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This week, Kristen and I starting flushing out our ideas for a new company we are creating. We started discussing revenue streams, competitors, strategic alliances (all of these are key elements in a business plan). However, what allowed us to move so quickly to...read more
YASSSS, California The California cannabis community was ecstatic last Friday, when the Bureau of Medical Cannabis dropped the proposed rules for medical cannabis. “The proposed licensing regulations for medical cannabis are the result of countless hours of research,...read more
Oh, California Refresher: California legalized adult use last November and passed a bill to regulate medical cannabis in 2015. California has a dual licensing program under the medical bill that requires local licensing prior to obtaining a state license (state...read more
RE: AG Sessions signals no major federal marijuana crackdown – What?! | Kristen Yoder | Pulse | LinkedIn
This article was written and published on the Marijuana Business Daily Website. March 15, 2017. The following post is my reaction/interpretation of the original article here. Parts have been removed, rearranged and the sections that I found to be questionable,...read more
"The Trump administration has signaled that it may reconsider the Obama administration’s hands-off policy with respect to state laws legalizing recreational marijuana use, but not medicinal marijuana use. So the recent changes we have seen are unlikely to be entirely...read more
Update on 'Essential Politics: California Republicans gather for their state convention in Sacramento' Source: Lt. Gov. Gavin Newsom asks Trump for cooperation with California on marijuana...read more
There are two important court cases that anyone in cannabis needs to be aware of - these are CHAMP and OLIVE. They've set precedent on how the IRS views 280E. Here's a summary of the two: CHAMP Case The Tax Court has tried a few cases involving taxpayers that sell...read more
One of the first steps of getting your accounting system set up, is getting a solid chart of accounts for your business. Depending on what sector you fall in - your chart of accounts will be different. A business needs and should want to know where funds come and go....read more
What is 280E I've written a book about 280E and given hundreds of consults on 280E and its affect on cannabis business; however, I'm shocked about how many people in this business or getting into this industry still aren't aware of the impacts of 280E. Here's a quick...read more