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NY: CPA & Business Advisory Service Launches Cannabis & Hemp Advisory Practice

Cannabis Law Report

Here’s their press release in full…… DeJoy, Knauf & Blood LLP Launches Cannabis and Hemp Advisory Practice. DKB’s expertise and experience with other regulated industries, especially the alcoholic beverage market, can help make sure businesses get it right. ROCHESTER, N.Y., ROCHESTER, N.Y.,

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Smokeable Hemp Sparks A Firestorm

Cannabis Law Report

Advocacy , CBD , Commerce , Farmers , Federal Commerce- USA , general , Hemp , Industry Professionals , Kight On Cannabis , News , Products , Providers & Retailers , Rod Kight , States Commerce . And, despite marijuana’s overwhelming popularity, a lot of people actually enjoy smoking cannabis and NOT getting high.

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Are Sky-High Cannabis Valuations Reined in by Federal Tax Law?

Cannabis Law Report

Players in the cannabis space already understand that federal tax law as currently structured extracts a far greater tax bite from marijuana businesses than corresponding companies, as cannabis companies are prohibited from deducting their business expenses from gross income. cannabis sales expected to grow by nearly 2.5x

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You can now get a license to grow and sell cannabis from the state of California

Meadow

You can now get a license to grow and sell cannabis from the State of California That doesn’t mean it’s easy, or that most people will apply. So happy to be part of the sector and helping work on helping businesses get through this. And so the larger question of what happens to these businesses, do they stop operating?

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Meadowlands: California’s Cannabis Supply Chain Panel

Meadow

[link] [link] At Meadowlands, representatives from along the licensed California cannabis supply chain discussed creating an environment of open, cooperative cannabis, scaling in the legal market, and capturing the opportunity to finally a create a cannabis industry in California as it should be. Hezekiah Allen.

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Marijuana Businesses Are Ineligible For Coronavirus Disaster Relief, Federal Agency Confirms

Cannabis Law Report

Marijuana Moment reports…”The federal Small Business Administration (SBA) reiterated on Monday that marijuana companies are not eligible for disaster relief loans to lessen the blow of the coronavirus outbreak.” Also see the same report over at Lex Blog. Are cannabis companies eligible? Read full story.