Perspectives

insights into california's cannabis industry

San Francisco Is On Deck for Permanent Cannabis Business Permits

The San Francisco Office of Cannabis is getting ready to release Part 1 of its Permanent Cannabis Business Permit Application. While this is an exciting time for cannabis business operators in San Francisco, there are limits to who can apply for a Permanent Cannabis Business Permit. The following individuals/businesses are eligible to apply for Permanent Cannabis Business Permits in 2018:

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Promising Advancements in Federal Cannabis Policy

While cannabis remains a Schedule I controlled substance under federal law, 4 recent events at the national level point to growing support to allow states to determine their own legal cannabis regimes without federal interference. 1) Congress Extends the Rohrbacher-Blumenauer Amendment in the Federal Omnibus Spending Bill In late March, Congress passed and President Trump signed a $1.3 trillion omnibus

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4 recent events at the national level point to growing support to allow states to determine their own legal cannabis regimes.
Uncategorized
Joe Rogoway

Trump Agrees to Support Federalism and Cannabis Industry!

On Friday, April 13, news broke that President Trump will not challenge states that have legalized cannabis according to Colorado (GOP) Sen. Cory Gardner. This development came about during a private conversation between the President and Sen. Gardner where the President promised that the Department of Justice would not crack down on state-legal cannabis industry operators. This news came as

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Cannabis Valuations: Canada & California
Corporate & Transactional
Ken Stratton

Cannabis Valuations: Canada & California

A practical guide to establishing valuation Over the last 12 months one of the most frequent questions we get at Bowman/Hanson is; why are the Canadian companies valued so high? The follow up question is “since there are very few industry “comps”, isn’t it reasonable to apply Canadian valuations to my US cannabis business?” This document is designed to shed

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New “Type S” License Information Released by the California Department of Public Health’s Manufactured Cannabis Safety Branch

On March 23, 2018, the California Department of Public Health’s Manufactured Cannabis Safety Branch released proposed emergency regulations that would allow cannabis manufacturers to utilize “shared-use facilities”. The emergency regulations for “shared-use facilities” were expected to be filed with the Office of Administrative Law on April 3, 2018 and are expected to take effect on April 13, 2018. If approved, “shared-use

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Lake County Adopts a Cannabis Cultivation Ordinance

On March 20, 2018 the Lake County Board of Supervisors adopted a commercial cannabis cultivation ordinance. The ordinance goes into effect on April 19, 2018. Please find a copy of the ordinance here. The County is currently accepting applications in a pre-application phase, and will administer permits for both adult use and medical use cultivation permits, for both indoor and outdoor cultivators.

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Petaluma’s Commercial Cannabis Ordinance

Background of Petaluma’s Commercial Cannabis Ordinance On December 18, 2017, Petaluma’s City Council adopted a cannabis ordinance that addresses commercial cannabis permit eligibility, commercial cannabis permit applications, renewals, transfers, denials and revocations, and commercial cannabis business operating requirements, among other items. On February 26, 2018, Petaluma’s Economic Development Manager recommended that the City Council adopt an Ordinance that amends the

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Santa Rosa’s Comprehensive Cannabis Ordinance

The City of Santa Rosa’s Comprehensive Cannabis Ordinance passed unanimously on December 19, 2017 and goes into effect this Friday, January 19, 2018. Ordinance Highlights The City will now permit both adult use and medical use cannabis businesses and will consider applications that include on-site cannabis consumption and special events. Santa Rosa will accept permit applications for the following commercial cannabis

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Tax Cuts & Jobs Act – First Thoughts

Earlier today, the Conference Com. approved five hundred and three (503) pages of amendments to the Internal Revenue Code. This should soon become law, with many provisions effective in sixteen days. Most important to our business: 280E Congress made zero (0) changes to Section 280E. Cannabis companies are still forbidden to make common business deductions, forcing them to pay tax on a

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Important Environmental Requirements for California Cultivators

CalCannabis anticipates that it will start issuing state cannabis cultivation licenses — both temporary and annual — on January 1, 2018. Applications are not yet available, but will be soon. Before applying for a state cultivation license, there are two things you must do to ensure compliance with environmental regulations pertaining to water use and discharge: all cultivators — regardless

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