabis companies, owners and investors in tax and regulatory compliance matters. Greenspoon Marder is a national full-service business law firm with 240 attorneys and 26 locations across the United States.

Law 72

Law Compliance Compliance Business 72

Cannabis Law Report

FEBRUARY 3, 2020

million of the investors’ money on luxury cars, a 65-foot yacht and other “extravagant luxuries, inappropriate personal expenditures, and unrelated business ventures”. Russell, a 60-year-old Duvall resident, is accused of using Green Acre Pharms in an elaborate Ponzi scheme that, from 2015 to 2017, took in $4.85

Cannabis 86

Cannabis Business Recreational Banking 86

Cannabis Law Report

MARCH 15, 2022

Peter McCusker reports at Cannabis Business Executive. Companies operating in the 27 Member States of the European Union have been hamstrung by an excessively strict reference dose of a maximum level of Delta-9 THC in seed products of 1 mg/kg/bw (body weight) since 2015. mg/kg for hempseed oil.

Food 98

Food THC Hemp Oil 98

Greenspoon Marder Cannabis Law Group Blog

SEPTEMBER 14, 2020

The 280E “guidance” generally refers back to their 2015 Memorandum, see ( Chief Counsel Advice 201504011 released 1/23/2015) wherein the IRS advised section 280E-affected taxpayers must calculate their cost of goods sold pursuant to Internal Revenue Code section 471 and the associated Treasury Regulations. 07-17-2015) [link].

Compliance 40

Compliance Compliance Cannabis Law 40

Connor & Connor PLLC

AUGUST 30, 2018

However, marijuana remains illegal under Federal law, and this creates an uncertain landscape for marijuana businesses in the preparation of their Federal income tax returns and in handling an IRS audit. In addition, marijuana businesses must be aware of cash handling issues. Section 280E, Business Expenses, and Costs of Goods Sold.

Business 49

Business Marijuana Banking Collective 49

Cannabis Law Report

JUNE 8, 2021

Cannabis Business Times. Cannabis Business Times was founded in 2014 by Tim Hermes and Noelle Skodzinski. They provide intelligence to help all aspects of the business – from seed to sale – succeed and grow. They provide intelligence to help all aspects of the business – from seed to sale – succeed and grow. MG Magazine.

Wellness and Beauty 90

Wellness and Beauty Terpenes Media Seed-To-Sale 90

Cannabis Law Report

SEPTEMBER 20, 2021

Licensed cannabis businesses welcome the move, as the efforts seek to reduce the competitive illicit supply, stem the environmental impacts of illicit cultivations and remove unsafe products from circulation. About Orange Photonics Founded in 2015, Orange Photonics is based in New Hampshire, USA. SOURCE Orange Photonics.

Hemp 52

Hemp Cannabis Agriculture Compliance 52

Cannabis Chronicles

APRIL 2, 2019

Businesses would need to track plants and products with bar codes. There’s a saying in the business world: ‘Pioneers get slaughtered, and settlers get fat,’” said Greg James, publisher of industry magazine Marijuana Venture , based near Seattle. government prohibition, they imposed strict rules in hopes of keeping the U.S.

Legalization 100

Legalization Business Legislation Banking 100

Canna Law Blog

OCTOBER 22, 2021

Back in 2015, we wrote about the U.S. Then, in 2019, we wrote about the Business Mail Acceptance (“BMA”) internal advisory on “ Acceptance Criteria for Cannabidiol (CBD) Oil and Products Containing CBD.” Notably, PACT has severe penalties for non-compliance, including prison time. Code Section §1716E(b).

Hemp 85

Hemp CBD Vaping THC 85

Cannabis Law Report

DECEMBER 12, 2019

Federal bankruptcy protection for business-debtors involved in the sale of cannabis products has not been forthcoming. Compliance with state laws is of little benefit when it comes to federal bankruptcy, banking, and tax codes. BAP 2015); In re Medpoint Mgmt., 2015); In re McGinnis , 453 B.R. See In re Arenas , 535 B.R.

Compliance 59

Compliance Compliance Chronic Pain Banking 59

MMJ Recs

MAY 5, 2024

Under the MCRSA, which was enacted in 2015, state licensing authorities are responsible for regulating the commercial cultivation, manufacturing, distribution, transportation, and testing of medical cannabis.

