Category: aBIZinaBOX Inc. and Jordan S. Zoot

IRS Updates CTR Exams

IRS Updates CTR Exams

IRS Updates CTR Exams – While we do a very significant amount of writing for our clients, partners, friends and the cannabis industry in California as a whole, we also do a very substantial amount of reading, and perhaps our three “go-to reads” are

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CA: DOJ Medical Cannabis

CA: DOJ Medical Cannabis

CA DOJ Medical Cannabis Rule Summary -The 16-page document from Attorney General Xavier Becerra’s office is “a good, solid first step” for enforcement, Kazan said. It spells out what is and what isn’t lawful grow.“I appreciate that it is coming from the top,” he said. The document summarizes more than 20 years of state laws, regulations, and guidelines concerning the growing, distribution and transportation of medicinal cannabis in the Golden State. The purpose of the release was “to reflect the evolution of cannabis legalization in California,” according to a statement from the Attorney General’s Office.

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CCAs CREATE PROFITS

CCAs CREATE PROFITS

On August 6th we published an article that illustrated the savings for consumers and additional profits for cultivators that could be produced through the use of a properly organized Cannabis Cooperative Association (“CCA”). This article describes the savings for consumers and the additional profits for cultivators in movement of cannabis in the form of extracted oil.

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CCA’s Beat Underground

CCA’s Beat Underground

We decided to illustrate the financial efficiency of moving cannabis from cultivator to consumer through a fully integrated CCA for the benefit of all California residents.  Every California resident is impacted by this industry regardless of social, moral or political viewpoint relating to cannabis, and regardless of economic standing.

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Transactions Involving Changes in Ownership, Financial Interests and Entities

Transactions Involving Changes in Ownership, Financial Interests and Entities

We ran across an article by Hilary Bricken, Esq. entitled “Welcome to the Jungle: Changes in Ownership, Financial Interests, and Entities for California Cannabis Businesses.” The article is a valiant attempt to capture a very real and complex problem. However, our view is that the article falls far short of addressing the totality of the problem

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BCC = INEPTITUDE = CHAOS

BCC = INEPTITUDE = CHAOS

On July 17, 2019, we described five critical changes the Bureau of Cannabis Control (“BCC”) must immediately cause to be made in connection with the regulation of cannabis in California. [See Critical Changes] In the introductory paragraph of our July 17th article we noted the California Department of Finance (“CDF”) recently released a scathing audit report on the enforcement activities of BCC. [See California DOF Audit Report on BCC]

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BCC = Ineptitude = Chaos

BCC = Ineptitude = Chaos

On July 17, 2019, we described five critical changes the Bureau of Cannabis Control (“BCC”) must immediately cause to be made in connection with the regulation of cannabis in California. [See Critical Changes] In the introductory paragraph of our July 17th article we noted the California Department of Finance (“CDF”) recently released a scathing audit report on the enforcement activities of BCC. [See California DOF Audit Report on BCC]

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Critical Changes

Critical Changes

Proposition 64 was an ill-conceived, poorly-drafted amendment to California’s Constitution. The black cloud of Proposition 64 has one serious silver lining. Proposition 64 preserved Proposition 215

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Advantage CCA

Advantage CCA

We have decided to write a primer on the advantages of Cannabis Cooperative Associations (“CCAs”) because many of our readers have asked us why we keep talking about them.

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California: Chaos Will Continue

California: Chaos Will Continue

As our readers are aware, we look at developments in California’s cannabis industry differently than most. AB 97 and SB 97 were signed into law by Governor Newsom on July 1st. These Bills address expiring provisional licenses and add a new tool for law enforcement to use against unlawful cannabis activities. We applaud the Legislature and the Governor for trying. However, these Bills merely assure that the chaos will continue. These Bills address none of the causes of the chaos in California’s cannabis industry.

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Cannabis Business Reality – Conference Agenda Mismatch

Cannabis Business Reality – Conference Agenda Mismatch

Cannabis Business Reality. Conference Agenda Mismatch. For those of you who read our post regularly, it is no surprise that we have been “beating a drum” over problems within the cannabis industry in California that focus on licensing and the underground market.

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California Cannabis Contract Conundrums For Lawyers

California Cannabis Contract Conundrums For Lawyers

We were prompted to write this article by the juxtaposition of two articles republished by Cannabis Business Executive in its July 4th Edition. The title of the first article, The Top 5 Most Dangerous Cannabis Contracts in California, caught our eye. We were intrigued by the title. What is a “dangerous” contract? We will come back to the list of the five most dangerous cannabis contracts in a moment. First, we want to briefly comment on What’s a Cannabis Lawyer? The juxtaposition of this article with the above article was surprising. It seems to us the answer to the question “What’s a Cannabis Lawyer?” is ……. “A lawyer who can identify the five most dangerous cannabis contracts ” That would be a good start for retaining an effective cannabis lawyer?

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Carrot and Stick!

Carrot and Stick!

We quoted Lori Ajax in a recent article.  We will repeat the quote, “I just want to crush the illegal market,” Ajax said to applause at Meadowlands.  “I don’t usually say that out loud …We didn’t go through this the last few years to have (the legal) market be undermined.”

