California Cannabis Tax Relief Coming? Check Out Assembly Bill 286 - the Temporary Cannabis Tax Reduction Bill. A bill was just re-introduced in the California legislature that would give legal cannabis businesses a tax break to help them thrive and level the playing...
Cannabis Businesses – Avoid A Big Tax Bill, Don’t Put Off Year End Tax Planning. Tax planning is a critical consideration for any individual or business, but this is especially true if you currently operate or plan to start a cannabis business. While it is best to be...
If You Can’t Beat Them, Join Them! Election 2018: Statewide Marijuana Reform Initiatives As Election Day approaches, when voters from across the country will make their voices heard at the polls, we call attention to four state marijuana reform initiatives that if...
IRS Announces Its Position On Cannabis – Could 2019 Be A Banner Year For IRS Audits Of Cannabis Businesses? We previously reported in our blog that the Trump Administration organized a committee of federal agencies from across the government to combat public support...
Attention Passengers: Your Cannabis Is Now Free To Move Around LAX Los Angeles International Airport (LAX) which is part of the Los Angeles World Airports Network updated its public marijuana policy on its website to allow transporting legal amounts of cannabis...
DEA Reclassifies Plant-Derived Marijuana Medicine To Schedule V We previously reported in our blog that the Trump Administration organized a committee of federal agencies from across the government to combat public support for marijuana and cast state legalization...
The Importance Of Having The Right Financial Team For Your Cannabis Business Even though more and more states are allowing the sale of cannabis at the medical and/or recreational level, it is still a business that deals essentially in cash only. Why? Because most...
H.R. 5364 - Medical Cannabis Research Act 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 an agricultural heavyweight and first allowed patients with...
What To Look For In Hiring A Cannabis Tax Lawyer With the legalization of medical and recreational cannabis in California there has been an increase in inquires to our office by people who are just entering into the cannabis market place or looking to provide...
Federal Senators Introduce Cannabis Legalization Bills - If You Can’t Beat Them, Then Join Them! 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 that it has a high...
