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Enforcement or Compliance

Canna Law Blog

This is all very bad and we collectively need to figure out how to get people to comply with state law rather than penalizing everything. The issue of enforcement or compliance is probably the biggest one most states face at the policy level. In 2019, there were reportedly 3,000 illegal cannabis businesses in California.

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Investing in State Law Compliant Cannabis Businesses: Part 2 – Diving Deeper

Cannabis Law Report

In Part 1 of this two-part series, we addressed the high-level concerns that a new investor should consider in making an investment in a state legal cannabis company. Regulatory compliance (past and present) is difficult to confirm. Sander Zagzebski. Pay attention to taxes and 280E!

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Press Release: Blumenauer Introduces Commonsense Tax Reform to Remedy “grotesquely unfair treatment” of State-legal Cannabis Businesses

Cannabis Law Report

. – Today, Congressman Earl Blumenauer, founder and co-chair of the Congressional Cannabis Caucus, introduced the Small Business Tax Equity Act which creates an exception to Internal Revenue Code Section 280E to allow marijuana businesses operating in compliance with state law to take deductions associated with the sale of marijuana like any […] (..)

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Cost of Compliance Tips to Get a Cannabis Business off the Ground – Cannabis Business Executive

SpeedWeed

There are five important “categories,” that require company leaders’ utmost focus and attention as they launch a compliant cannabis business in a newly legal state. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry.

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Ten “Must Haves” for Cannabis Businesses in 2022

Canna Law Blog

Twelve years in there has been immense progress and maturation at the business level for cannabis licensees. This post is dedicated to the top ten list of which arrows all cannabis companies, regardless of state, size, culture, or market share, must have in their business quivers in 2022. 1. Compliance team.

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International Cannabis: Adams Lee, Vince Sliwoski on the Simply Trade Podcast

Canna Law Blog

Two of our international cannabis lawyers, Vince Sliwoski (business) and Adams Lee (international trade), recently joined the Simply Trade podcast for a lively discussion on the international cannabis trade. For more on the international cannabis trade, check out the following posts: Can I Import Marijuana Seeds to the U.S.?

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Mixing Cannabis and Psychedelics Business

Canna Law Blog

But mixing cannabis and psychedelics into one business presents some unique – and serious – risks. Before jumping into the post, I should mention that our firm has a separate Psychedelics Law Blog that deals with psychedelics issues. Many contracts contain provisions that require cannabis businesses to comply with laws.