How Cannabis Businesses Can Use IRC 471(c) to Navigate Around IRC 280E
The Challenge of IRC 280E for Cannabis Businesses For cannabis business operators, IRC 280E is a tax code that can feel like an insurmountable barrier. Introduced during the War on Drugs, IRC 280E disallows standard business deductions for companies trafficking in controlled substances, including cannabis. This restriction can result in effective tax rates as high […]
Rhode Island Social Equity Cannabis Licenses: What You Need to Know in 2025
Introduction Cannabis in Rhode Island is leading the charge in the licensed industry with its progressive social equity licensing program. Rhode Island Social Equity Cannabis Licenses aim to create opportunities for communities disproportionately impacted by past cannabis prohibitions. With the 2025 licensing cycle in full swing, it’s crucial to understand the application process, qualifications, and […]
How to Open a Dispensary in Rhode Island: The Complete Guide for 2025
Opening a dispensary in Rhode Island is an exciting opportunity, with the state’s cannabis market steadily expanding. Whether you are an entrepreneur entering the cannabis industry or looking to grow an existing venture, understanding the regulatory landscape is critical. This guide on How to Open a Dispensary in Rhode Island for 2025 will walk you through […]
Updates to Illinois Hemp Rules: Key Changes and What They Mean
The Illinois Department of Agriculture has implemented significant amendments to the hemp regulations under the Industrial Hemp Act, 505 ILCS 89. These rule changes redefine how hemp is cultivated, processed, and regulated in Illinois, marking a critical shift in the delineation between hemp and cannabis in the state, but the rules only apply to cultivators […]
Missouri Marijuana SOPs – A Compliance Guide for Microbusinesses
Introduction Missouri’s marijuana industry is expanding, offering significant opportunities for microbusinesses. However, navigating the Missouri cannabis laws’ rigorous compliance requirements is essential for success. Standard Operating Procedures (SOPs) play a critical role in ensuring that your business adheres to regulations while operating efficiently. This guide will help you develop and implement effective Missouri Marijuana SOPs, […]
How to Apply for a Cannabis License in the U.S. Virgin Islands: Step-by-Step Guide for 2024
Let’s discuss how to apply for a cannabis license in the U.S. Virgin Islands in 2024 and 2025. The US Virgin Islands (USVI) has introduced a structured, merit-based process to regulate the cannabis industry and support local business growth. If you’re interested in starting a cannabis business in the USVI, this guide will walk you […]
Unlocking Maryland Cannabis Financing: 2024 Eye-Opening Developments
The The Maryland Cannabis Administration (MCA) recently released new guidelines on Maryland cannabis financing to help social equity cannabis businesses get more financing options. As the cannabis industry keeps growing in Maryland, these updates are important for entrepreneurs, investors, and others who are navigating the complex rules. With new funding options becoming available, Maryland cannabis […]
Cannabis Litigation: A Comprehensive Guide from Howard Law Group
Litigation isn’t anybody’s favorite strain—yet when lawsuits sprout, you’d better know the rules before they smoke your bottom line. In this guide, the Howard Law Group breaks down common cannabis litigation scenarios, shows you how to dodge them, and explains what to do when “peace, love & pot” turns into subpoenas. What Is Cannabis Litigation? […]
What Does a Cannabis Lawyer Do? 5 Exciting Roles Uncovered
What Does a Cannabis Lawyer Do? Explained The cannabis industry is evolving growing. Large law firms are now adding cannabis industry practice groups to their list of services and advertising their skills as cannabis lawyers. Sometimes they lack experienced cannabis business attorneys because states are so new when they start that no lawyer really can […]
Illinois Dispensary Rules: Key Updates for 2024
As the Illinois cannabis market continues to evolve, so too does the regulatory landscape. In August 2024, the Illinois Dispensary Rules changed when the Department of Financial and Professional Regulation (IDFPR) implemented significant updates to the cannabis dispensary regulations. This is a major update to Illinois laws regarding cannabis purchase and possession in Illinois beyond […]