New Jersey Cannabis News & Updates
Now is the time to stay on top of New Jersey cannabis news and updates. We’re here to deliver information as it’s released! The cannabis space in New Jersey is evolving each day. As more progress is made, the state’s cannabis industry is on track to level up its economy with various business opportunities. But […]
280e Tax Code Insight
Section 280e is notorious in the cannabis industry. This tax code inhibits most cannabis businesses to report their profits and gain recognition from the IRS. Section 280e has been a roadblock for many operators in the industry. It has made it hard for these businesses to succeed. However, it’s certainly not impossible. Despite cannabis’s status […]
Cannabis Financing Ideas to Scale
Whether you’ve recently decided to start a cannabis business or have been in the industry for years, raising capital can be one of the most challenging aspects of the entrepreneurial experience. However, it’s particularly difficult to finance cannabis businesses because the industry is still gaining its footing. But why? The cannabis industry is still very […]
Is Marijuana Legal in New Jersey?
Whether you’re a consumer interested in recreational or medical marijuana or an entrepreneur looking to get involved, you’re likely wondering if marijuana is legal in New Jersey. Yes! New Jersey recently legalized recreational marijuana, and medical marijuana has been legal for quite some time. For those looking for a simple answer – yes, marijuana is […]
Starting a Nursery for Cannabis
You’ve heard about the countless successful nurseries popping up all throughout the U.S. But having your own plant nursery changes when you choose to focus on cannabis instead of fruit trees, and tree seedlings. You likely won’t find cannabis clones at garden centers any time soon – and for several reasons. Over the past few […]
New York Cannabis Laws in 2021
New York has been making some tremendous progress with cannabis legalization in the last year. With this being the case, we expect New York weed laws to give consumers and business operators opportunities that weren’t available in the past. Sure, medical marijuana has been legal for quite some time. But besides the state’s medical marijuana […]
How to Become a Legal Grower in California
Becoming a legal grower or cannabis nursery business operator in Cali might seem like a daunting task, especially if you’ve been making your living as a part of the legacy industry. But while it takes some time to acquire the right cultivation licenses, cannabis businesses that go through the steps to become legitimate ultimately prosper […]
Massachusetts “Cultivation License” Insight
Anyone looking to grow recreational marijuana in MA will need a Massachusetts cultivation license. But what’s involved here? You’ve seen it done, and you’ve seen the success marijuana establishments have operating in the Massachusetts marijuana space. But how can you get a Massachusetts cannabis cultivation license? Whether you want to grow medical cannabis or recreational […]
Cannabis Control Commission Insight
The Cannabis Control Commission of Massachusetts is the state’s regulatory authority. Its mission revolves around ensuring safe, equitable, and effective cannabis. But how is this agency equitably and effectively implementing regulations for marijuana establishments? Keep reading to learn more about the role the Cannabis Control Commission plays in safely, equitably, and effectively managing marijuana for […]
California Department of Cannabis Control Insight
California has been known for its complexities for those operating in the cannabis space. However, with the state’s creation of the Department of Cannabis Control, this is expected to change. After passing Assembly Bill 141, the DCC now consolidates the state’s three cannabis programs. That’s right. The Bureau of Cannabis Control (BCC), the California Department of […]
New Jersey Marijuana Laws: Big Changes Coming
Jersey’s marijuana laws are becoming more progressive with each passing day. For business owners operating medical marijuana dispensaries in the Garden State, this could mean lucrative potential. But others looking to capitalize on recreational marijuana legalization can do so now that consumers can legally purchase marijuana without the threat of criminal penalties. New Jersey medical […]
Michigan Medical Marihuana Insight to Serve Patients
Michigan medical marihuana is likely at the bottom of most cannabusiness operators’ concerns at this point. Recreational weed legalization in the Great Lake State has become the primary topic of interest since 2019 when sales began. However, the Michigan Medical Marihuana Act, Medical Marihuana Facilities Licensing Act, Michigan Regulation and Taxation of Marihuana Act, and […]
How to Apply for Dispensary License in New York
The cannabis industry is expanding, with New York cannabis license availability just on the horizon. As cannabis becomes more widely accepted and legalized throughout states, consumers see more variety in products and brands. While many people believe that marijuana is a dangerous substance that needs to be strictly regulated, statistics show otherwise. With this being […]
Cannabis Accounting: Expert Advice to Scale
The marijuana industry is growing, and there’s no denying cannabis accounting is becoming increasingly important. The space is booming as more laws pass and new companies sprout up every day. It looks like the space will only continue to improve, too! But the cannabis industry comes with its own unique set of challenges that you […]
An Alternative to PPP for Cannabis
The CARES Act, an acronym for the Coronavirus Aid, Relief, and Economic Security Act, implemented the Paycheck Protection Program (PPP). But is there an alternative to PPP that applies to the cannabis industry? Yes! The Small Business Administration (SBA) funded and administered the PPP. This was meant to offer potentially forgivable loans to businesses impacted […]
Michigan Marijuana Insight: $20M Ready for Marijuana Research
Marijuana in Michigan is making tremendous progress. Between Michigan cannabis law progress, Michigan banking groups backing federal legislation, and the state’s recreational sector expansion, there’s a lot of excitement happening for cannabusiness operators in the Great Lake State. But there’s even more exciting news with the recent announcement about the access researchers have been granted […]
New Jersey Medical Marijuana: Taxpayers Might Pay for It
The Garden State is offering several financial assistance programs that could cover some of the costs of legal medicinal marijuana in New Jersey. The state government wants to help patients who can’t afford to pay for their own medical marijuana. This is why it’s proposing a bill that would make it possible for people enrolled […]
California Cannabis License Insight
California cannabis license types are tricky to understand, and California’s Bureau of Cannabis Control is constantly updating them. And let’s not forget about the California Department of Public Health’s Manufactured Cannabis Safety Branch (MCSB) and the California Department of Food & Agriculture. In California, cannabis businesses need a cannabis license for anything related to the […]
Cannabis Compliance Matters: Demands & Penalties to Consider
Cannabis compliance is by far the most crucial consideration to guide success in this industry. Regardless of whether you operate a dispensary, grow operation, extraction center, manufacturing facility, or something else, your compliance isn’t requested; it’s a demand. Depending on where your business is, you’ll have regulatory agencies in charge of your compliance. Here’s a […]
CDTFA Cannabis Tax Guide for 2021
The CDTFA (California Department of Tax and Fee Administration) Cannabis Tax Law is a set of regulations that were put in place to ensure cannabis businesses are complying with all state and local tax laws. This law was created by the California Department of Tax to govern the cannabis tax revenues, which includes both medicinal […]
Cannabis Excise Tax: What Should You Know?
California’s cannabis excise tax is an interesting subject for several reasons. One of which, is how it impacts theft and robbery that results in losses. In the cannabis industry, theft and robbery are major problems. As cannabis becomes more accepted by states across the country, thieves have found new ways to steal from dispensaries and […]