Cannabis Law Report
AUGUST 29, 2019
By Teri Buhl. A wholesale CBD oil company, called Folium Biosciences, is being accused of siphoning off cash to its founder Kashif Shan and another top executive in a lawsuit filed this week in Colorado state court. Kashif Shan. The accusation comes while Shan is courting potential outside buyers for the company.
Cannabis Law Report
DECEMBER 11, 2019
Mertz , is being accused of civil theft and conspiracy for keeping hundreds of thousands of dollars from the sale of unhealthy hemp clones to a Colorado farm and then using that money to improve his hemp farm infrastructure so the two year old farm could be flipped and sold. Jun 21, 2019. 19 November 2019. million of revenue.
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Cannabis Law Report
FEBRUARY 1, 2022
Lawmakers passed up their opportunities to act before voters approved decriminalization in 2008, medical marijuana in 2012 and adult legalization in 2016, but then delayed and rewrote significant portions of the 2016 ballot law legalizing marijuana. Sonia Chang-Diaz, co-chair of the Joint Committee on Cannabis Policy, said.
Cannabis Law Report
OCTOBER 26, 2021
Cookies debuted this line in time for “Croptober,” the season during which a vast majority of sun-grown cannabis is ready to harvest. With a history dating back to 1960s counterculture, the Emerald Triangle has long been considered the top cannabis growing region in America.
Cannabis Law Report
NOVEMBER 29, 2021
Ecowellness, LLC’s Chief Executive Officer, Elena Orque, expanded its operations to include retail sales at Prevail Marketplace LLC, a farmers market serving Henderson, Nevada (on the outskirts of Las Vegas). In an article published by Sustainable America, “the number of farmers markets in the United States has grown by 76 percent since 2008.
Cannabis Law Report
AUGUST 5, 2019
It is true that the Convention exempted the cultivation of the cannabis plant for industrial purposes (fibre and seed) or horticultural purposes. In Italy the cultivation and the industrial use of hemp has a long tradition and recent changes in law have led to a revival. Cannabis may be used also as medicinal product.
Cannabis Law Report
JANUARY 7, 2020
On December 3, 2019, Taxpayer timely [i] filed a notice of appeal from a decision of the U.S. The Stage is Set. Tax Court that had been entered approximately two months earlier. [ii]. Source JD Supra : [link]. Deductions. But what is the distinction between a business expense deduction and an adjustment for COGS? Deduction v.
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