Articles Tagged with cannabis business lawyers

When it comes to hiring, retail cannabis operations have some special considerations. A consult with a California marijuana business lawyer helping entrepreneurs navigate the world’s largest cannabis marketplace should not overlook corporate structure, business plans – and hiring. Our team has longtime experience, both in cannabis and employment law.cannabis business

Human Resources is a budding new branch of the cannabis industry, as marijuana retailers want to be certain they are following both the spirit and letter of the law when it comes to recruitment, hiring, promotions and adverse employment action.

Job growth in this sector has reportedly been impacting other industries, such as hospitality and restaurants, where cooks, servers and others are flocking to greener pastures. Some dispensaries are finding they have a glut of applications and resumes, so the question becomes how to hire the best people – and cover all your legal bases. Continue reading

To assist California cannabis growers establish their regions as brands, the California Department of Food and cannabis businessAgriculture is working on a system of regulations for naming craft cannabis strains. According to a report from Ganjapreneur, this is similar to the way the system of naming works for wines, in which a wine must actually be from the Napa region in order to carry that moniker on its label. CalCannabis Cultivation Licensing, the arm of CDFA that controls marijuana growers, is planning workshops in September to gather feedback and provide more information to cultivators.

The area known as the Emerald Triangle in Northern California has earned its name due to its high rate of cannabis cultivation. In fact, it’s the largest marijuana-producing area in the country. Growers in the region would like to capitalize on their world-renowned status to help give their product recognition and increase its desirability. They pride themselves on creating interesting, high-quality strains and growing in top-notch environments, and they want to make sure that random grow operations from some other region can’t use their regional names on their own labels.
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As with any retail business, cannabis entrepreneurs find themselves with increased sales around the holiday season. Businesses which are prepared for these opportunities can invest in growth which will sustain profitability well into the new year.cannabis business attorneys

Fall Festivities

There are many ways to market cannabis products for the fall season. GOOD Co-op, a cannabis company based in Oakland, has introduced a “pumpkin spice blondie”. According to Fortune, the cookies are made with real pumpkin, a special blend of spices, and organic cannabis butter. The edibles will be sold exclusively through the Eaze platform in the Oakland area. There are many possibilities for similarly autumn-themed cannabis edibles and products. Apple butter, pumpkin buttercream, and similar autumn scents can be incorporated in many different formats. Edible treats, lotions and salves, bath products, candles, and many other products can carry popular autumn scents. Autumn festivals, carnivals, and other events give cannabis business owners more formats in which to introduce their products to consumers.

Like any law, Proposition 64 (California’s Adult Use of Marijuana Act) brought mixed public opinions from both advocates and opponents of marijuana use. Of the many benefits touted by advocates, there is perhaps one surprising example that has been quietly overlooked. The marijuana industry is poised to revive the tiny community of Nipton, California.cannabis business lawyers

Nipton is a small historic mining camp located in the remote Mojave Desert. After the camp was abandoned it was left as a ghost town. The Los Angeles Times reports that it cycled through eight private owners before being sold to American Green for five million dollars. American Green, a cannabis company, plans to turn the town into both a retreat for cannabis enthusiasts and a distribution center for larger manufacturing operations. Continue reading

Like business owners in any industry, cannabis entrepreneurs must prepare for the various taxes which will be levied by state and local governments. This can be an overwhelming task – especially in the current environment of unsettled regulations and uncertain administrative policies. However, strategic planning can devise tax strategies which reduce a company’s overall tax liability, and thereby improve its profitability. Prepare your business for the overhaul of the cannabis industry which has already started across California.

By consulting with a cannabis business attorney, you can prepare your business for profitable operations from Day One.  cannabis business attorneys

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Federal banking regulations have made the operation of a cannabis business both a complicated and dangerous proposition. Because cannabis is still classified as a Schedule I drug under federal law, any transactions made at a cannabis business operating lawfully under state law are, nonetheless, considered illegal drug money under federal law. This is a problem for banking institutions, because they are subject to federal law and banking regulations. Most cannabis businesses have no alternative other than to operate exclusively in cash. Continue reading

The legalization of recreational marijuana in California has created a revolution within the cannabis business sector. As cannabis business owners prepare to adapt to the regulatory and financial overhaul of an entire industry, many are looking to the craft wine sector as a model of profitability in a highly regulated industry. Some ambitious entrepreneurs are even looking to combine the two in a potent combination of craft pairings. cannabis business lawyers

The Craft Strategy

The overhaul of the cannabis industry in California is an expensive proposition, and many owners of smaller cannabis businesses simply do not have the resources to adapt their business model to new regulations. They are addressing this problem in many different ways. Some small farm owners are banding together to form marijuana co-ops, which will help all participants adapt to the changing industry. Others are borrowing the business model of the craft wine industry: by focusing on a specialized product which commands a premium in the marketplace, their profit margins increase dramatically.

Leafly reports on the case study of one Sonoma County grower who has eschewed the mass market strategy with great success. Sam Edwards grows loose, airy buds that have little value on the flower market, but are “absolutely great for extracts”. Indeed, his vape cartridges command a premium of nearly double the price of other cartridges. Edwards himself worked in the wine industry, and it was there that he learned this business strategy. By developing a high-end specialty product with local character, niche wineries were able to compete with large, mass-production wine companies. Edwards does the same to compete with mass market cannabis growers.     Continue reading

For the first time in global history, gym members can get lit while lifting. workout

It’s happening at a new gym in San Francisco, founded by a former professional football star who has been a staunch advocate for marijuana use. Ricky Williams, a former running back who scored the Heisman Trophy in college and played in the National Football League for the Saints, Ravens and Dolphins, teamed up with snowboard company executive Jim McAlpine. The company, Power Plant Fitness, allows members to smoke marijuana before or after working out, and also has edibles and topical gels for those who want to avoid actual smoke. It will officially open in May.

Many users say marijuana helps them to focus during or relax after workout sessions. The goal, according to the company’s website, is to promote “optimal states of wellness and peak performance.” As Alpine told Outside magazine last year, cannabis brings you in the “eye of the tiger mode.”  Continue reading

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