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Why is it challenging for most cannabis business owners to qualify for business loans? Your business is like any other that needs capital. But it’s unlike most companies in that your product is illegal under federal law. Balancing these two realities can make running a…
It’s hard to keep up with the regulations for California marijuana businesses. But breaking the rules means fines, lawsuits, or possibly losing your license. One more rule you now have to follow is including a cannabis health warning label on your products. Starting Jan. 3,…
As a licensed cannabis business in California, you can deliver to people over 21 years old at physical addresses. But there’s a catch. Local municipalities can prohibit or regulate delivery, according to a recent court decision. Though delivery is generally lawful, you may run into…
Last month, San Diego filed its first lawsuit seeking payment of a tax on cannabis products. And while it appears the legal action may not last long because the defendant, San Diego developer Dave Gash, stated he’d pay it immediately, he did blame the problem…
Once cannabis was legalized for recreational use for adults in California, it seemed the sky was the limit for entrepreneurs. But potential businesses aren’t limited by ideas—it’s the regulations and costs that get in the way. Cannabis entrepreneurs in California, particularly if they are minorities…
This has been a difficult year for public companies and the economy overall. The result of such a financially challenging year could be bad news for the cannabis industry. But a new player is becoming popular in the marijuana industry. Cannabis special purpose acquisition corporations…
Building a cannabis business in California is no easy feat. There are near- endless regulations, and the rules are always evolving. For your business to be a success, you not only have to obey the law, but you also have to become a master at…
The California Energy Commission’s (CEC) proposal for new efficiency standards for indoor and greenhouse cannabis facilities has California growers worried. All indoor cultivation operators, which are predominantly in the marijuana industry, would have to transition away from common grow lights, including metal halide or high-pressure…