State Cannabis Schedule III Conversion: Playbooks for All 4 State Types

State Cannabis Schedule III Conversion

Part of The Schedule III Cannabis Hub If you are reading this, you are either (a) advising a state on what to do post-DOJ Final Order, (b) deciding whether to invest in operators in a state, or (c) running a multi-state cannabis operator deciding which state license is suddenly worth the most. All three need […]

Adult Self-Certification Cannabis: 7 Critical Fields for State Medical Recognition

Adult Self-Certification Cannabis

Part of The Schedule III Cannabis Hub Here is the legal sleight of hand that nobody is doing on purpose but everybody is doing accidentally. Adults across every adult-use state are using cannabis for pain, sleep, anxiety, recovery, opioid reduction, and stress management. They are doing it in front of a budtender at a recreational […]

The OTC Therapeutic Cannabis Endorsement: 10 Critical Pillars Every State Needs

OTC Therapeutic Cannabis Endorsement

Part of The Schedule III Cannabis Hub Here is the legislative truth nobody at the National Conference of State Legislatures wants to say out loud: the medical / adult-use distinction in state cannabis law is, at this point, mostly theater. The same product, made by the same operators, in the same facilities, sold by the […]

Cannabis Banking Schedule III: 8 Critical Files Your Bank Actually Wants

Cannabis Banking Schedule III

Part of The Schedule III Cannabis Hub Cannabis banking has had two facts driving it since 2014. Fact one: federal law treats marijuana proceeds as proceeds of a Schedule I controlled substance, which makes anyone touching them potentially exposed under the BSA, money-laundering statutes, and the entire AML edifice. Fact two: FinCEN issued FIN-2014-G001 that […]

280E Retrospective Relief: 7 Critical Steps for State Medical Cannabis Licensees

280E Retrospective Relief:

Part of The Schedule III Cannabis Hub If you are a cannabis CFO or CPA, the most expensive sentence in the IRS code reads: “No deduction or credit shall be allowed for any amount paid or incurred… in carrying on any trade or business if such trade or business consists of trafficking in controlled substances… […]

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