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Quartz: Cannabis companies are paying federal taxes in cash and it’s giving the IRS a headache
/in CannaBlog /by Brigid GalvinBy Justin Rohrlich, Originally posted in Quartz, November 14, 2018 Marijuana is now legal, in one form or another, in 33 US states and the District of Columbia. To the federal government, pot is still a drug classified no differently than heroin or cocaine. Yet cannabis businesses are still required to pay federal taxes. (More taxes than […]
Observations from MJBizCon – An Interview with the Bridge West Team
/in CannaBlog, Nevada /by Brigid GalvinAs I entered the Las Vegas Convention Center to join 26K+ attendees and more than 1K exhibitors at #MJBizCon, I noticed a large sign, “Immersed in Opportunity.” This is certainly true for today’s cannabis industry professionals. This was my first time attending #MJBizCon and it will not be my last. It was very impressive to […]
IFRS Biological Assets in the Cannabis Industry
/in CannaBlog /by Brigid GalvinIn the cannabis industry, the current trend is going public on a Canadian stock exchange through a reverse merger. Going public provides access to vast amounts of funding and high valuations that allow cannabis companies to invest heavily in acquisitions, grow their brand, and gain market share. Part of going public in Canada is applying […]
New England Hemp
/in CannaBlog, Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont /by bridge@westWith Massachusetts legalizing adult-use cannabis, and Vermont and Maine seemingly on their way to do the same, it’s a very exciting time for cannabis proponents in New England. However, what’s even more exciting about the Northeast right now, is the burgeoning hemp industry coming out of rural Vermont and Maine. So, what is Hemp exactly? […]
Mid-Atlantic Dispensaries
/in CannaBlog, Delaware, Maryland, New Jersey, New York, Pennsylvania, Washington D.C. /by bridge@westThe Mid-Atlantic region of the US is a little bit confusing when it comes to cannabis laws. First and foremost, Washington D.C., the only state in this region that’s actually legalized the use of the plant for recreational purposes, can be difficult to navigate. As of now, you can’t buy the plant from a local […]
Western Delivery and Dispensaries
/in Alaska, California, CannaBlog, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington State, Wyoming /by bridge@westThe Western region of the US continues to spearhead the legal cannabis movement. With Colorado and Washington being the first states to ever legalize the plant, burgeoning cannabis markets in eastern regions look to this cluster of marijuana pioneers for the latest trends. However, cannabis laws can be a little bit confusing. Although this region […]
New Frontiers in the Southwest
/in Arizona, CannaBlog, New Mexico, Oklahoma, Texas /by bridge@westThe southwest has had a slow and rocky road to legalization of medical cannabis, but as of 2018 midterms all have it in some form or another. Texas currently does not have a medical marijuana program, but does allow for low-THC CBD oil for those who have been diagnosed with intractable epilepsy. There has been […]
Southern Cannabis Laws
/in Arkansas, CannaBlog, Florida, Louisiana /by bridge@westThe Southern United States largely only allows CBD when it comes to cannabis, with a few exceptions; Florida, Arkansas, and Louisiana all allow medical cannabis. Earlier this year in May, our leadership team attended the first ever Cannabusiness conference in the Southern United States hosted in New Orleans, Louisiana: “There was plenty to celebrate in […]
2018 Midterm Influences on Cannabis in the Midwest
/1 Comment/in CannaBlog, Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin /by bridge@westThe Midwest is a mixed bag when it comes to cannabis laws; but following the 2018 Midterm Elections the trend is definitely towards a more comprehensive and unified region with a positive outlook on cannabis, both medical and recreational. While North Dakota has been struggling to get their medical marijuana industry up and running while […]
Fall is here and legal cannabis is kicking off in New England
/in CannaBlog, Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont /by bridge@westBy Jim Marty, CEO I was asked to speak recently at the NECANN Conference in Providence, Rhode Island and spent the week visiting Bridge West clients around New England. As I drove through beautiful fall foliage, I had an opportunity to catch up on cannabis updates in this part of the country. The good news […]