Law 52

Law Marijuana Cultivation Patients 52

Cannabis Law Report

FEBRUARY 22, 2020

do not require authorisation under Regulation (EU) 2015/2283 (“ Novel Food Regulation ”) to be placed on the market in the EU, provided the plant variety is registered in the EU Catalogue of Varieties of Agricultural Plant Species and the tetrahydrocannabinol (“ THC ”) content does not exceed 0.2% 1] [link]. [2]

Food 59

Food History Compliance Compliance 59

Cannabis Law Report

MARCH 9, 2019

The law ((EU) 2015/2283), which applies across all member states, means any product deemed as ‘novel’ must gain authorisation from food authorities before it can be sold as a foodstuff within the EU. LEGAL 500, 2015. Such is the immaturity of Europe’s technically regulated CBD market, it’s true worth is almost impossible to price.

CBD 87

CBD Food Seed-To-Sale Extraction 87

Cannabis Law Report

JUNE 5, 2019

With worldwide legal cannabis spending at more than $12 billion in 2018 and projected to grow to almost $17 billion in 2019, now more than ever cannabis industry businesses need good, sound, experienced legal advice,” said Sheppard Mullin partner Whitney Hodges, leader of the firm’s Cannabis Industry Team. Co Team Leaders are.

Compliance 55

Compliance Compliance Banking Business 55

SpeedWeed

APRIL 3, 2021

Safe Harbor Services’ credit union banked $3 billion in cannabis funds last year, part of a vast but fairly under-the-radar ecosystem where businesses are building rapport with smaller independent financial institutions like regional credit unions. Much of the work falls to the cannabis business, of course.

Banking 52

Banking Legalization Compliance Compliance 52

SpeedWeed

APRIL 2, 2021

Safe Harbor Services’ credit union banked $3 billion in cannabis funds last year, part of a vast but fairly under-the-radar ecosystem where businesses are building rapport with smaller independent financial institutions like regional credit unions. Much of the work falls to the cannabis business, of course.

Banking 52

Banking Compliance Compliance Business 52

SpeedWeed

MAY 12, 2021

Republican Governor Brian Kemp signed Senate Bill 195 into law last week, and now, up to 30 state-licensed businesses can become sellers of high- CBD cannabis, as long as they keep the THC to a minimum. There is much competition as to who will get the licenses, but the biggest focus right now is on compliance.

Programs 52

Programs Seed-To-Sale Oil Patients 52

Cannabis Law Report

JUNE 9, 2021

In September 2015 Barry Honig arranged for a stock list promotor to write favorable analysis on a company called Majesco ($COOL) and distribute it to thousands of main street investors, according to people interviewed by this reporter and familiar with the transaction. But in September 2015 he apparently got sloppy.

Banking 82

Banking Compliance Compliance Dispensary 82

Cannabis Law Report

NOVEMBER 4, 2019

The recent Tax Court decision in Northern California Small Business Assistants Inc. 280E for businesses that operate lawfully under State law. Until then, petitioner is not entitled to deduct expenses incurred in the operation of its drug-related business.”. 5] The tax year 2015 is significant for two reasons.

Dispensary 45

Dispensary Packaging Collective Seed-To-Sale 45

Cannabis Law Report

OCTOBER 21, 2021

Uganda has exported 400 kilogrammes of medical marijuana to Germany, the fourth delivery to foreign countries since the government permitted the business in the country. Benjamin Cadet, a director at the company, said they have the capacity to produce 30 tonnes of medical marijuana annually but that Covid-19 has been affecting their business.

Hemp 52

Hemp Patients Cannabis Business 52

Cannabis Law Report

OCTOBER 12, 2021

Originally known for their capabilities in the nicotine space, Labstat established their cannabis testing operations in 2015. Since 1976, Labstat International Inc.

Cannabinoids 52

Cannabinoids Terpenes Compliance Compliance 52

Cannabis Law Report

FEBRUARY 24, 2022

Finding real estate where a cannabis business can operate is tough: landlords may not want to lease to a business that is openly in violation of federal law and many lenders will not provide loans to those who will purchase real estate specifically to violate federal law. Picking the Wrong Business Partners.

Business 52

Business Consumption Law Cannabis 52