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Marijuana Business Daily’s MJBizConNEXT

Marijuana Business Daily’s MJBizConNEXT May 9-11, 2018 at New Orleans, LA Observations by Jim Marty, CPA, MS/ABV CEO of Bridge West CPAs and Consultants LLC   The Bridge West team traveled to New Orleans, LA earlier this month to sponsor and exhibit at Marijuana Business Daily’s MJBizConNEXT. Here are my observations: This was the first […]

Green Market Report Executive Spotlight: Bridge West CPAs

By Debra Borchardt It’s that time of year when thoughts turn to taxes. With tax reform, it’s been an especially busy and complicated effort by CPA’s to figure out just how tax reform will affect businesses and individuals. The cannabis industry luckily doesn’t have to worry about tax reform because the reform didn’t reform anything for […]

Massachusetts Registered Marijuana Dispensaries: Should You Convert from Not-for-Profit to For-Profit?

On November 7, 2012, Massachusetts voters approved a measure to legalize medical marijuana. At that time, Massachusetts law required Registered Marijuana Dispensaries (RMDs) to form and operate as nonprofit corporations pursuant to Massachusetts General Law (M.G.L.) .c.180. In addition, M.G.L. c.180 had strict compliance requirements relating to transactions between RMDs, management companies, real estate companies, […]

What a “snow bomb” Mr. Sessions has created

Just as the recent “snow bomb” blasted the Northeast with frigid temperatures, stinging wind, and damaging floods, Attorney General Sessions really stirred things up last week! On Friday, January 5, 2018, Attorney General Jeff Sessions unilaterally revoked the Cole and Ogden memos that have guided Federal law enforcement policy on medical and recreational use cannabis […]

U.S. Attorney Bob Troyer Issues Statement Regarding Marijuana Prosecutions in Colorado

Yesterday, Attorney General Jeff Sessions rescinded a trio of memos from the Obama administration that had adopted a policy of no-interference with marijuana- friendly state laws. Under the new guidance, U.S. Attorneys are directed to make their own judgements on what to prosecute. They are told to make decisions regarding what crimes to prosecute based […]