Insights

Uncharted Territory

By: Evan Eneman | February 21, 2017 at 9:49 am

Cannabis businesses in California are starting to experience more and more regulatory hurdles. With cities and counties continuing to develop and publish new regulatory code and marijuana statutes, the compliance landscape in California is emerging. The number of regulatory agencies a cannabis business will need to contend with is overwhelming. Operational marijuana business licenses in…
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4/20: Where We Are Today and Where We Go From Here

By: Evan Eneman | April 20, 2018 at 10:31 am

Today is April 20, 2018. While the banks are open and school is in session, businesses in the cannabis industry are quietly celebrating the unofficial 4/20 holiday, and with good reason! Just four months into 2018 the industry has much to celebrate. The momentum of the legalization battle has clearly shifted and new opportunities are…
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Four Ways to Turn One-Time Customers into Loyal Fans

By: Kris Lenz | April 20, 2018 at 8:31 am

The emergence of the adult-use cannabis market in states like California, Colorado and Washington, has had a truly exciting impact. Not only do more customers have access to the therapeutic benefits of cannabis, but thousands of thriving businesses have sprung up supporting the industry. However, as more businesses emerge, there is consequently a fierce struggle…
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Temporary License Expiring? Submit Your Annual License Application ASAP!

By: ELLO Staff | April 17, 2018 at 8:20 am

cannabis, license, temporary, annual, california, best practices
On April 30th, the first wave of temporary cannabis licenses issued by California’s regulatory agencies will expire. If your cannabis operation has not yet submitted an Annual License application, you must do so before April 30th or be prepared to cease operation. The Temporary Licenses were initially issued so that cannabis operations could begin operating…
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Will AB 3157 Give the California Cannabis Industry a Major Tax Cut?

By: Kris Lenz | April 5, 2018 at 1:14 pm

In mid-March, California State legislators introduced a bill that could provide an energizing jolt to the state’s emerging adult-use cannabis industry. Bill AB 3157, supported by a bi-partisan leadership, seeks to temporarily cut the cannabis Excise Tax – from 15% to 11% – and suspend the Cultivation Tax, until June 1, 2021. Helping California’s legal…
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For-Profit or Not-for-Profit: That is a Complicated Question

By: Kris Lenz | March 22, 2018 at 10:55 am

cannabis, for-profit, non-profit, not-for-profit, mutual benefit corporation, tax structure, california, BOE, CDTFA, best practices, 280E
When planning for the future, cannabis business operators and entrepreneurs like you must make one essential decision that will have sweeping effects on the financial and operational path of your company: non-profit vs. for-profit. This deceptively simple question will affect everything, from how your company is organized, to your tax obligations, exit strategies, and more.…
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Is Your Cannabis Business Prepared for a Cyberattack?

By: Evan Eneman | March 22, 2018 at 10:49 am

cannabis, cybersecurity, protection, best practices, hackers
In the past year, the increased frequency and impact of cyberattacks have made headlines across the world. Everyone from Fortune 500 companies to local businesses seem to be at risk of having their network breached, compromising delicate operational, financial, and personal information. The burgeoning cannabis industry appears to be particularly at risk, as new organizations…
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Can Microbusinesses Save Craft Cannabis in California?

By: Kris Lenz | February 15, 2018 at 9:06 am

Californians know craft. Whether you’re touring micro-breweries in San Diego or local wineries in Sonoma Country, or visiting the countless artisanal bakeries, ice cream shops or distillers in metro areas like Los Angeles and San Francisco, you’ll see (and taste) the unique qualities and extreme care that Californian business owners put into their products. For…
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Five Easy Steps That Can Protect Your Cannabis Business

By: ELLO Staff | February 14, 2018 at 11:25 am

Whether in California, or anywhere else in the US, cannabis businesses must be focused on maintaining compliance with local, state and federal regulations. With AG Sessions’ recent action rescinding the Cole Memo, it is more important than ever to be operating, at all levels, within regulatory guidelines. As a cannabis business owner or operator, proper…
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California Cannabis Tax & Payment Guide

By: ELLO Staff | January 16, 2018 at 2:30 pm

With the opening of the legal adult-use cannabis market in California, cannabis business owners and operators now find themselves navigating a complex system of taxes and payments at every stage of the cannabis sales lifecycle. To ease the transition to a legal market and help cannabis businesses attain compliance as soon as possible, we've developed…
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The Impact of the DOJ Action to Rescind the Cole Memo

By: Evan Eneman | January 5, 2018 at 10:04 pm

On Thursday, January 4, 2018, US Attorney General Jeff Sessions and the Department of Justice (DOJ) announced they would rescind the Cole Memo, Obama-era guidance for the DOJ that minimizes interference from the federal government for state’s that have legalized adult-use cannabis. The move did not come as a surprise and came just five days…
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