The IRS’s Office of Chief Counsel recently published a memorandum providing information for cannabis companies struggling to comply with the completion of Form 8300, which must be filed every time a company receives a cash...more
What options for intellectual property protection are available to companies operating in the cannabis sector, and how are they affected by marijuana’s status as a controlled substance at the federal level?
Listen as Jon...more
A cannabis retailer, and those who collect debt on their behalf, may not be governed by the Fair Debt Collection Practices Act (FDCPA), but they probably should act like it. The FDCPA is applicable when a third-party...more
Maryland lawmakers are considering legislation that would regulate medical and recreational cannabis in the state. Here are a few takeaways from Senate Bill 516:
•Emphasis on Social Equity: Within the Alcohol, Tobacco, and...more
Maryland residents voted overwhelmingly Nov. 8, 2022, in favor of amending the state’s constitution to permit the sale of adult-use cannabis to individuals over the age of 21.
Sales may begin on or after July 1, 2023.
...more
First in a series on the New York State Cannabis/Marijuana Regulation & Taxation Act-
New York state recently passed long-awaited adult-use cannabis legislation, taking the lead on other key jurisdictions with medical...more
New York will soon join its neighbor New Jersey among the most recent states to legalize adult-use cannabis.
On Tuesday, March 30, 2021, the New York State Senate and Assembly voted overwhelmingly to legalize the...more
3/31/2021
/ Cannabis-Related Businesses (CRBs) ,
Dispensaries ,
Expungement ,
Governor Cuomo ,
Marijuana ,
Marijuana Cultivation ,
Medical Marijuana ,
New Legislation ,
New York ,
Recreational Use ,
State and Local Government ,
State Taxes ,
Veterans ,
Women-Owned Businesses
As the cannabis industry continues to expand, there will inevitably be businesses within the sector that encounter financial difficulty and may require insolvency assistance to either restructure or...more