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Immature Cannabis Markets Have an Untapped Ace in the Hole — Dispensaries – Cannabis Business Executive

SpeedWeed

All cannabis dispensaries are not the same. In states newer to the cannabis trade, dispensaries are often noticeably more immature in their appearance and retail strategy. There is also a noticeable difference in price between dispensaries in mature vs. immature markets. Take Michigan vs. California, for instance.

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Article: A Comprehensive Cannabis Program for New York State: The Second Act

Cannabis Law Report

Just as with the previous proposal, those Registered Organizations would be permitted to vertically integrate their business and would not be subject to the prohibition of adult-use cultivators, processors and/or distributors having a financial stake in a retail dispensary. Adult-Use Licenses.

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Five Easy, Edible Ways to Use THC Distillate

SpeedWeed

Making cheap, convenient, cannabis-infused edibles doesn’t require much time or know-how if you’re lucky enough to live by a dispensary. Note: Some distillate is packaged in a jar for dabbing, but distillate sold in a syringe is much easier for ingestion.). Read the entire article at Westword. . View original article.

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Illinois Announces Adult Use Proposal

Cannabis Law Report

For now, the proposed permit fees are $100,000 for cultivators and $30,000 for dispensaries. The State will also charge a “business development fee” equal to the lesser of five percent (5%) of total sales or $500,000 for cultivators and $200,000 for dispensaries. The packaging must be child resistant. Larry Mishkin.

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Greenway – Article: Income Taxes and the Cannabis Business: The Impact of §280E

Cannabis Law Report

There will be different rules for different types of companies: Dispensaries: Dispensaries can deduct the net expense of the cannabis products they buy for resale, plus the cost of transportation, repackaging (labeling or making pre-rolled joints, etc.) Allocation Methods.

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Medical CCAs 101 (Cannabis Cooperative Associations)

Cannabis Law Report

On August 6 th we published an article that described the financial benefits of the use of a properly organized Cannabis Cooperative Association (“CCA”) to move cannabis as adult-use flower from cultivator to consumer. The spreadsheet immediately below was the starting point for our August 6 th article. and a Sales Tax rate of 8.75%.

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Cannabis business models 101: Types of cannabis businesses

SpeedWeed

This article is the fourth in a series called, “So you want to start a canna biz?” This article focuses on different types of cannabis businesses. They supply raw flower to dispensaries to be consumed in plant form or to processors & manufacturers for THC/CBD extraction. Dispensaries and delivery services.