When the California Bureau of Cannabis Control (BCC) first released its proposed medical cannabis regulations under the Medical Cannabis Regulation and Safety Act (MCRSA) last April it created license types for laboratories, retailers, distributors, and transporters. Most people were surprised (and worried) when they found out that the MCRSA did not create a license type … Read moreCalifornia Cannabis Delivery: Not So Fast and Furiously Difficult
Returns are due next month. Time to hustle. In California, the first Cannabis Tax Return is due on April 30, 2018 and many of our clients are now working through the issues related to the Cannabis Cultivation and Excise Tax. In addition, many marijuana businesses must file their first 2018 estimated federal tax payment by … Read moreCalifornia Cannabis Taxes and IRC Section 280E
Tomorrow and Friday, at the DoubleTree Suites by Hilton Hotel in Santa Monica, Hilary Bricken will be chairing a CLE on California Cannabis Laws and Rules, with a specific focus on SoCal’s cannabis business and regulatory scene. The event will be produced by The Seminar Group. You can see a copy of the agenda here. In addition … Read moreWant to Know More About California Cannabis Laws and Rules? Join Us Tomorrow in Santa Monica!
If only it were so easy. There is a direct correlation between the complexity of a state marijuana business licensing system and the complexity of financial deals that industry participants undertake. Washington, Oregon and most of all, California, provide fertile grounds for increasingly complex deals. Outside of cannabis, my firm sees similarly complex transactions proposed … Read moreComplex Cannabis Deals: Don’t Get Left Holding the Bag
It’s not optional for California packaging and labeling. California is just starting to get its cannabis packaging and labeling regulations right under MAUCRSA. As part of this multi-part series on these regulations, I covered transition period product packaging and labeling in a previous post, and I analyzed the packaging and labeling for “New Products” in another post. Today’s … Read moreWhat’s On Your Label, Part 3: California Cannabis Packaging and Labeling, and Prop. 65
Equity incentives can help you motivate the team and grow fast. It’s a good time to revisit the very basics of cannabis company structuring, particularly in light of two new developments in 2018: tax reform and California state-wide legalization. Thus, this is the second article in our three-part “Reviewing Corporate Law Basics” series. The first … Read moreEmployee Equity Incentives for Your Cannabis Startup: Stock Options, Restricted Stock, RSUs, or Something Else?
Failure to pay wages can cost you — a lot. We get a lot of questions regarding how to pay employees and the consequences of failing to do so properly. With a few exceptions, if you hire someone to work for your cannabis business, you need to pay them at least minimum wage. Failure to … Read moreCannabis Companies and Wage and Hour Laws: Meek v. CNH Labs
Did San Mateo’s new ordinance moot the CEQA issue? Last month, we blogged about the writ petition brought against the County of San Mateo by petitioners who alleged non-compliance with the California Environmental Quality Act (“CEQA”). CEQA requires environmental review of discretionary projects to inform the public and government decision makers of the environmental consequences … Read moreCalifornia Cannabis Zoning: Update on the County of San Mateo Case and CEQA
When musicians begin touring, it’s almost a given that they’re going to be carrying a little bit of the green with them. It’s part of the creative process, obviously. However, a little discretion goes a long way, especially if you’re not in a very marijuana-friendly state. The rap group Migos obviously did not receive that particular … Read morePolice Discover 420 Grams of Weed in Migos Tour Bus
Every cannabis and caffeine lover’s dream is about to come true: A cafe in this city will soon serve cannabis-infused lattes. An offshoot of downtown Seattle’s Cafe Hitchcock, Cafe Hitchcock Express will open its doors this spring. What They’ll Be Serving The newest item on the menu at this downtown Seattle coffee stand is the “wellness … Read moreA Cafe In This City Will Soon Serve Cannabis-Infused Lattes
Can GW Pharma get there with Epidiolex? In previous posts we’ve discussed the process for FDA approval of cannabis drugs. Today’s topic is GW Pharmaceuticals, a British biotech company focusing on prescription cannabinoid medicines, including developing and commercializing pharmaceutical products which address clear unmet needs. GW Pharmaceuticals was founded in the UK in 1998 by … Read moreGW Pharmaceuticals: A Case Study for Cannabis FDA Approval?
In a recent radio interview, NYC First Lady Chirlane McCray said she supports legalizing marijuana. Her husband, Mayor Bill de Blasio said he has a different take on the issue. But McCray’s support could be helpful for the legalization movement, as she is a highly influential person who is reportedly thinking about running for public … Read moreFirst Lady of NYC Chirlane McCray Supports Marijuana Legalization
Josephine County is ALL IN on prohibition. For the past several months we have been following Josephine County’s efforts to regulate away its cannabis industry, specifically in rural residential zones. This saga has taken many twists and turns (see here, here, here, and here), but this week brought perhaps the biggest twist yet: Josephine County … Read moreBREAKING NEWS: Josephine County Sues the State of Oregon to Kill Its Cannabis Programs
After his battle with addiction, Lamar Odom announces plans to launch weed business. The ex-husband of reality star and businesswoman Khloé Kardashian hopes that his business will help people struggling with substance abuse. Lamar’s Struggle With Drugs In 2015, Lamar Odom experienced a highly-publicized overdose, which left him in a coma. Towards the end of … Read moreLamar Odom Announces Plans To Launch Weed Business