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February 04 2019

Everything You Need to Know About METRC Cannabis Tracking, Reporting & Compliance

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...

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Filed Under: California, Compliance

January 31 2019

Tax Preparation Checklist for Cannabis Operators

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).

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Filed Under: Compliance, Taxes

January 30 2019

Top Strategies for Pasadena’s Commercial Cannabis Screening Application

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...

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Filed Under: California, Licenses

January 30 2019

What You Need to Know About California's Permanent Cannabis Regulations

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).

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Filed Under: News, California

January 28 2019

The Weekly Round Up: News from LA, Chula Vista, Riverside County, and more from the BCC

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...

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Filed Under: Weekly Update

January 24 2019

What to Expect in a Tax Audit

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...

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Filed Under: Compliance, Taxes, Finance

January 22 2019

What to Know About California's Cannabis Dispensary Sales Tax

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...

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January 21 2019

Oklahoma Commercial Cannabis Update

Update for June 10, 2019

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:

  • ...
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Filed Under: Licenses, Oklahoma

January 21 2019

The Weekly Round-Up: What’s going on in the California Cannabis and Industrial Hemp Scene this week.

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.

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Filed Under: Weekly Update

January 14 2019

Guide to Chula Vista’s Commercial Cannabis Application

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...

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Filed Under: California, Licenses