For many cannabis businesses, social media seems like the ideal place to advertise. Facebook provides many tools for advertisers that allow them to focus their audience in a way that would be extraordinarily beneficial for marijuana products and dispensaries. They would be able to narrow down the viewers to only…
Los Angeles, Oakland, San Diego and San Francisco have been praised for being at the forefront of decriminalization and legalization of marijuana in California. On the flip side, we have San Bernardino. The city recently passed a regulation (Ordinance No. 1464 Section 5.10) that prevents any cannabis business that has…
There are many questions that have been answered with the legalization of recreational marijuana in California. What? Proposition 64 was approved by voters and made legal adult-use marijuana. Who? Residents 21 years or older. When? As of Jan. 1, 2018. Where? Now, that’s a trickier matter. Firstly, the state law…
Sales are booming for cannabis businesses after Prop 64 allowed recreational marijuana to become a legitimate industry in the eyes of the state. However, operations are still heavily regulated, and many new marijuana business owners find the task of abiding this onerous list of laws to be a difficult one. Without the help…
Adult-use cannabis became legal in California Jan. 1 with Proposition 64 going into effect. Many cities and counties however have decided to maintain a ban on marijuana, and others did not have local regulations in place in time for the official roll out of the law. But even after just…
In 2013, Deputy Attorney General James Cole issued what was known as The Cole Memo, a directive during the Obama administration that told federal officials to back off of prosecuting those selling, distributing, growing, or using marijuana, so long as the offenders were following state laws. The memo was issued…
Proposition 64, which makes the sale and use of recreational marijuana legal in California, went into effect at the start of the year, but Los Angeles marijuana business owners had to wait to join in the fray of commercial businesses opening their doors. Los Angeles city council approved guidelines for…
Thanks to Prop. 64, the state of California is considering applications for licenses for recreational marijuana businesses beginning Jan. 1, 2018. Authority rests with local governments to decide whether to allow recreational marijuana sales to go into effect in their area, giving them power to either issue bans or develop policies…
The passing of Proposition 64 in 2016 legalizes recreational marijuana in California as of January 1, 2018. This will increase the opportunity for marijuana businesses to grow throughout the state. According to an article from Forbes, California cannabis business owners are projected to make $5.2 billion in revenue in 2018,…
The owners of a marijuana dispensary in Colorado are challenging a provision of U.S. Tax Code that the Internal Revenue Service has interpreted to mean state-legal marijuana businesses should not be allowed to take deductions or claim credits. The couple asserts in a brief filed in U.S. Tax Court that…