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May 3, 2016

California cannabis firms are organized as state nonprofit mutual benefit corporations because under state policy there is no strong argument that for profit marijuana sales are legal. S.B. 420 declares that it does not authorize “Any individual or group to cultivate o...

May 3, 2016

Here are four bullet points displaying what you should be doing on the backend of your cannabusiness in order  to keep in compliance for federal and state lawas and also to gain support from investors. .

 

1. Keep receipts- show expenses and demonstra...

May 3, 2016

Companies cannot make deductions disclosing unlawful money management when to allow such deductions would hurt the national or state policy that prohibits the alleged actions. Federal law implies that Congress can enforce certain provisions that restrict deductions in...

May 3, 2016

A company that is setting up a non-profit Mutual Benefit Corporation should obtain a seller's permit if the firm is going to sell or lease products at wholesale or retail levels for which they will have to collect sales tax. All firms must file their BOE which is the C...

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