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MPR News published an engaging article on recent enforcement from the Minnesota Pharmacy Board on the sale of hemp edibles with a cautionary reminder for attorneys to delete your Microsoft Word comments. Expect more enforcement as the Office of Cannabis Management is set up and hires.
Continue Reading Minnesota Enforcement – Delete your Word CommentsMinnesota Legislature Approves Adult-Use Cannabis Regime; Governor says he will sign
On Friday, May 19, 2023, Minnesota’s Senate approved the negotiated and final version of Minnesota’s…
Continue Reading Minnesota Legislature Approves Adult-Use Cannabis Regime; Governor says he will signMinnesota Recreational Cannabis Bill Passes Conference Committee; Final Approval Likely Imminent
Late Tuesday night, on May 16, 2023, a House-Senate conference committee issued its approval and…
Continue Reading Minnesota Recreational Cannabis Bill Passes Conference Committee; Final Approval Likely ImminentYesterday, April 28, the Minnesota Senate passed H.F. 100, the Minnesota House bill establishing…
Continue Reading Minnesota Senate Passes Adult-Use Recreational Cannabis BillThe Latest
FinCEN Confirms Marijuana Banking Guidance Remains in Place Despite DOJ Policy Reversal
Reuters is reporting today that the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) was caught off guard by Attorney General Jeff Sessions’ announcement last week that the Justice Department was…
Continue Reading FinCEN Confirms Marijuana Banking Guidance Remains in Place Despite DOJ Policy ReversalThe Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has released updated statistics showing a steady increase in the number of depository institutions that actively bank U.S. marijuana businesses. As of…
Continue Reading Federal Data Shows More Banks Are Serving Marijuana BusinessesVenture capital is playing a growing role in the country’s emerging legal cannabis industry. Attorneys Emily J. Yukich and Matthew R. Kittay of Fox Rothschild’s Emerging Companies & Venture Capital…
Continue Reading ABA Panel Tackles Venture Investing in Cannabis CompaniesThe Financial Crimes Enforcement Network of the U.S. Department of the Treasury (FinCEN) recently issued a Marijuana Banking Update, with data through March 31, 2017. The number of banking institutions…
Continue Reading Marijuana Banking Update Issued by FinCENDon’t Ignore These Crucial Tax Issues When Setting Up Your Marijuana Business
Tax and accounting issues you should not ignore when setting up your marijuana business:
The Trouble with Cash Based Businesses
Internal Controls – any cash based business is closely scrutinized…
Continue Reading Don’t Ignore These Crucial Tax Issues When Setting Up Your Marijuana BusinessBlog Authors
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