What Is the Small Business Tax Equity Act?

August 31 2017 in Legal Blog, Marijuana Business, Medical Marijuana

While numerous states are legalizing or decriminalizing medical and recreational marijuana, the federal government is maintaining its stance that cannabis is a Schedule I drug. This makes it illegal to grow, possess, use, or sell to others because the government has characterized marijuana as a drug...

Current Pending Marijuana Legislation in California

August 28 2017 in Legal Blog, Marijuana Business, Marijuana Charges, Medical Marijuana

In the state of California, there are various bills currently awaiting approval. The pending marijuana legislation will further the advancement of the legal use of marijuana for medical and recreational purposes and improve marijuana regulation for businesses and consumers. If you have questions ab...

Impact of Medical Marijuana on Big Pharma

June 30 2017 in Federal Marijuana Issues, Legal Blog, Marijuana Business, Medical Marijuana

It’s no secret that the medical marijuana business is booming. According to research firm ArcView Group, the national market for medical cannabis was almost $7 billion in 2016 and is likely to reach $20 billion annually in just a few years. Medical marijuana is so successful that it is eroding the...

There May Soon Be a Marijuana Breathalyzer Test

June 16 2017 in Drug Crimes, DUI, Legal Blog, Marijuana Business, Marijuana Charges

An Oakland-based startup called Hound Labs is making waves with a portable device that can measure the presence of THC on your breath in parts per trillion. According to both field tests and controlled studies, this cannabis breathalyzer can accurately detect whether you’ve recently eaten or smoke...

New Federal Law Would Make Banking Easier for Cannabis Businesses

May 26 2017 in Federal Marijuana Issues, Legal Blog, Marijuana Business, Medical Marijuana

Legal marijuana sales brought in $5.4 billion in 2015 and that number is projected to jump to $21.8 billion by 2020. Despite the wave of states embracing the legalization of medical and recreational marijuana, it remains illegal under federal law. Operating a business in the marijuana industry means...

3 Things You Should Know Before You Invest in a Cannabis Business

May 19 2017 in Federal Marijuana Issues, Legal Blog, Marijuana Business, Marijuana Charges, Medical Marijuana

With the passage of Proposition 64, which legalized the adult use of recreational marijuana, California is set to become the nation’s largest legal cannabis market. Experts predict that the legal marijuana industry will eventually add $7 billion to California’s economy and generate $1 billion in...

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