METRC has been in the news in California recently with the approval of Resolution 3702, which approved a new vendor TrackLoop.
This new software vendor will provide a new option for cannabis operators hoping to comply with California’s Track-and-Trace requirements.
There’s still a lot of...
Filed Under: California, Compliance
Despite the government shutdown, tax season has officially begun. Income tax-filing season opened January 28, 2019. You have until the deadline of April 15 to submit your business tax return (unless you qualify for an extension).
Filed Under: Compliance, Taxes
As we’ve covered previously, Pasadena, California’s cannabis business application works slightly differently than other cities across the state. Most cities ask for a cannabis operator to submit their site details. Cannabis real estate is one of the most important aspects of a licensing...
Filed Under: California, Licenses
There have been some revisions to the last set of state-wide cannabis regulations that were originally released in October 2018. Check out our previous coverage for more information and history regarding these permanent regulations that go into effect this month (January 2019).
Filed Under: News, California
This week, LA is gearing up for its Phase 1 annual license submissions.
In Riverside County, RFPs for Cultivation, Retail, and Microbusinesses are being released on Wednesday, and Chula Vista extends the submission window due to website inaccessibility. New BCC forms, that are cited in the...
Filed Under: Weekly Update
Did you know that cannabis businesses are five times more likely to face an IRS business audit?
Federal regulations like the Cole Memorandum make it difficult to do business in the legal cannabis market, and because banks often won’t accept cannabis money, cannabis businesses deal in a lot...
Filed Under: Compliance, Taxes, Finance
One of the biggest topics our experts get asked about is California’s cannabis dispensary sales tax.
Despite – or maybe because of – what customers perceive to be high taxes, the state is projected to only collect half the amount that was expected this year.
Some experts say that customers...
Since sales began last year, the market for MMJ in OK has steadily gained traction. Since that time we have seen increases in growers, processors, dispensaries and most importantly, patients. Let’s take a look to see how far we have come in such a short time:
Every week there are updates from various cities and counties in California regarding commercial cannabis and industrial hemp. These are headlining updates that you may want to know about.
Filed Under: Weekly Update
Chula Vista, California opened their cannabis licensing application window this week (January 14, 2019) and heads up – the window for submissions is very tight!
Retailers and cultivators must submit their application by 5:00 pm PST January 18, 2019. Distributors, manufacturers, or...
Filed Under: California, Licenses