Cannabit

July 29, 2018

Cannabis Legalization in New York: A Question of When and How, Not Whether

By Noah Potter, Esquire, Of Counsel to Hoban Law Group [Editor’s note: This is the first of a two-part review regarding the status of adult-use legalization […]
July 29, 2018

California Cultivation Licenses Top Counties

Some notable trends emerged through New Frontier Data’s analysis of where California’s 3,040 cultivation licenses have been issued as of July 18. Out of the 27 […]
July 22, 2018

Oregon, Going Through Some Growing Pains

By J.J. McCoy, Senior Managing Editor for New Frontier Data Oregon has some issues. It has been 20 years since it became (with Washington in 1998, […]
July 22, 2018

Oregon Retail Flower Sales Soar as the Price Per Gram Falls

In 15 months, the average price per retail gram of flower plunged from $9.79 to $5.77, fueled by increased competition and greater operational efficiency. Meanwhile, the […]
July 22, 2018

Beware! Are you in compliance with your cash payments?

By Mary Amato, CPA, Partner, CohnReznick It is no secret that the Internal Revenue Service (IRS) is aggressively auditing cannabis businesses. The focus is on more […]
July 15, 2018

Banks and Credit Unions Working with Cannabis Business in the U.S.

Despite federal prohibition of cannabis, the number of U.S. financial institutions serving the industry increased more than 29% in 18 months. Most institutions are state-chartered banks […]
July 8, 2018

National Arrests for Cannabis-Related Offenses 1996-2016

Despite the majority of states allowing medical cannabis use, cannabis leads drug-related prosecutions in the U.S by a significant margin. Over 650,000 people were arrested for […]
July 8, 2018

The Patton Family, Green Meadows Farm, and a Commitment to Giving Back

Historic Massachusetts farm cultivates medical cannabis with a social conscience By Michael Harlow, CPA, Partner Beginning decades ago, George and Joanne Patton, son and daughter-in-law of […]
July 8, 2018

Despite Recognition of Injustice, Arrest Rates for Cannabis Remain Unequal

By J.J. McCoy, Senior Managing Editor for New Frontier Data New research from New Frontier Data finds that cannabis arrests account for 41.6% of all drug-related […]