Montana Medical Marijuana Laws Take Effect

By |April 23rd, 2018|

Montana medical marijuana regulations are changing. The new laws concern testing and labeling which officials hope will help them keep a closer tab on plants through their entire seed to sell cycle. The Department of Public Health and Human Services will give a grace period of 20 days to providers to implement pesticide testing.

Originally, regulations […]

420 Ready?

By |April 19th, 2018|

It’s almost here. To some, it is the ultimate marijuana meet-up of the year. To others, just another Friday. This day in question is of course, April 20th, known more commonly as 420. According to marijuana sales records collected by the Colorado Department of Revenue, exponential growth continues every year. Retail sales alone from the month of April grew […]

You’re Safe for Now from Sessions

By |March 14th, 2018|

The Federal Government announced on Saturday that they won’t take on small-time marijuana cases. Attorney General Jeff Sessions said this decision stands even though the Justice Department recently lifted policy speaking to the contrary. Authorities didn’t pursue cases in states that had legalized marijuana during the Obama years.

The marijuana industry clearly recalls that back in […]

Senate Appropriations Committee Approves Bill to Protect Medical Marijuana

By |July 29th, 2017|

Details of bill
Thursday of this week the Senate Appropriations Committee approved a bill to go forward to the senate to extend protections for states with medical marijuana. This bill is in direct contradiction to Jeff Sessions’ as well as the DOJ’s position on marijuana. This bill is still far from law at this point. The […]

Opportunity for Mexican Cannabusiness after June Announcement

By |July 25th, 2017|

Medical Marijuana in Mexico
Last month Mexican President Peña Nieto legalized medical marijuana for the country. This opens up new opportunities for Mexican cannabusiness. There are a few catches however. The first catch is that THC will be limited to 1% or lower as the bill stands. High CBD strains will be the focus of cultivation […]

Colorado Marijuana Sales Stay Consistent from Q4 to Q1

By |July 21st, 2017|

Marijuana sales Q4 FY2016 to Q1 FY2017
Colorado has recently reported $500,000,000 in tax revenue collected since 2014. That equates to $17,241,379,310 in marijuana sales. This has investors and potential owners drooling. We have calculated the quarterly sales between quarter four of fiscal year 2016 as well as quarter one of fiscal year 2017 from the […]

Greece Legalizes Medical Marijuana Opening the Door for Cannabusiness

By |July 13th, 2017|

Last week Greece legalized marijuana for medicinal use. The current Prime Minister Alexia Tsipras has opened the door for medical cannabis businesses to start planning. Just like any business owner it is important that Greek purveyors have the proper business plan and start-up capital. Potential business owners must first decide the scope of their business […]

Update on I-300 The Social Use Initiative

By |July 2nd, 2017|

There is an update on Initiative 300, the social use initiative in Denver, CO. The release of a zoning map has brought up some concerns with Colorado pot activists. Another concern is the $2000 application fee that may or may not get you started on the licensing process. If you read the previous blog on […]

Tax Check List

By |March 31st, 2017|

As December 31 fades in the rearview mirror and another year appears in the headlights, it’s time to think ahead to 2017 Tax Season. The Tax Man will be here sooner than you think.

While reviewing year-end financials, keep these things in mind:
Cash
Count your cash

When thinking of the cannabis industry, one thinks of cash. And lots of it, […]

Minnesota MMJ Workers Ratify Union Agreement

By |February 24th, 2017|

On Jan. 12 MMJ workers at Minnesota Medical Solutions in South St. Paul (Minn.) ratified a new, three-year union agreement. The workers are represented by United Food and Commercial Workers Union Local 1189. Minnesota Medical Solutions is a Vireo Company.

It includes:

annual wage increases for all employees
progression increases
additional pay for new lead positions
premiums when training […]