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Legislative Analyst’s Office calls for taxing marijuana based on potency and dropping cultivation taxes. California’s struggling cannabis industry didn’t get the recommendation many hoped for — a call to sharply lower the industry’s tax rate — but a long-awaited state report did suggest a marijuana tax overhaul. The report from California’s nonpartisan Legislative Analyst Office, released Tuesday, Dec. 17, says lawmakers should ditch the way the state currently taxes marijuana and, instead, tax cannabis at different rates based on its potency. Such

Square has launched a program to process credit card payments for CBD businesses. With the movement to provide banking to cannabis on the state and federal level, the company is positioning itself to service the cannabis industry. Yet, Square is moving quietly with discretion. “Square is currently conducting an invite-only beta for some CBD products,” a spokesperson for the company said in an email. (Source: Forbes.com) Square, and others like PayPal and Stripe have held a policy to turn away cannabis related businesses. They

A summary of guidance and information for registering cannabis-related trademarks in California. Get the 2019 California Cannabis trademark guidelines brochure, costs, and links to official government services. In April 2019, The Secretary of State’s Office released new brochure with guidance and information for registering cannabis-related trademarks in California. You can download the full brochure from the California Cannabis Portal’s Business Resources page or click here to instantly download the Brochure PDF. Here are the highlights. CA Cannabis Trademark Definitions “Trademark” means

Spark conversations and make a positive impact on your business. Good cannabis PR strategies get the word out while producing a cost-effective ROI on marketing investment. Here's how. Public Relations is an essential component to any successful marketing plan. Public Relations, PR for short, is an effective method of promoting a message through earned media. Publicists secure media coverage through effective storytelling and positive media relationships. Currently in the cannabis industry, PR is dominating as the leading method for promotion due

Cannabis is officially legalized in 33 states for medicinal purposes, and in 10 states for recreational use. Both medical and recreational consumers alike are celebrating by lighting one, or a few, up in the sky while employers seem to be anxiously waiting how this revolution will affect their businesses. Many employers seem to have embraced the times while other remain strictly opposed. With the unemployment rate at a historic low of 3.9%, and the job-market seeking able-working employees to fill

Meet five of the many cannabis entrepreneurs taking the industry by storm. These weedprenuers are leveraging their business success to spread awareness and erase the stigma around legal cannabis.   When an industry grows and becomes more successful, opportunities for entrepreneurs rise. The cannabis industry is no different. The legalization of recreational and medicinal cannabis has expanded dramatically over the last couple of years, and entrepreneurs are wasting no time taking advantage of these new opportunities. Here are just a few

Ready to join the green rush? We’re here to help with a basic understanding of marijuana and cannabis business entities in California. So, you’ve made the decision to join the cannabis industry and now you’re ready to take the first steps towards starting your business. Congratulations, cannabis entrepreneur! With so much change happening within the industry- legalization, new regulations, tax reform, and an excess of new license and permit requirements - it’s no surprise there’s a laundry list of questions that