The city of Detroit is set to open its second round of limited cannabis business licenses, marking a significant step in the expansion of the city’s cannabis industry. Starting August 1, the city will begin accepting cannabis business license applications for a variety of licenses, including dispensaries, microbusinesses, and consumption…
San Jose, a city known for its thriving cannabis industry, is facing a significant drop in cannabis tax revenue this year. The decline, projected to be in the millions, is attributed to the growing competition from the black market and cannabis delivery services. With a predicted $19 million budget shortfall…
In a surprising turn of events, Laguna Woods, a city in Orange County known for its high percentage of senior citizens, is considering welcoming local cannabis shops. This move is a testament to the growing recognition of the medicinal and recreational benefits of marijuana among all age groups, including seniors.…
In the ever-evolving landscape of cannabis laws and regulations, the Cannabis Law Group, led by Damian Nassiri, stands as a beacon of guidance for businesses in Southern California and across the United States. With over 14 years of experience in the industry, Nassiri and his team primarily assist clients seeking…
Introduction: In the ever-evolving landscape of the legal cannabis industry, businesses face a unique challenge when it comes to taxes. The Internal Revenue Service (IRS) Code 280E has significant implications for cannabis businesses, placing them in a distinctive position compared to other sectors. In this blog post, we delve into…
Given the challenging current state of the California cannabis industry, an increasing number of CEOs are considering joint ventures, where companies at different points of the finance and supply chains connect via contract for mutual benefit. Joint ventures can help bolster profits and reduce costs for both operations – without…
Licensed cannabis B2B operations in California are faced with some pretty substantial challenges when it comes to getting off the ground. A rampant black market, heavy taxes, and tight regulations – all of these drain time, money, and professional resources, and make it tough to turn a profit in this…
California cannabis regulators are taking pointed aim at mistreatment of cannabis company employees throughout the state. The Department of Cannabis Control has sought assistance from law enforcement agencies throughout the state to help identify and root out labor exploitation, which they say has become a serious problem in the marijuana…
If anyone knows how critical it is to keep good records, it’s California cannabis companies. From metric analytics to regulatory compliance, the marijuana industry depends on data and documentation to ensure their operations are successful. Routine audits are a part of this. As our Los Angeles cannabis lawyers know, there…
Companies that produce CBD products for consumer sales need to be especially careful with respect to the potency of their product and proper labeling that does not make misleading medical claims. As our Los Angeles CBD lawyers can explain, these are the two fronts upon which most CBD product liability…