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Blog

December 10 2018

Weekly Cannabis Update: More California Cities to Permit Commercial Cannabis Activities

Since the November 6, 2018 General Election, several California Cities are considering adopting resolutions that will announce the result and implement Cannabis Business Taxes. This can only mean that more California cities will soon be permitting commercial cannabis activities.

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Filed Under: Weekly Update

December 06 2018

Lessons for Cannabis Operators from Harborside vs. IRS

Even the most accomplished, groundbreaking leaders in the cannabis industry overlook things – especially where it concerns cannabis taxes and the 280E. A closer look at the case involving Harborside Health Center, the largest non-profit medical cannabis dispensary in California,...

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Filed Under: Compliance, News

December 03 2018

Weekly Cannabis Update: Bureau of Cannabis Control, Mountain View, American Canyon, and Lompoc

As the end of the year fast approaches, cannabis business operators are scrambling to get their Temporary License Applications in, hoping to meet the Bureau’s December 31, 2018 temporary license issuance deadline. There are also a few California cities releasing commercial cannabis...

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Filed Under: Weekly Update

November 29 2018

Cannabis Security 101: How to Protect Your Business

As tax professionals, we focus a ton on your cannabis business’s financial security.

We’re experts at helping you prevent bookkeeping mistakes, avoiding tax fraud, and making sure your cannabis operation is compliant with state and local tax laws.

But what about the physical security of...

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Filed Under: Business

November 26 2018

Weekly Cannabis Round Up: Santa Barbara County, San Luis Obispo County, San Benito County, Chula Vista, Solana Beach, Carpinteria, Inyo County, and Los Angeles

It’s been another busy week in California. Several counties are either receiving applications or working on releasing applications. Other California cities are also working on amending local ordinance to permit commercial cannabis activities.

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Filed Under: Weekly Update

November 20 2018

What is the Best Way to Structure Your Cannabis Business?

As part of writing your cannabis business plan, one of the first decisions you’ll have to make is how to structure your cannabis company.

There are many types of entities to choose from. Each one has different tax and legal implications.

Selecting the right business structure also means...

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Filed Under: Business

November 19 2018

Pasadena Cannabis Licensing

The City of Pasadena recently held their Commercial Cannabis Application Workshop last Tuesday, November 13, 2018 and comprehensively addressed all aspects of their application, including zoning, scoring, and application requirements. The City will be releasing their application to the...

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November 19 2018

Weekly Update in California Cannabis: Cannabis Cultivation Permitting Workshops, San Luis Obispo County, Long Beach, Los Angeles, and Santa Barbara County

As the end of the year approaches, more and more California counties and cities are gearing towards amending cannabis ordinances to permit commercial cannabis activities. This week, government agencies are taking the lead to ensure commercial cannabis business operators are able to meet...

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Filed Under: Weekly Update

November 15 2018

How to Write an Impactful Executive Summary for Cannabis Investors

The strongest cannabis business plans for investors need an executive summary.

When seeking an investor for your cannabis business, the executive summary is your first opportunity to make a good first impression. Investors are eager to get a piece of the estimated $8.5 billion legal...

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Filed Under: Business

November 13 2018

Weekly Update in California Cannabis: Department of Food and Agriculture, Los Angeles Department of Cannabis Regulation, and More

This past week has proven to be a very busy week for California’s commercial cannabis industry.

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Filed Under: Weekly Update