Senators Introduce Cannabis Administration and Opportunity Act

Senators Introduce Cannabis Administration and Opportunity Act

Senate Majority Leader Chuck Shumer (D-NY), Sen. Cory Booker (D-NJ) and Sen. Ron Wyden (D-OR) introduced the Cannabis Administration and Opportunity Act (CAOA), a bill that seeks to decriminalize cannabis and end prohibition as we know it. About a year ago, the same...
Cannabis Receiverships: A Viable Alternative to Bankruptcy

Cannabis Receiverships: A Viable Alternative to Bankruptcy

Doing business in California’s legal cannabis industry remains a risky endeavor. The majority of the industry is still unlicensed, tax rates at the state and local levels are high (notwithstanding a recent reprieve from California’s cultivation tax) and there are not...
From Factory to Flower – 4 GMP Insights for the Grow House

From Factory to Flower – 4 GMP Insights for the Grow House

At first glance, the layout of a grow room and a factory production line might seem to have little in common. But whether a facility is producing plants or parts, adopting good manufacturing practices (GMP) can benefit plant quality, harvest consistency and production...
The CLIMB Act: How the Cannabis Industry Could Benefit

The CLIMB Act: How the Cannabis Industry Could Benefit

The cannabis industry could receive a significant boost if the recently introduced Capital Lending and Investment for Marijuana Businesses (CLIMB) Act passes Congress. The bipartisan bill was introduced by Rep. Troy A. Carter, Sr., a Democrat from Louisiana, and Rep....