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Category Archives: New & Noteworthy
Increased Tax Audits Most Likely Coming to The Cannabi...
The rapid growth of the regulated cannabis industry has raised concerns for the U.S Treasury Department who recently released a report indicating that the Internal Revenue Service (IRS) will most like [more]
How COVID-19 is Affecting The Cannabis Sector in Calif...
California Stay-At-Home Order The coronavirus (COVID-19) outbreak has had an effect on basically every industry in the last month. On Thursday, March 19th, Governor Newsom issued a stay-at-home [more]
Impacts of Coronavirus (COVID-19) on Cannabis Industry
Cannabis industry feels the repercussions of the coronavirus (COVID-19) outbreak. The coronavirus (COVID-19) outbreak that reportedly began in Wuhan, China has now made its way to over 100 countries a [more]
A Year’s Review of The California Cannabis Industry
2019 was undoubtedly a big year for the cannabis industry and 2020 is expected to bring many changes as well. As the new year begins, we reflect on the successes and challenges of this ever-changing i [more]
Los Angeles Expunges Thousands of Cannabis Convictions
In an effort to reverse the effects of the drug war, L.A County District Attorney Jackie Lacey announced the expungement of 66,000 marijuana convictions earlier this month including 62,000 felony conv [more]
New Bill Eliminates Excise Tax for Donated Cannabis Pr...
Senate Bill 34 Senate Bill 34 was introduced in October of 2019 and goes into effect beginning March 1. The new bill, known as the Dennis Peron and Brownie Mary Act, allows cannabis retailers to provi [more]
California Continues to Shut Down Unlicensed Cannabis ...
After cracking down on illicit marijuana retailers last December, California law enforcement continues to take action on the cannabis black market. As California cannabis business consultants we wante [more]
Cannabis Black Market Poses Health Dangers for Consume...
The Illicit Cannabis Market And The Vaping Crisis. Last month, law enforcement performed the largest crackdown of the illegal cannabis market during a three-day raid that resulted in the seizure [more]
Banks No Longer Required To File Suspicious Activity R...
On December 3rd, the American Banking Association (ABA) released a statement addressing regulatory changes for the cannabis industry, specifically regarding customers who produce hemp. In a smal [more]
California Governor Proposes Changes to Cannabis Regul...
California Governor Proposes Changes To Simplify Cannabis Regulations Big changes are coming to the cannabis industry in California. Battling an illicit market, dealing with high taxes and navig [more]