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Blog

August 27 2018

Statewide Cannabis Updates from Solvang, Monterey, Palm Desert, Desert Hot Springs and More

This week, we have cannabis news from Solvang, Monterey, Palm Desert, Desert Hot Springs. In addition, the California Bureau of Cannabis Control has released a new concise fact sheet for testing labs.

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Filed Under: California, Weekly Update

August 21 2018

5 Tips for Great Cannabis Business Accounting

Take some of the stress out of running your cannabis venture by setting up a strong accounting system.

  • Start with a chart of accounts that can help you keep track of everything.
  • Even if you can’t deduct everything from your taxes, you should still keep track of ALL your expenses.
  • Revisit...
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Filed Under: Compliance, Taxes

August 20 2018

This Week's Cannabis News from Union City, Desert Hot Springs, Commerce City, Grover City and more!

This week brings more California cannabis news from the cities of Union City, Desert Hot Springs, Commerce City and Grover City.  In addition, we have updates from last week’s newsletter about the City Council meetings in Arroyo Grande and American Canyon.

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Filed Under: California, Weekly Update

August 16 2018

OPEN NOW: Long Beach Officially Accepting Applications For Adult-Use Cannabis Licenses

The city of Long Beach recently announced the passing of their adult-use cannabis business ordinance, as discussed in our last Long Beach article.  Today, we are excited to announce that applications are OPEN for adult-use cannabis licenses in Long Beach.

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Filed Under: Licenses

August 15 2018

How the 280e Tax Regulation Affects Your Cannabis Business

The 280e prevents legal cannabis businesses from deducting certain business expenses on their tax returns.

  • Cannabis is still a federally-regulated Schedule I Controlled Substance, which means the 280e applies to legal cannabis operators. 
  • The taxable amount of a cannabis business is often...
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Filed Under: Compliance, Taxes

August 13 2018

Exclusive Cannabis Updates from American Canyon, Arroyo Grande, Blythe, Hillsborough, King City, Solvang and Willows

This week we have exciting California cannabis news from the cities of American Canyon, Arroyo Grande, Blythe, Hillsborough, King City, Solvang, and Willows.

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Filed Under: Weekly Update

August 08 2018

Everything You Need to Know About Cannabis in Oregon

Oregon has a well-earned reputation for being a very cannabis-friendly state. Rightfully so: Oregon was the first state to decriminalize cannabis in 1973. Since then, cannabis in Oregon has become more commonplace than many other states. This guide will help you understand what it takes to...

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Filed Under: Licenses, Oregon

August 06 2018

Exclusive Cannabis Updates from Sonoma County, Sacramento, Oroville, Pomona and Alameda County

It’s a busy week of cannabis updates from California. Today’s news comes from Sonoma County, Sacramento, Oroville, Pomona and Alameda County.

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Filed Under: California, Weekly Update

August 03 2018

Podcast: Los Angeles Cannabis Licensing Webinar

On July 25, 2018 we presented all of the information you will need to get your Los Angeles Cannabis Business licensed and started.

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Filed Under: Podcasts

August 03 2018

How to Manage Irregular Overhead Expenses

Variable expenses are highly irregular in the cannabis market – here's how to keep track of them so your business doesn't go under. 

  • Set aside $200,000 in case of emergencies. 
  • Make sure your business is 75% ready to open before you even apply for a local license.
  • Keep meticulous records...
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Filed Under: Business

August 01 2018

Everything You Need to Know About Cannabis in Michigan

Medical cannabis is legal in Michigan, and this summer, the state voted on eleven new measures related to cannabis treatment. This guide will provide you with an update on Michigan cannabis, as well as some tips for starting a cannabis business in the state.

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Filed Under: Michigan, Licenses

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