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Cannabis Taxation: C Corp, S Corp, LLC, LLP, Partnership, Nonprofit, or Something Else for Your Cannabis Business?

Canna Law Blog

Choosing the Right Business Entity in the Cannabis Industry One of the most fundamental questions facing any entrepreneur – whether in the cannabis industry or elsewhere – is: What type of business entity should I choose? Will you own 50% of the business, but your partner wants to claim 100% of the early losses?)

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Australia Cannabis Q&A

Canna Law Blog

Is cannabis legal for business purposes in Australia? Cannabis businesses must comply with several laws, including: Narcotic Drugs Act 1967 regulates cannabis cultivation and manufacture for medicinal or scientific purposes. Laws apply to business activities of all kinds at the local government level. The specific license type.

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Illinois Industrial Hemp Act amendments receive second notice

Illinois News Joint

In the amended Inspection, Sampling, and Testing portion, IDOA eliminates that “The Department shall provide a minimum of 5 business days’ notice to the licensee of the inspection. For example, academic research institutions “shall notify the Department at least seven business days prior to collection of samples.”

Hemp 104
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Locked Out: SBA’s New Lending Policy Targets Hemp and Marijuana-Adjacent Businesses

Canna Law Blog

In yet another setback for hemp and marijuana-adjacent businesses, the U.S. Small Business Administration (SBA) has quietly reintroduced a policy that effectively disqualifies most of them from critical federal loan programs. Many bad actors have pushed products with little regard for compliance or consumer health & safety.

Policy 57
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Dutchie Crashes Again on 4202024

CannaEffect

EST on 4/20 that the issue was rectified, which is likely after customers have tried to collect on 4/20 discounts. Additionally, there were almost a thousand preorders that had to be canceled and redirected to inventories in order to stay in compliance. It wasn’t until 7:14 p.m.

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Unmasking Fake News That Casinos Are Required by UN Charter to Promote World Peace Through Gaming

The Joint Blog

Casino Marketing Versus Legal Requirements Casino Marketing and Regulatory Compliance: A Delicate Balance Understanding Casino Marketing Regulations The intersection between casino marketing strategies and regulatory requirements creates a complex framework that defines promotional activities in the gaming industry.

Media 26
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A New California Law Will Affect Marijuana and Hemp Businesses Across the Nation

Canna Law Blog

While we’re on the topic of dramatic legal changes, it’s probably a good idea to talk about a California privacy law that’s about to take effect and require many cannabis and hemp companies across the nation to dramatically change their business practices—the California Consumer Privacy Act (or “CCPA”).

Business 109