cannabis business

December 20, 2023 is the fifth anniversary of the 2018 Farm Bill, which legalized hemp in the United States. It is an important date for cannabusiness trademark owners that wish to maintain and enhance these critical assets and for those looking to establish new trademarks.  Customers...

Cannabis brands are having a tough time growing. After experiencing a 30% jump in annual sales from 2020 to 2021, the industry saw a pitiful 1% growth in 2022 according to the Brightfield Report. Given that several states opened up for business in 2022, the stagnation within the industry is even...

This article was originally published on Cannabis & Tech Today and appears here with permission. Did you know the IRS is four times more likely to audit a cannabis business than the mainstream? According to Marijuana Business Daily, the IRS uncovered an average tax deficiency of $282,596 over...

It’s well-known that the cannabis industry is undergoing a rapid and massive transformation as revenue projections for the nascent, legalized industry expect to reach $50 billion in the next three years. Yet despite this economic promise, capturing a piece of that successful share will be...

By Tiby Erdely There is an uninformed myth that claims the earliest investors in the regulated cannabis industry were all unsophisticated cowboys, or earthy folks that believed cannabis was good for society as well as an untapped source of medical innovations. While this is at least a...

By Oliver Summers In the cannabis industry, knowledge is hard-won. Too often, the conversations I hear in boardrooms among big business executives seek to compare the cannabis industry to others they are familiar with, from alcohol to healthcare. The mistake these executives make is thinking such...

By Bentley Rolling. When you are trying to market your business in the cannabis industry, you have to think differently. Traditional marketing verticals are not really an option for you; Google (NASDAQ: GOOGL), Instagram, Facebook Inc (NASDAQ: FB), etc. all restrict advertising cannabis products,...

We are now all Cinderella. As if kissed by a prince in the forest, we have awakened from 80 years of prohibition. Previous generations witnessed the rise of great sailing ships, steam engines, automobiles, mass production, commercial flight, radio, telephone and television and space travel. Decades...

By Susan Ameel, co-founder and partner of Global Regulatory Risk Advisors. The Florida Legislature passed a bill to implement a hemp program in the state in accordance with the 2018 Farm Bill on the last day of the legislative session, May 3, 2019.  The new law will require the Department of...

By Susan Ameel, co-founder and partner of Global Regulatory Risk Advisors. The Department of Justice (DOJ) updated its guidance to help prosecutors to evaluate corporate compliance programs.  Prosecutors rely on this guidance when evaluating business organizations during an investigation,...

By Susan Ameel, co-founder and partner of Global Regulatory Risk Advisors. Entrepreneurs start businesses to make money. At some point, the entrepreneur may want to sell or go public, for a variety of reasons. A company that has an inadequate risk and compliance program may find it difficult to do...

Starting a cannabis business varies greatly from state to state. More than half of Americans have access to legal cannabis in some form, but state-by-state legalization means that starting a cannabis business in Oregon isn’t the same as in Massachusetts. Today legislation, fees, and delays...