Posts in Cannabis.

Cannabis businesses can preserve their right to claim a refund for ordinary business expenses by filing protective amended federal tax returns under IRS Section 280E.

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Michigan Court of Appeals issues published decision that city's cannabis business license application and approval processes didn't violate due process clause of U.S. Constitution.

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Legal challenges could delay or even upend Detroit’s cannabis business application process set to begin on Aug. 1, but applicants must prepare now in order to file timely.

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After years of delay and speculation, the city of Detroit issues new recreational cannabis ordinance.

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Will the federal SAFE Act, which would allow cannabis businesses to access traditional banking services, win Congressional approval before one its biggest supporters leaves office later this year?

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Cryptocurrency payment networks could revolutionize cannabis industry and pressure federal government to allow traditional financial institutions to service the market.

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With the SAFE Banking Act now pending in Congress, financial institutions would do well to begin considering the necessary due diligence to potentially service the cannabis industry.

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Understanding what led a conservative Supreme Court Justice to question the federal government’s need to prohibit the intrastate use or cultivation of cannabis.

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Michigan Supreme Court ruling gives municipalities broad latitude to regulate cannabis grow facilities through local zoning laws.

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Biden-Sanders Unity Plan falls short on cannabis agenda, but it’s More than what is available under Trump administration.

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Michigan Marijuana Regulatory Agency updates COVID-19 guidance for cannabis businesses.

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Michigan regulatory agency issues cannabis business requirements to protect employees and customers from COVID-19.

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While many states consider cannabis businesses essential, they are currently not eligible to receive federal COVID-19 emergency funding. That could soon change.

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Rapid industry growth leads U.S. Treasury Inspector General to publish report calling for more tax compliance efforts and additional guidance to cannabis businesses.

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Michigan governor issues an executive order allowing medical and recreational cannabis businesses to remain open as essential services during coronavirus pandemic.

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No need to be confused about cannabis possession or use in Michigan. We’ve created this simple “Dos and Don’ts” list to guide you.

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Repeating election mistakes of the past may doom future efforts by cannabis industry advocates to win voter approvals for local ballot initiatives.

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Court rules a legally operating cannabis business under California state law is not entitled to any tax deductions.

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Like other requirements, environmental regulations apply to medicinal and recreational cannabis businesses too.

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Michigan Court of Appeals rules real estate contract illegal, barring recovery by cannabis grower tenant seeking damages for alleged wrongful conduct by defendant landlord.   

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Can a landlord receiving rent from a cannabis businesses file a Chapter 11 Plan of Reorganization or will their plan go up in smoke because cannabis remains illegal under federal law?

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Officials must read more than “tea leaves” to fully understand how Michigan’s medical and recreational cannabis industries will impact the state’s energy grid.

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Illinois’ landmark move clears a path for one of the nation’s largest adult-use cannabis markets, providing huge business opportunities.

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With only two weeks left until adjournment, can Illinois legislators get a bill legalizing recreational cannabis across the finish line?

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Appellate court rules municipalities cannot reject rezoning applications by cannabis businesses without a logical reason.

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Democrats rally around federal legalization of cannabis with introduction of Marijuana Justice Act and Path to Marijuana Reform.

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LARA allows caregivers to provide product to medical cannabis processors and growers, but temporary operations must cease doing business on March 31.

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Michigan’s new Gov. Gretchen Whitmer seeks to streamline cannabis business licensing process with creation of new Marijuana Regulatory Agency.

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Paying your cannabis business taxes in cash can become a simpler process with proper planning and coordination with your accountant.

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Michigan legislation legalizes use of CBD oil, although it remains a government regulated substance.

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Michigan medical cannabis businesses with pending state business license applications can temporarily reopen under new ruling by regulatory agency.

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Unlicensed Michigan cannabis businesses are advised to seek legal counsel to understand potential impact of recent court ruling, new legislation and regulatory enforcement actions that could impact future license approvals.

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A closer look at the tax impact on recreational cannabis sales if Michigan's Prop 1 is approved on Nov. 6.

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Unlicensed Michigan cannabis businesses avoid Oct. 31 closure deadline under new court ruling.

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Understanding insurance policy fine print is a must for cannabis businesses seeking product liability coverage for bodily injury claims caused by “adulterated marihuana.”

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Canada’s recent move to legalize recreational cannabis could further thaw U.S. attitudes on the issue.

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Michigan court stays regulatory department's rule regarding unlicensed medical cannabis facilities.

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Time is running out for unlicensed medical cannabis facilities operating in Michigan.

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State of Michigan extends deadline from June 15 to Sept. 15 for existing cannabis dispensaries to close or risk denial of their medical cannabis business applications.

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Women strive to keep hold of executive positions in cannabis industry.

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Following a successful grass roots petition drive, Michigan residents will have an opportunity to vote on Nov. 6 to legalize the recreational use of cannabis.

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While banks remain on the cannabis industry sideline, a letter to Congress by state attorneys generals could soon change that.  

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Applicants seeking Michigan medical cannabis business licenses must provide full disclosure of their criminal past.

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Green caution symbol at center of Michigan's new medical cannabis labeling protocol.

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Michigan Treasury Department seemingly double-dips cannabis related businesses with new tax rules.

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Michigan law would require an amendment to allow insolvent cannabis-related businesses to wind down because they are barred from seeking federal bankruptcy protection.

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U.S. Attorney General Sessions reneges on promise not to trample states’ rights on cannabis decriminalization.

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Michigan medical cannabis board issues Advisory Bulletin that includes possibility of unified operations in one location.

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Michigan licensing board seeks to force medical cannabis establishments to close by Dec. 15 before they are eligible to be considered for a state license.

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Michigan Marihuana Licensing Board member suggests proposal to shutter existing medical cannabis dispensaries statewide by Sept. 5.

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New Michigan medical marijuana legislation requires closer scrutiny of license applicant investors, business owners and managers.

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Pending federal legislation could make banking easier for businesses in the cannabis industry.

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Michigan officials scramble to create regulations for state’s new medical cannabis industry.

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Michigan’s new regulatory regime for medicinal cannabis may require strict control and disposition of cannabis wastes.

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