California’s Cannabis Tax Collections Fall Short of Expectations
On May 11, 2018, the California Department of Tax and Fee Administration (CDTFA) released its cannabis tax revenue numbers for the first quarter of 2018. These…
State-Sponsored Cannabis Banking Proposal Gains Momentum
A legislative proposal to create a limited-service banking system for the California cannabis industry crossed an important hurdle last week when the State Senate Bank and…
Federal Spending Bill Fails to Expand Legal Protection to Recreational Cannabis Industry
Congress recently failed to protect the recreational cannabis industry from federal law enforcement, choosing instead to maintain a defense only for cannabis operators in states that…
Cannabinoids – Some Thoughts From This Year’s Expo West
As I typically do, I attended this year’s Natural Products Expo West tradeshow in Anaheim, California. It was a great opportunity to see my clients and…
Breath of Fresh Air – Potential Tax Relief for California Cannabis Businesses
There may be a significant tax break on the horizon for California’s growing legal cannabis market. A bi-partisan group of Assemblymembers introduced a bill (AB 3157)…
Avoiding [Un] Civil Litigation in Your Cannabis Business
If you’re in the cannabis business you know about the risk of federal prosecution and the risk of state action, especially if you fail to dot…
There’s a New Sheriff in Town: Attorney General Reverses Obama-Era Cannabis Enforcement Policy.
Today, United States Attorney General Jeff Sessions has scuttled Obama-era federal law enforcement policy on marijuana. Effective immediately, the seminal Cole Memorandum and related guidance previously…
California Secretary of State Launches Cannabizfile: One-Stop-Shop For Business Side of Canna-Businesses
Just in time for the holidays and during the final countdown to California’s cannabis legalization, Secretary of State Alex Padilla launched Cannabizfile, an online portal that provides information…
San Francisco Announces Nov. 30 Deadline for License Registration of Non-Medical Cannabis Dispensary Businesses
Beginning on January 1, 2018, numerous California cities will begin issuing licenses for recreational marijuana businesses. To help you better understand the application process for the…
California Agencies Open the Door to Cannabis Cultivation Conglomerates
Last week three California Agencies issued a series of regulations governing recreational canna-business which is scheduled to launch January 1, 2018. The most controversial aspect of…
