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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CANNABLOG

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

By Catherine Jones  bio
Marijuana may be legal in your state for medicinal and recreational use, but are toxic pesticides used in its production?
A study released earlier this month of the 23 states and the District of Columbia that have legalized marijuana finds a patchwork of state laws and evolving policy that define allowed pesticide use and management practices in cannabis production.…

 

 

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CANNABLOG

First-Ever Bill in U.S. Senate to Legalize Marijuana for Medical Use

By Catherine Jones  bio
Today, Senators Cory Booker (D-NJ), Rand Paul (R-KY), and Kristen Gillibrand (D-NY) announced the introduction of historic legislation to legalize marijuana for medical use—the Compassionate Access, Research Expansion and Respect States – CARERS – Act…

 

 

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WORKPLACE SAFETY

How to Comply with Chemical Safety Rules—the MSDS

The cultivation, processing and handling of marijuana involves exposure to dangerous chemicals and makes you potentially liable for penalties under federal workplace safety laws, including…

 
 
 

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MEDICAL CANNABIS PROGRAM

NY Still Waiting for Feds to Okay Emergency “Charlotte’s Web” Imports

The state is still waiting to hear whether the U.S. Justice Department will let the state import limited amounts of “Charlotte’s Web” cannabis for treating patients with seizures. When and if…

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FEDERAL NEWS ROUNDUP

Top 5 marijuana moves by the feds

Plenty has been happening on the federal front in regulations and rulings related to marijuana.
1 House nixes letting vets discuss medical MJ with doctors
Doctors who participate in VA medical programs aren’t allowed to recommend medical marijuana to their veteran patients even if it’s legal under state law. In 2011, the Veterans Health Administration issued a directive banning VA providers from even filling out forms seeking recommendations or opinions about veterans using marijuana in medical marijuana states. A House bill that would have cut off funding to implement that directive in states where medical marijuana is legal—the same tactic…

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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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CANNABLOG

Marijuana Law v. Policy, Part 3: How the Feds Have Applied the Cole Memo

By Glenn Demby  bio

For a while at least, The Cole Memo seemed to have ushered in a new period of calm. But after 14+ months of dormancy, the federal enforcement volcano has erupted again. California is at the epicenter. On Oct. 16, James Cole told the LA Times that the…

 
 
 

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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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