Connor & Connor PLLC

AUGUST 30, 2018

a California medical marijuana dispensary, and denied Canna’s deductions for operating expenses, including significant amounts for employee salaries and vehicle expenses. The company appealed the IRS’ findings to the United States Tax Court. The dispensary sold smokable marijuana as well as edibles. Commissioner , T.C.

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Business Marijuana Banking Collective 49

Marijuana Lawyer Blog

APRIL 15, 2019

Attorney General said he’d favor a new bill protecting cannabis businesses and users from federal prosecution as long as they were in compliance with federal law. This measure has broad bipartisan support, as does another that would shield banks doing business with these companies from federal money laundering charges.

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Policy Programs Banking History 45

Cannabis Law Report

APRIL 5, 2019

Specifically, LD 1402 would allow state-chartered credit unions to obtain private deposit insurance, which would in turn make it possible for state credit unions to provide financial services to dispensaries and caregivers that have been registered under Maine’s medical marijuana program.

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Access Marijuana Legislation Education 45

The Herb Collective

APRIL 29, 2019

A Cash-Only Industry The final California cannabis regulations still haven’t fixed the banking problem. Unfortunately, cannabis consumers in the state are still only able to pay for their purchases in cash or use an ATM-at-the-register payment system with high fees.

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Law Marijuana Banking Packaging 45

Cannabis Law Report

DECEMBER 1, 2019

This conflict between federal and state law has raised concerns among CPAs providing services to the marijuana industry. States Legalizing Marijuana. Barr also noted that Congress needs to make a decision as to whether federal law should be changed or followed. 15, 2019, [link] ).

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Marijuana Business State Laws DEA 59

Cannabis Law Report

NOVEMBER 22, 2019

Senate Banking Committee Chairman Mike Crapo (R-ID) said that an impeachment trial could delay consideration of cannabis financial services legislation, but no moreso than anything else that requires floor time. Calm N Collective co-owner Ronald Bass claims that the tip is baseless and originated from a disgruntled former employee.

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Vaping Research and Development Seed-To-Sale Hemp 45

The Cannigma

MARCH 12, 2021

A lot of the adult use, legalization has built upon the medical dispensary infrastructure, logistical infrastructure, the inspections and laboratory requirements in some states, and I imagine that also the political power of massive industries plays a role in pushing for further advancement. So, for example, payment systems.

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Legalization Patients Education Dispensary 128

Cannabis Law Report

AUGUST 6, 2019

The nation collectively hopes that marijuana is indeed concurrently or subsequently re/de-scheduled out of the research-prohibitive Schedule 1 category into the Schedule 2 or Schedule 3 category. ” CannaMD , outlining marijuana laws from state to state , explains that “This question comes down to federal versus state law.”

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Marijuana Research and Development Programs Collective 40

Cannabis Law Report

JULY 27, 2019

Denver-based ONE Cannabis and Florida-based Miracle Leaf each claim to be awarding franchises to catapult their growth, the former franchising cannabis dispensaries and the latter medical marijuana clinics. Cannabis, the fastest growing industry in the U.S. Overarching Risks. The Significance of Franchise Status.

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Supply Chain Programs Business Retail 40

Cannabis Law Report

JANUARY 10, 2020

More and more states across the South are adopting medical marijuana regimes. One such pain for marijuana businesses is the tension between following state laws on a product that is still illegal at the federal level. Assistance Collective Corp. Know your local laws. With this growth comes growing pains.

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Marijuana Business Decriminalization Legislation 45

Canna Law Blog

JUNE 26, 2020

Ultimately the antitrust Division collected over 5 million documents from these investigations and in every case, no antitrust violations were uncovered. This was such a strain on the DOJ’s Antitrust Division resources that staff from other offices such as telecommunications, technology, and media were brought in to assist.

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Cannabis Business Law Marijuana 81

The Cannigma

NOVEMBER 23, 2021

In our conversation with Otha, we talk about how Tetragram has been able to help its patients, how federal and state laws affect access to medical cannabis and what we can expect of government legislation in the coming years. CP: Give me the highlights. OS: A hundred percent.

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Data Patients Access Wellness and Beauty 52