California Responding To COVID-19 With Relief For Cannabis Businesses On May 14, 2020 the three State Of California cannabis licensing authorities (The Bureau of Cannabis Control (BCC), California Department of Food & Agriculture (CDFA) and California Department...
Cannabis Business
Attention Cannabis Businesses Dealing With Cash – Beware Of IRS Required Filings That If Not Followed Could Lead To Penalties And Jail-time
Attention Cannabis Businesses Dealing With Cash - Beware Of IRS Required Filings That If Not Followed Could Lead To Penalties And Jail-time While there is no law making it illegal to transact business with cash, the IRS has an interest in requiring parties to report...
California Keeping Cannabis Taxes Steady In 2020
California Keeping Cannabis Taxes Steady In 2020 The California Department Of Tax And Fee Administration (CDTFA) which oversees the reporting and collection of taxes for the California cannabis industry under Emergency Regulation 3700 established a new category and...
How Some CBD Companies Are Getting Millions In Federal Aid Through A Loophole In The CARES Act
How Some CBD Companies Are Getting Millions In Federal Aid Through A Loophole In The CARES Act On March 27, 2020 President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security [CARES] Act (the “CARES Act”) to...
FDA Warns Companies Illegally Selling CBD Products to Treat Medical Conditions, Opioid Addiction
FDA Warns Companies Illegally Selling CBD Products to Treat Medical Conditions, Opioid Addiction The U.S. Food and Drug Administration (FDA) announced on April 23, 2020 that it has sent warning letters to two companies for illegally selling unapproved products...
Emergency Cannabis Small Business Health and Safety Act Introduced In Congress – If You Can’t Beat Them, Then Join Them!
Emergency Cannabis Small Business Health and Safety Act Introduced In Congress – If You Can’t Beat Them, Then Join Them! On March 27, 2020 President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security [CARES]...
DEA Releases Its Report Card On 2019 Illegal Cannabis Eradication Activity
DEA Releases Its Report Card On 2019 Illegal Cannabis Eradication Activity Anyone conducting business in cannabis surely knows that under Federal law (Controlled Substances Act 21 U.S.C. 801) marijuana is designated as a Schedule I controlled substance due to the...
COVID-19 Employer Tax Relief Available for PPP Borrowers
COVID-19 Employer Tax Relief Available for PPP Borrowers President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security [CARES] Act (the “CARES Act”) to provide assistance to workplaces and employees. The CARES...
Evolution Of California Cannabis Law – Pending Bill Considered By The Legislature: Assembly Bill 2355
Evolution Of California Cannabis Law – Pending Bill Considered By The Legislature: Assembly Bill 2355 On February 18, 2020 Assembly Member Rob Bonta introduced AB 2355, which seeks to amend California Fair Employment and Housing Act to require employers to provide...
Beware Of Unsupported Claims That Cannabis Or CBD Products Will Protect Or Cure You From Coronavirus
Beware Of Unsupported Claims That Cannabis Or CBD Products Will Protect Or Cure You From Coronavirus The Federal Trade Commission (FTC) and U.S. Food and Drug Administration (FDA) announced that they have sent warning letters to companies allegedly selling unapproved...