If You Can’t Beat Them, Then Join Them! Senators Introduce Bipartisan Bill To Protect State Laws On Marijuana Under Federal law (Controlled Substances Act 21 U.S.C. 801) marijuana is designated as a Schedule I controlled substance due to the historical belief...
How The Feds Are Going After Cannabis Businesses Now That The Cole Memo Has Been Revoked On January 4, 2018, Attorney General Jeff Sessions rescinded previous Justice Department guidance related to enforcement of federal marijuana laws. This guidance was known as the...
Cannabis Business Owners. You have questions? Get the answers you seek regarding tax and IRS. The cannabis industry is growing at record pace. While Marijuana businesses may have their state and local approval to operate, federal support is still ambiguous and unclear...
If You Can’t Beat Them, Then Join Them Under Federal law marijuana is designated as a Schedule I controlled substance and therefore is illegal under Federal law. Republican congressman, John Boehner, now age 68 who was first elected to the House of...
How Israel Is Dominating Global Medical Cannabis Research Despite An Anti-Federal U.S. Climate Most people would be surprised to hear that Israel is the global leader in medical cannabis research. Not a surprise here considering that Israel is already known as...
Attention California Cannabis Distributors: First Quarter 2018 Cannabis Tax Return Is Due April 30, 2018 Starting in 2018, cannabis distributors must file quarterly tax returns with the California Department Of Tax And Fee Administration (“CDTFA”). The cannabis...
California’s Cannabis Cultivation Tax – It’s How The State Gets Its Cut After The Harvest On November 8, 2016, California voters approved Proposition 64, Control, Regulate and Tax Adult Use of Marijuana Act. In 2017, to align the requirements for licensing and...
New cannabis taxes have been in effect in California starting January 1, 2018. Beginning January 1, 2018, licensed distributors who supply you with cannabis or cannabis products are required to calculate and collect the 15% cannabis excise tax from you. When you sell...
On January 4, 2018, U.S. Attorney General Jeff Sessions announced the revocation of what is known in the cannabis industry as the “Cole Memo”. It is surprising that the Trump Administration known for its pro-business stance, allowed for such an anti-business decision...
On January 4, 2018, U.S. Attorney General Jeff Sessions announced the revocation of what is known in the cannabis industry as the “Cole Memo”. It is surprising that the Trump Administration known for its pro-business stance, allowed for such an anti-business decision...
