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October 31 2018

How to Put a Commercial Cannabis Application Together

Many licensing applications in California have tight deadlines – here's how to put everything together in a three week window.

  • Before getting deep into the application, you must be certain you can afford to cover operating expenses for at least six months to one year.
  • Then, look for...
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October 29 2018

Big Updates in California Cannabis

There are big updates coming from California’s commercial cannabis industry. This week, the Department of Food and Agriculture released a statement regarding delays in processing temporary cannabis cultivation licenses. In other licensing news, Riverside County has permitted commercial...

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Filed Under: Weekly Update

October 23 2018

California Cannabis Licensing Authorities Proposed Regulations Update

Major developments are happening in California’s commercial cannabis industry. This week, lawmakers released Proposed Non-Emergency Regulations that will govern all types of commercial cannabis activity. Other developments include California cities positioning themselves to permit...

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Filed Under: Weekly Update

October 16 2018

Four Tips to Help You Navigate Cannabis Business Banking

The traditional banking industry is largely closed to cannabis operators, but there are still ways you can get a bank account. 

  • Keep your business name professional to avoid raising any red flags when you apply for a bank account. 
  • Maintain two accounts, one for cash payments and the other...
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Filed Under: Finance

October 15 2018

More California Cities Revisiting Cannabis Ordinances

As more cities in California revisit their Commercial Cannabis Ordinances, it is important to stay on top of developments. These California cities in the final stages of amending moratoriums are gearing up to release finalized commercial cannabis ordinances and business permit applications.

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Filed Under: California, Weekly Update

October 11 2018

What You Don’t Know About Getting A California Cannabis Permit

It takes a lot more than just a local and state license to get your commercial cannabis business legally up and running. In addition to the commercial cannabis licenses, your business needs to be compliant with other building codes, zoning requirements, environmental regulations, and more....

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Filed Under: California, Licenses

October 10 2018

How to Vet a CFO for Your Cannabis Company

The CFO is potentially the most important leadership role in your cannabis business – make sure the person you hire is equipped to work in this industry. 

  • CFO is the point-person for all financial reporting, including reports to your board of directors, as well as to outside parties...
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Filed Under: Finance

October 08 2018

A Look at this Week in California's Local Cannabis Ordinance and Applications Scene

The important weekly cannabis updates for California are in. We have news from Commerce, Cathedral City, Imperial Beach, Woodlake and the National Cannabis Industry Association Conference.

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Filed Under: Taxes, Weekly Update

October 04 2018

IRS Penalizes Cannabis Operator for Federal Income Tax Evasion

The IRS fined an Oregon cannabis operator for failing to file income tax returns on his legal cannabis operation. 

  • Cannabis business owner Matthew Price did not report nearly $1 million in income and used his business money on personal expenses in violation of federal tax regulations.
  • This...
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Filed Under: News, Compliance, Taxes, Oregon

October 01 2018

Updates On Local City Governments and the California State Water Board

Here are important updates for Banning, Carpinteria, Los Angeles, Sacramento and theCalifornia State Water Board

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Filed Under: Weekly Update