Archive for January 2022
Is the Cannabis SAFE Banking Act Already Cashed?
For those keeping track of the winding path taken by the Secure and Fair Enforcement (SAFE) Banking Act legislation (a.k.a. the marijuana banking bill), we’ve got the latest information. The SAFE Act, which seeks to protect banks and other financial institutions that serve cannabis companies from federal money laundering charges, was removed from the National…
Read MoreRaw Cannabis Odor No Longer Cause for Vehicle Searches, Warrants
The odor of cannabis from a vehicle, dwelling or person has historically landed pot smokers in serious hot water. Due to long-standing search warrant criteria for cannabis, law enforcement officers have relied upon the smell of marijuana as probable cause for searching and often arresting citizens — even when the cannabis was in raw, unburnt…
Read MoreOregon State of Emergency Over Illegal Cannabis Grow
Sometimes the best way to hide is in plain sight, however, hemp farmers in Oregon who are also illegally growing cannabis may have to find another avenue of concealment. According to The Oregon Health Authority and the Oregon Liquor and Cannabis Commission, as well as other sources within the state, over half of hemp fields…
Read MoreDeductible Cannabis Business Expenses by State
A new year means a new round of The Tax Man Cometh. To those who are seasoned in this aspect of the cannabis industry, here is the latest published information. Those who are new to the industry, welcome and buckle up! The list of tax-deductible cannabis business expenses is much more prohibitive than not and…
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