[UPDATED 3-21-2018] The Blurred Line between IRS Tax Collection and Federal Drug Laws

As California prepares for state-legal cannabis sales to begin, expectations of a robust, highly profitable market are rampant. But looming legal issues may cramp such sky-high expectations. Heavy tax burdens, for example, may strain profitability. Here we discuss Internal Revenue Code section 280E, which has a major potential effect on cannabis companies’ federal tax burden. […]

Santa Rosa Planning Commission Considers Cannabis Ordinance, Plans to Include Adult Use

On November 9, 2017, the Santa Rosa Planning Commission held a public hearing concerning the city’s pending comprehensive medical cannabis ordinance. The most significant topics discussed were the location restrictions affecting various cannabis activities, and whether the ordinance should be modified to include adult use (recreational) cannabis as a permitted activity. What Does the Proposed […]

California Cannabis Companies Still Await Trademark Recognition

California is set to begin issuing licenses to cannabis businesses as early as January 1, 2018. There is sure to be adequate demand for cannabis right out of the gate, but demand alone does not guarantee a functioning market—especially one as heavily regulated as California’s cannabis market. At least one initial problem with that market is […]