CANNABLOG

First Cannabis Business Certification Program offered in New York City

By Catherine Jones  bio
A six-hour certification on “How to Open a Cannabis Business” is being presented at the Cannabis World Congress & Business Exposition at the Javits Center in New York, NY on Wednesday, June 17 as part of a dedicated day of education for the leading event on the East Coast for the legalized and medical marijuana industry…

 

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CANNABLOG

Cannabis in the News: April 27 to May 1, 2015

By Catherine Jones  bio
Here are some of this week’s cannabis-related news highlights…

 
 
 
 
 

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PESTICIDE USE

As States Legalize Marijuana, Study Finds Uneven Pesticide Use Restrictions on Growing Practices, Safety Concerns, and Ecological Options

The legal and medical marijuana industry is on track to be the next American gold rush, and the second Annual Cannabis World Congress & Business Exposition (CWCBExpo) in New York, presents an in-depth educational program that covers everything from A to Z on how to succeed in the industry.
Sponsored by the International Cannabis Association (ICA), CWCBExpo taking place June 17-19, 2015 at the Javits Center in New York provides the latest insight and strategies for the legal, regulatory, financial, operational, retail, marketing and healthcare sectors of the industry…

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LAWSCAPE
 

How Much Money Could Your State Make by Legalizing Cannabis?

How does $3,098,866,907 sound? That’s how much tax revenue could be collected if all 50 states legalized and imposed their normal state sales tax plus a modest…

 

 

 

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BUSINESS & FINANCE
 

Retail Outsells Medical Cannabis

In July, sales of retail marijuana in Colorado finally overtook sales of medical marijuana. Here’s a month-by-month breakdown starting in January when retail sales became legal in…

 

 

 

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BUSINESS OPERATION

7 Protections to Include in Your Marijuana Dispensary Lease

Finding a landlord willing to lease property for your dispensary, growing or other legal marijuana business is a big accomplishment. Just be careful about the lease. Your landlord will probably offer to you the same lease form it gives to…

 
 
 

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BUSINESS STRATEGIES

Using the “2 business strategy” to get around 280E bar on tax deductions

If you operate a medical marijuana dispensary, you can’t deduct ordinary and necessary business expenses from taxable revenues the way any other business can—even if your business is 100% legitimate under your state’s laws. We all know it’s unfair. But there are ways around the problem. One possibility: Allocate your costs between medical marijuana dispensing activities, which aren’t deductible, and unrelated caregiving activities, which are. This “2-business” strategy isn’t a new invention; but it’s tricky. Here’s what dispensaries need to know to use…

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BANKING

Marijuana Credit Union Set to Open in Denver—Or So It Hopes

The Fourth Corner Credit Union got a state charter to open a credit union in Denver that would let marijuana business members make cash deposits and electronic transfers for payroll, rent and supplies…

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LICENSING

By the Numbers: Medical Cannabis Licensing in NY

Although medical cannabis in New York won’t start until Jan. 1, 2016, companies have started jockeying for position on the licensing front. Understandably so. Securing a cannabis license in New York promises…

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BUSINESS & FINANCE

Credit Unions Close Cannabis Customers’ Bank Accounts

Banks in New Mexico are having second thoughts about working with cannabis businesses. According to a Drug Policy Alliance press release, credit unions in the state are…

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