The Agriculture Improvement Act of 2018 (also known as the 2018 Farm Bill) legalized commercial hemp production in the United States, creating an opportunity to…
Michigan’s commercial cannabis industry is still young, but it’s well on its way to greatness. Michigan is second only to California in the number of…
A unique feature of Massachusetts’ adult-use cannabis industry is the effort to foster “social equity” statewide. Social equity is intended to improve access to cannabis…
Massachusetts cannabis advocates rejoiced on November 8, 2016, when voters passed a ballot initiative to legalize recreational cannabis. But when the rejoicing was finished, the…
Maryland legalized marijuana for medicinal purposes in 2014 and implemented its medical marijuana program in 2017. The law established the Natalie M. LaPrade Medical Cannabis…
In 1981, the IRS denied $30,341.69 in costs of goods sold (COGS) and business expenses reported by Minnesota drug seller Jeffrey Edmondson and determined a…
When we first launched Marijuana Venture, I met with many people who were just starting up in this new business. The excitement level was high,…
Maine offers four categories of licenses in the adult-use marijuana arena: cultivation, product manufacturing, retail and testing facility. Cultivation licenses range from Tier 1, allowing…
By all accounts, Illinois is the “new kid on the block” in the adult-use marijuana world, but it is quickly taking its place as a…
Business is about competition. To be successful, a business needs to lure existing customers away from another business or it needs to create new customers.…