According to reports from the Sacramento Bee and Marijuana Business Daily, Lori Ajax, chief of the California Bureau Of Cannabis Control, issued on February 16, 2018 a cease and desist order to Weedmaps.com, an internet company based in Irvine that maps marijuana...
Marijuana Tax Planning & Marijuana Tax Defense
How Canada Is Profiting From The United States Federal Government Punishing The Cannabis Industry
While the United States federal government refuses to make any use of marijuana legal and maintains banking and taxing roadblocks to the cannabis industry despite 29 states plus the District Of Columbia making Medical marijuana legal and 8 states plus the District Of...
How Do Marijuana Businesses Explain To IRS A Cash Stash Accumulated From The Past?
With the proliferation of licensed cannabis businesses sprouting in the State Of California in 2017, a lot of cannabis business will be filing tax returns with the IRS starting next year. But beware, the IRS is well aware that successful cannabis businesses don’t just...
Risks Facing The Cannabis Industry
Banks won’t touch you, IRS just wants to tax you and the Feds want to close you down - despite California legalizing marijuana, these are the risks marijuana businesses face every day. Medical marijuana is now legal in 29 states plus the District Of Columbia and...
How Some California Localities Are Putting Cannabis Businesses Out Of Business.
Medical marijuana is now legal in 29 states plus the District Of Columbia and recreational marijuana is legal in 8 states plus the District Of Columbia. In 2000, 70% of Americans believed marijuana should be illegal. Attitudes have since dramatically changed with a...
Thinking About Using Medical Marijuana While On Federal Supervised Release Or While Serving Federal Probation?
Medical marijuana is now legal in 29 states (including California) plus the District Of Columbia. However, under Federal law marijuana is designated as a Schedule I controlled substance and therefore is illegal under Federal law. Federal Law 21 U.S.C. § 812 known as...
Adding To The Turmoil For The Marijuana Industry – Federal District Attorney For Southern District Of California Endorses Attorney General Sessions’ Revocation Of The Cole Memo
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...
The Woes Of The Cannabis Industry
Banks won’t touch you, IRS just wants to tax you and the Feds want to close you down - despite California legalizing marijuana, these are the challenges marijuana businesses face everyday. Medical marijuana is now legal in 29 states plus the District Of Columbia and...
Big Win For The Marijuana Industry – Colorado District Attorney’s Office Rebuffs Attorney General Sessions’ Revocation Of The Cole Memo
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...
Attorney General Jeff Sessions Takes On The Marijuana Industry
Attorney General Jeff Sessions Takes On The Marijuana Industry 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...