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Breaking Up is Hard to Do

Outlining your cannabis business plan on paper can avoid partnership disputes later

Partnership disputes—whether between business partners or owners and investors—continue to be an ugly feature of the cannabis industry. Such conflicts can be costly and time-consuming; plus, they can sink a…

News February 1
Lara DeCaro

Violating California’s Prop 65 labeling rules can cost cannabis companies thousands in legal fees

California has a reputation for heavily regulating businesses, and the marijuana industry is no exception. As of Jan. 1, a mandate requires all marijuana products to be labeled with warnings…

News February 1
new mexico marijuana

New Mexico judge rejects changes to state’s medical marijuana rules

A New Mexico state district court judge ruled that changes to the state’s medical marijuana program last year - which would have made significant alterations to the program - are…

News January 29
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IRS puts 280E tax guidance for cannabis companies on back burner

Hoped-for guidance for cannabis companies affected by Section 280E of the federal tax code won't be published anytime soon, an IRS attorney said recently.

News January 29
Fresno California marijuana

Fresno, California, creates social equity fund for marijuana entrepreneurs

The Fresno City Council voted to establish an equity fund that would help financially assist disadvantaged marijuana business owners, the latest city among California municipalities that are trying to give…

News January 29
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CA cannabis firm seeks US Supreme Court ruling on $1.3 million tax case

A California cannabis business is taking its fight over a $1.3 million tax bill to the U.S. Supreme Court after losing a lower-court ruling based on the company filing its…

News January 29
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Senate leader Schumer pushing federal marijuana legalization as priority

U.S. Senate Majority Leader Chuck Schumer said he’s putting together a new federal marijuana legalization bill that would allow states freedom to “do whatever they’d like” and put tax revenues…

News January 29
Washington state marijuana

Report: Cannabis contributes $2 billion annually to Washington state economy

The legal cannabis industry has grown at a “staggering rate” in Washington and now contributes roughly $2 billion a year to the Pacific Northwest state’s economy, according to a new…

News January 29
marijuana vaping

Vape mail ban likely won’t impact marijuana businesses, stakeholders say

The news that vape products cannot be shipped via the U.S. Postal Service doesn't seem to have the marijuana sector overly concerned.

News January 29
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