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California: Which Set of Books?

Cannabis Law Report

Let’s begin with an old joke…how many sets of books does a business need to keep? Let’s begin with an old joke…how many sets of books does a business need to keep? We will start with the IRS requirements for maintaining books and records for any business. AUTHOR: JORDAN ZOOT. PUBLISHER: CANNABIS LAW REPORT. The California Dept.

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Oneida Indian Nation to Launch Cannabis Operation

Cannabis Law Report

The Oneida Indian Nation will oversee the entire business vertical from “seed to sale.”. The entire cannabis operation, from seed to sale, will be operated by the Oneida Indian Nation. Press Release. Oneida Indian Nation to Launch Cannabis Operation.

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Nevada: CCB Workshop on Conditional License & Consumption Lounges March 22nd

Cannabis Law Report

II. Proposed Amendments and Additions to Nevada Cannabis Compliance Regulations – Applications. III. Proposed Amendments and Additions to Nevada Cannabis Compliance Regulations – Consumption Lounges. Proposed Amendments and Additions to Nevada Cannabis Compliance Regulations – Consumption Lounges. The agenda.

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Cannacurio Podcast Episode 33 with Tony Repanich of Shield Compliance

SpeedWeed

In the latest episode of the Cannacurio Podcast from Cannabiz Media, I speak with Tony Repanich, President and Chief Operating Officer of Shield Compliance , a comprehensive compliance management platform for banking cannabis-related businesses. Press the Play button below to watch and listen to the podcast. ? Welcome, Tony.

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Taxation Of A Medical Marijuana Business – How Will The Ninth Circuit Hold?

Cannabis Law Report

Also during those years, California allowed the collective or cooperative cultivation of marijuana for medicinal purposes. Deductions. All taxpayers – including “drug traffickers” – pay tax only on their gross income, which is equal to the excess of their gross receipts over their cost of goods sold (“COGS”). Deduction v.

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Cannacurio Podcast Episode 34 with Ryan Fleming and Paul Clifford of Sage Intacct

SpeedWeed

In the cannabis space, you look at a seed to sale organization that is everything from cultivation, manufacturing, all the way to the end user at the dispensary, and being able to house all that under one roof. Press the Play button below to listen to the podcast. ? Cannacurio Podcast Episode 34 Transcript. Welcome to the podcast.

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International and Cross-Border Tax Issues in the Cannabis Industry

Greenspoon Marder Cannabis Law Group Blog

Because of the interest in the North American market, we can expect continued interest in the United States which should lead to further inbound investment. Additionally, the growing experience of U.S. cannabis entrepreneurs along with the desire for investment on the part of U.S. This article will discuss the U.S. Income” tax.[5]