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  • State Overview: Nevada

    by Patrick Wagner August 26, 2020
    August 26, 2020

    Nevada’s regulated marijuana industry has undergone significant changes since beginning commercial production in 2015. Yet, despite license expansion, continuous litigation and material changes to its regulatory oversight, Nevada’s entrepreneurs and visitors have enjoyed an ever-expanding and…

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  • State Overview: Montana

    by Patrick Wagner August 25, 2020
    August 25, 2020

    The cannabis industry in Montana has a history as rich and colorful as the Wild West. It was one of the nation’s first medical states,…

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  • State Overview: Missouri

    by Patrick Wagner August 24, 2020
    August 24, 2020

    In November 2018, 65% of Missouri voters approved a ballot measure to legalize medicinal cannabis. While many had hoped that sales would begin this summer,…

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  • Hemp Production: Declining in the US?

    by Patrick Wagner August 24, 2020
    August 24, 2020

    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…

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  • State Overview: Michigan

    by Patrick Wagner August 21, 2020
    August 21, 2020

    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…

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  • Massachusetts: Social equity

    by Patrick Wagner August 21, 2020
    August 21, 2020

    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…

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  • State Overview: Massachusetts

    by Patrick Wagner August 20, 2020
    August 20, 2020

    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…

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  • State Overview: Maryland

    by Patrick Wagner August 19, 2020
    August 19, 2020

    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…

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  • Taxes: A heavy weight on marijuana enterprises

    by Patrick Wagner August 19, 2020
    August 19, 2020

    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…

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  • An ounce of prevention

    by Patrick Wagner August 19, 2020
    August 19, 2020

    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,…

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