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California’s legal cannabis industry has long been regarded as a model for safe, regulated marijuana production. However, the state is now facing a serious challenge related to pesticides in cannabis products. In recent months, there’s been a big push to put cannabis...
Money laundering – or the act of making illegally obtained money look legitimate so that it can be freely spent – is something that happens in stages. Each stage of the money laundering process tends to involve multiple people and significant legal risk. What are...
Many drugs can be bought at stores, such as cough, inflammatory, headache and pain medicines, creams and vitamins. These drugs often do not require any sort of verification to buy. Some drugs are prescribed by doctors and can be obtained at pharmacies. Other kinds of...
When many people think of marijuana, they just think about the plant. And it used to be that this was the main form in which people consumed it. When the marijuana plant flowers, it can be rolled up and smoked, just like smoking other types of plant products. However,...
If you look at maps of cannabis legality in the United States, California is always green. This was one of the first states to approve medical marijuana and recreational marijuana. This trend has now spread to nearly half of the U.S. states, but it has been in...
The Bank Secrecy Act (BSA) was enacted in 1970 to help combat financial crimes. This law requires financial institutions to assist United States government agencies in detecting and preventing money laundering, tax evasion and other financial misconduct. ...
Money laundering is a tactic used to disguise the source of financial assets. Essentially, it’s done to make it appear that illegally obtained funds actually came from a legal income source. For example, say that someone has been illegally selling marijuana. While...
When planning to open a marijuana retail business, you need a space to house your operations. Leasing a headquarters is often the most common choice for new cannabis retailers. Leasing commercial space is not the same as renting a house or apartment. For example,...
The U.S. appears to be closer than it’s ever been to finally reclassifying marijuana as a Schedule III drug rather than Schedule I. Advocates for reclassification have long argued that it doesn’t belong in Schedule I with the most dangerous drugs that have no medical...
Starting a new business in the flourishing cannabis industry has many issues that are specific to the industry. Yet business owners will also face the usual things that business owners in all other industries must deal with. One thing you definitely need to concern...