How Big is the U.S. Hemp Market?

As exciting as the legal marijuana movement is with 30 States now having medical or adult use of cannabis, the hemp market is also gaining momentum.  What is hemp, what are its potential uses, and how big is the U.S. hemp market? Hemp is basically the same plant from which THC-based psychoactive marijuana is derived.  […]

Forbes: Marijuana Industry Faces Challenging Tax Regime

By: Peter J Reilly Originally posted in Forbes Jul 19, 2018, 05:39pm 2,068 views #TaxTime The Tenth Circuit had bad news for most of the state legal pot industry in its recent decision-Alpenglow Botanicals LLC.  Some of the service providers to the industry might not be that disappointed, though.  That is probably a reflection of Reilly’s Third Law […]

Springtime Hopes Die Under The Summer Sun

Springtime Hopes Die Under The Summer Sun 280E, Cannabis Banking Reform Will Not Be Voted On By This Congress By Jim Marty, CPA and Chief Executive Officer of Bridge West LLC Another 100 degree day in Denver and I hop in my car to attend a roundtable of prominent CPAs, attorneys, and politicians hosted by […]

Senator Cory Gardner talks cannabis with President Trump

Colorado Republican Sen. Cory Gardner of Colorado said that he had a conversation with President Trump Wednesday night. A conversation where he, President Trump, reiterated his campaign pledge to let cannabis legalization be a state’s rights issue. Gardner has been fighting to reverse a decision made by Attorney General Jeff Sessions to repeal the Cole […]

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Yesterday, Attorney General Jeff Sessions rescinded a trio of memos from the Obama administration that had adopted a policy of no-interference with marijuana- friendly state laws.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 […]