News and Press

An IRS Update For Cannabis-Based Businesses

November 26, 2014 by Cannabis Business Summit Staff

Marijuana-related businesses face myriad financial concerns due to discrepancies between state and federal laws. They are cash-based businesses because most banks won’t accept their money. They aren’t allowed to deduct common overhead expenses on taxes, and even attorneys and accountants are reluctant to give advice to these businesses for fear of reprisal…

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Industry Representatives And Regulators Agree The Proposed Edible Ban Is Not Good Policy

October 23, 2014 by Cannabis Business Summit Staff

Officials from the Colorado Department of Health and Environment made waves on Monday after suggesting a ban on all edible products except for tinctures and hard candy. CDPHE’s proposal was quickly met with pushback from industry representatives and regulators alike. Andrew Freedman, the Governor’s Marijuana Policy Coordinator, questioned the constitutionality…

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A Regulatory Expert Dishes Out Practical Advice For People New To The Cannabis Industry

October 16, 2014 by Cannabis Business Summit Staff

An attorney and the Director of Compliance at Vicente Sederberg, Jordan Wellington helps his clients navigate the complex and ever-changing web of cannabis regulation. In this video, Wellington dishes out practical advise for anyone considering jumping into the cannabis industry. Learn more about Jordan Wellington and sign up to hear him speak at the…

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INFOGRAPHIC: Cannabis Revenue In Colorado Visualized

October 16, 2014 by Cannabis Business Summit Staff

After consecutive months of adult-use sales lagging behind medical sales, lawmakers in Colorado have become publicly concerned that Colorado’s medical program, and its lower tax rate, is drawing away customers that might otherwise enter the adult-use market. But that trend may be over. For the second month in a row, adult-use cannabis sales have exceeded…

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Are Single-Serving Edibles The Hottest Trend In The Cannabis Industry?

October 16, 2014 by Cannabis Business Summit Staff

The big news coming out of the cannabis industry this week is the rise of single-serving edibles and infused products aimed at new marijuana users, many of whom choose edibles over more traditional methods like smoking. A national Associated Press story highlighted the “Rookie Cookie” from The Growing Kitchen as well as the new Dixie One Watermelon…

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