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cole memo

Cole Memo Rescinded

On January 4, 2018, Attorney General of the United States Jeff Sessions rescinded the 2013 Cole Memo, which provided protections from federal prosecution for states in which cannabis is legalized. Under the Cole Memo, federal prosecutors were disallowed from using any resources to enforce federal laws prohibiting marijuana. Now, they have been given full oversight into how to enforce those…

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cannabis industry | cannabis exports

Cannabis as an International Commodity

Cannabis legalization is a global movement.  Currently, 29 nations have some form of medical cannabis laws in place. An equal number of American States have legalized cannabis to some degree. What may be most interesting is that nearly 10 nations have some Treaty or Agreement that allows for the international import and export of cannabis. The list notably includes Canada,…

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exit bag

What does the California child-resistant bag legislation mean for the cannabis industry?

What does the California child-resistant bag legislation mean for the cannabis industry? When it comes to the new California child-resistant bag legislation regarding cannabis sales, much dust has arisen around the subject. Confusion and misunderstandings have started to rule the cannabis industry, seemingly without anyone to clarify the problematic and purge the panic once and for all. With legalization knocking…

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cannabis inventory management

Inventory Management for Cannabis Business

Cannabis Inventory Management Retail inventory management systems have existed for a long time. They facilitate the complex interchange of supply and demand for an increasingly consumptive society. For traditional markets, there exist several industry-standard companies with shared or similar processes and procedures, proven over time to work. In a nascent industry like cannabis, however, there are not decades of historical…

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endocannabinoid system

The Amazing Endocannabinoid System

The Amazing Endocannabinoid System The Endocannabinoid system (ECS) was discovered by Dr Raphael Mechoulam, considered to be the father of cannabis based medicines. What’s most amazing is that the ECS is now considered to be the largest network of receptors in the human body. The discovery of the Endocannabinoid system (ECS) is arguably the greatest health discovery of modern times.…

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cannabis taxation

280E – the Complexity of Cannabis Taxation

The 280E and the Complexity of Cannabis Taxation. Federal tax law as it regards the cannabis industry typically hinges on one relatively simple, extremely simplistic Internal Revenue Code (IRC) – 280E. This law effectively removes from cannabis businesses the standard tax deductions and credits that are the foundation of small business success in the United States. Specifically, any taxes paid…

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undiluted terpenes

Terpenes: The Molecules Behind the Magic

For cannabis enthusiasts, sharing and comparing favorite strains is nearly as central to enjoying the lifestyle as discovering a new path to an idyllic cognitive or physical high. Many know their favorite strain by its colorful name, a preferred grower and/or simple terms like indica or sativa, but few understand the true science behind what gives life to the pure…

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therapeutic properties of terpenes | legal weed

Facts About Legal Weed We Did Not Know

It turns out smoking trees is more profitable than cutting them down. The first government report on employment in our state’s legal weed economy found that more than twice as many people work in the legal pot industry than work in the lumber industry. The report, conducted by the Washington State Institute for Public Policy (WSIPP), found that more than…

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Cannabis for Mental Health | mental health benefits of cannabis | marijuana law

Massachusetts Lawmakers Reach Marijuana Law Deal

BOSTON (AP) — An agreement between House and Senate negotiators on changes to the state’s voter-approved marijuana law will allow for a tax of up to 20 percent on retail pot sales. Highlights of the deal were released Monday by the office of Sen. Patricia Jehlen, co-chair of a conference committee that spent several weeks trying to resolve differences between…

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