CDTFA Cannabis Creditor: Myths and Truths March 28, 2024 Hilary Bricken California, News & Insights 0 Comments By Hilary Bricken, Attorney at Husch Blackwell Dealing with creditors is never a fun experience. However, some creditors are more severe than others, especially in the cannabis industry. One of those is the California Department of Tax and Fee Administration… Read More→
Washington State Eliminates Medical Cannabis Taxation March 11, 2024 AggregatedNews Washington 0 Comments By Aaron John, Attorney at Harris Sliwoski In November 2012, Washington voters approved the production, processing, and retail sales of recreational cannabis within Washington state under what is known as Initiative 502 (“I-502”). Washington state then provided a regulatory framework for how the legalization… Read More→
Report Scores California on Cannabis ‘Health’ November 2, 2023 Tom Hymes News & Insights 0 Comments A non-profit called the Public Health Institute (PHI) this week released its 5th annual State of Cannabis Report, which offers snapshot scorecards of jurisdictions in almost every county in the state. A product of PHI’s Getting it Right from the… Read More→
MariMed Reenacts Boston Tea Party in Protest of 280E July 13, 2023 Tom Hymes IRS 280E, News & Insights 1 Comment According to MariMed CEO Jon Levine, the 250th anniversary of the original Boston Tea Party presented the perfect opportunity for the company to shine a bright light of publicity on 280E, an IRS code that disallows licensed cannabis companies from… Read More→
Should Cannabis Operators Prepare for Federalization in 2023? Not so fast… February 8, 2023 Dave McManus Accounting, Banking, Finance & Real Estate, Multiple State Operators 0 Comments The Administration took bold steps last year that signaled an openness to federalizing cannabis. Plenty of speculation has followed, and it seems clear that the federal market could open soon. My perspective is that 2023 is not the year, and… Read More→
Why hasn’t legal weed killed the marijuana black market? December 17, 2022 AggregatedNews Black Market, Policy & Legal 0 Comments What’s happening It’s been 10 years since the first states legalized recreational marijuana. Over the past decade, the legit weed trade has exploded into a massive industry as personal pot use has rapidly spread to more parts of the country.… Read More→
Federal Bulletin: Economic Arguments for Cannabis Legalization October 17, 2022 Hilary Bricken Policy & Legal 1 Comment By Hilary Bricken, Principal at Harris Bricken On September 29, I spoke on an opening panel at the 7th annual Cannabis Law Conference for the Cannabis Law Section of the State Bar of Michigan. My co-panelist was the renowned Brookings… Read More→
Save the Cannabis Industry: Topple The Pyramids! September 28, 2022 Steve DeAngelo Op-Ed, Opinions 2 Comments by Steve DeAngelo In early October of 2006, I founded Harborside Health Center in Oakland CA; which had just received one of the first six licenses granted anywhere in the United States for commercial cannabis activity. Like every other new… Read More→
Inside California’s pot legalization failures: Corporate influence, ignored warnings September 22, 2022 AggregatedNews California 0 Comments SACRAMENTO — Architects of the effort to legalize pot in California made big promises to voters. But six years later, California’s legal weed industry is in disarray with flawed policies, legal loopholes and stiff regulations hampering longtime growers and sellers. Despite expectations… Read More→
Ten Lessons from Nineteen States: Making A Better Recreational Market September 5, 2022 Paul Penney News & Insights 0 Comments By Paul Penney The state of marijuana laws in the United States has changed considerably over the last two decades. Only 13 states had made marijuana use lawful for medicinal reasons at the time President Barack Obama took office, and… Read More→
The casualties of California legalizing pot: Growers who went legal August 23, 2022 AggregatedNews California, News & Insights 0 Comments A blue state’s taxes and regulation have boosted corporate producers, leading to the near-death of the small cannabis farmer PETROLIA, Calif. — The Wild Cat Road skips along a ridge line, a narrow half-paved, half washed-out track that once carried… Read More→
Legalizing pot didn’t eliminate street dealers, study says June 6, 2022 AggregatedNews Nevada 0 Comments The head of Nevada’s Cannabis Compliance Board says he agrees with a Canadian university study that legalization of recreational marijuana use didn’t eliminate the illegal dealers. And Tyler Klimas says the study in the Journal of Studies of Alcohol and… Read More→
Op-Ed: Why legal weed is losing the war to illegal weed May 22, 2022 AggregatedNews Black Market, California 0 Comments The market for legal weed is growing. But in California, as elsewhere, it faces serious challenges. We’re not talking about droughts, climate change or supply chain shortages. The biggest challenge is competition from illegal weed. Our best estimate is that… Read More→
Is There Light at the End of the Tunnel for CA Operators? February 7, 2022 Erik Ott Banking, Finance & Real Estate 0 Comments Many California cannabis entrepreneurs would like to forget 2021. The second half price implosion of flower combined with an unexpected dip in the market’s growth trajectory left even the most resolute of CA’s participants questioning their future. The driver behind… Read More→
Should You Get Into the Cannabis Cultivation Business? December 27, 2021 Ryan Douglas Cultivation 1 Comment Any start-up has its risks and challenges, and the cannabis industry is no exception. If you’re thinking of launching a new cannabis cultivation business in 2022, consider the following ten points before you make the leap.1. Cannabis becomes illegal in… Read More→