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Not Even Close To OK !!! California, Cannabis & IBI (Inherent Bureaucratic Ineptitude)

Not Even Close To OK !!! California, Cannabis & IBI (Inherent Bureaucratic Ineptitude)

We were prompted to write this article by the Los Angeles Times publication of “California to Give Struggling Cannabis Businesses More Time on Provisional Permits” on June 14, 2019.   The Times article describes yet another band-aid the Legislature is slapping on California’s maladroit roll-out of cannabis regulation. This particular band-aid is an emergency extension of time through a budget Trailer Bill. The Bill, which is opposed by environmental groups, extends provisional licensing.

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The Consequences of Not Studying History

The Consequences of Not Studying History

We happened upon an article about a New York conference that both piqued our curiosity and reminded us of another conference which was held in Upstate New York a bit over sixty years ago. MjMicro is an invitational forum that unites publicly traded cannabis companies led by seasoned executives with next level, high net worth investors looking for shorter term ROIs and guaranteed liquidity.

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“CCC”

“CCC”

What does the acronym “CCC” mean? CCC is our acronym for “California Chaos Causes” We cannot list all of the causes of problems in California’s cannabis industry. The list of causes becomes longer every day. Our CCC refers solely to major causes.

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CalCannabis Harming CCA’s

CalCannabis Harming CCA’s

By now, anyone that reads our articles is certainly aware that we like the cannabis cooperative association [“CCA”] structure, its an amazing vehicle for small craft cannabis cultivators to pool their resources, save money and remain competitive in a market that is quickly filling up with large vertically integrated businesses. We have become incredibly frustrated with the reticence of CalCannabis to issue a license to a CCA other than one that is fo4Redacted RParrottLetter (2) engaged in cultivation or processing. One of the professionals we know that is active in seeking to get CCA’s licensed wrote a letter to Mr. George Parrott, the Director of CalCannabis. We are sharing a redacted version of that letter with everyone so that everyone becomes aware of where this situation stands. We intend to distribute this broadly in the hope that we can resolve this without litigation.

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Sydney Criminal Lawyers is an experienced team of specialist criminal defence lawyers who work together to ensure clients achieve the best possible outcomes in their...

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Your HR Bud LLC

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Chris Youmans - Human Capital Advisor to the Cannabis Industry Grow Your Team to Grow Your Business! We serve an exclusive client base in a...

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Boutique accounting firm that specializes in helping clients in the legal cannabis industry. We represent clients all over the United States, both plant-touching and ancillary....

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Cannabis law and commentary on legislative updates. Tom Howard has actively researched and served the cannabis industry legal needs since 2010. He has frequently published...

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Green Entrepreneur

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How-to guides, ideas and expert insights for entrepreneurs looking to start and grow a cannabis business. Read The Latest News [feedzy-rss feeds="https://www.greenentrepreneur.com/latest.rss" max="10" feed_title="no" refresh="12_hours"...

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Dama Financial, through its partner banks, provides cannabis-related business with access to a secure, transparent banking solution that allows cannabusinesses to secure their cash, make...

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CaliExtractions

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Since 2014 Caliextractions has been Northern California’s premier producer of essential oil extractors, located in Sacramento. We specialize in Aircraft Aluminum and Stainless Steel Extractors....

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The Law Office is a multi-attorney firm with offices in the DC area, Denver, and West Virginia. We represent clients in employment and occupational safety...

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Find in-depth information for growers at moldresistantstrains.com Mold Resistant Strains is owned by Jared Cox, a medical cannabis grower and seed strain collector in Hawaii....

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Cannabis Attorney in Oregon & Washington. We understand your unique cannabis business, legal, and compliance needs. We are thought-leaders and consistently receive amazing reviews from our former...

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aBIZinaBOX Inc

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The Cannabis Practice Group ["CPG"] of aBIZinaBOX Inc. CPA's serves commercial cannabis industry businesses in California. The CPG have experienced > 250% growth over prior...

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Hanson Bridgett

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Hanson Bridgett is a law firm with more than 150 attorneys in offices in San Francisco, Sacramento, the North Bay, the East Bay and Los...

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Langlois

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Our specialized cannabis team is composed of lawyers with expertise in business law, labour and employment law and information technology law. They have the experience...

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MG Miller

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MG Miller is a modern intellectual property boutique located in Manhattan’s Financial District. Working primarily with startups and entrepreneurs, we create intellectual property portfolios that...

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  • Hansen v. U.S. Dept. of Homeland Security

    911 F.3d 1362 (Fed. Cir. 2018)Employee was properly dismissed from his position after a positive drug test because the Department of Homeland […]

  • Horn v. Medical Marijuana, Inc.

    15-701 (W.D.N.Y. 2019)CBD byproduct from the extraction process is essentially a resin extracted from cannabis, which in 2012 fell within the […]

  • Sena v. New Mexico Dept. of Health

    No. D-101-CV-2016-01971 (N.M. Dist. 2018)The purpose of the Lynn and Erin Compassionate Use Act is to assure medical cannabis patients in New Mexico […]

  • Eplee v. City of Lansing

    2019 Mich. App. LEXIS 1320 (Mich. Ct. App. 2019)A company is not required to change its drug policy to allow a medical marijuana patient to […]

  • Llamas v. Titus

    No. 2018-0516 (Del. Ch. 2019)Following the death of his co-member, the remaining member and manager of a cannabis company, amended an operating […]

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