Cannitrol – Cannabis Control Agent

Marijuana news from around the world

Taxes

Colorado’s November ballot will have seven citizen initiatives, from abortion rights to ranked-choice voting

Related Articles Colorado voters are set to weigh in on ballot questions related to abortion rights, veterinary services, mountain lion trophy hunting and an overhaul of the state’s election system in November. The deadline to finalize the state’s ballot is coming Friday, but all of the citizen initiatives — meaning ballot questions pursued by members […]

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Opinion: This Fourth of July, let’s pledge to safeguard Coloradans’ liberties

Related Articles July 4th has always been a significant day for those in the parts of rural southern Colorado I represent in the Colorado House. The holiday reminds us of our continued fight for independence initiated by America’s Founding Fathers. Reflecting today, however, on the state I am honored to serve, it would be naive […]

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Brighton to allow marijuana stores for the first time

The city of Brighton is about to get a little greener.

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The first 10 years of legal marijuana in Colorado were a wild ride. What will happen in the next decade?

It’s been 10 years since Colorado hosted the world’s first legal sales of recreational marijuana. The success of Colorado’s tightly regulated system has helped reshape the public’s perception of cannabis, but the industry faces headwinds in its second decade.

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Employee Management & Human Resources: An Often-Overlooked Part of Building a Business

Well before cannabis businesses win a license application, they need to have traditional business plans outlining how they’ll run the company. While this obviously includes things like the property, the building, products and inventory, it also includes a lot of things that are often overlooked: things like payroll, human resources and employee management. Before a […]

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Alternatives to Bankruptcy for Cannabis Companies: Part 2

Part 1 of this series discussed the lack of bankruptcy protections for cannabis companies, since bankruptcy in the U.S. is an exclusively federal procedure and cannabis remains illegal under federal law and proposed a number of alternative options for businesses struggling in the current environment. Part 2 of this series focuses on one of these […]

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The Hot Debate Embroiling New York’s Potency Tax

On March 31, 2021, New York legalized adult-use cannabis with the passage of the Marijuana Regulation & Taxation Act (MRTA). Perhaps the most controversial portion of the Act was Section 493(1)-(3), which established taxes on the potency of cannabis products sold by distributors to retailers. Many cannabis advocates condemn this tariff, arguing that it increases the […]

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Montana Revisited: How Did Its Cannabis Gold Rush Pan Out?

A little over a year ago, we at AB FinWright took a look at the newly-opened adult-use cannabis market in Montana and posed the question: Is Cannabis the Next Gold Rush for Montana? Now, with our 20-20 hindsight, we can see that cannabis sales have taken off in the Treasure State and the tax dollars […]

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New Jersey Moves to Remove State’s 280E Tax Code

The New Jersey legislature recently approved legislation that would allow licensed cannabis businesses to deduct ordinary business expenses on their state tax return that they are prohibited from deducting on their federal tax return, and such legislation has been sent to Governor Phil Murphy to potentially sign into law. This relates to the universally dreaded […]

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