Washington Marijuana: State May Allow CBD Additives

Washington Marijuana: State May Allow CBD Additives

The Washington State House of Representatives is considering  House Bill 2334, which would allow licensed marijuana producers and processors to use cannabidiol (CBD) from a source not licensed by the Washington State Liquor and Cannabis Board (LCB). The bill defines a “CBD product” as “any product containing or consisting of cannabidiol” and would permit the use of CBD products from unlicensed sources so long as the CBD product has a THC level of 0.3...

Read More »

Regulatory Audits of Your Cannabis Business: Plan Ahead!

Regulatory Audits of Your Cannabis Business: Plan Ahead!

Can your cannabis business survive state scrutiny? Like all business, cannabis businesses are subject to audit by state taxing authorities and other agencies. These audits tend to proceed differently with cannabis business, though, given the unique regulatory approach states take with marijuana. If a regulatory audit turns up issues, then fines and even loss of your business’s license could follow. This post outlines the top issues in preparing for, and managing, a...

Read More »

Washington Attorney General Prepares to Fight Trump on Cannabis

Washington Attorney General Prepares to Fight Trump on Cannabis

Big ups to Bob. Washington State Attorney General, Bob Ferguson, appears ready to defend his state’s marijuana program against Jeff Sessions and Donald Trump. Last week, Ferguson spoke to the Columbian’s editorial board about upcoming challenges for the Evergreen State. Naturally, the topic of marijuana came up. Ferguson stated that his office was prepared for a legal fight over marijuana legalization in Washington, although he said, “we hope it...

Read More »

Prosecutors and Pot: Annette Hayes — US Attorney for Western District of Washington

Prosecutors and Pot: Annette Hayes — US Attorney for Western District of Washington

Will she or won’t she? Jeff Sessions’ decision to rescind Obama-era guidance on the Department of Justice’s approach to marijuana enforcement was troubling for the cannabis industry. The “Sessions Memo”  withdrew earlier marijuana-specific guidance memoranda and directed US attorneys to decide which marijuana activities to prosecute “with the Department’s finite resources,” based on well-established principles that govern all...

Read More »

Can Small Businesses Survive in Washington’s Marijuana Market?

Can Small Businesses Survive in Washington’s Marijuana Market?

Is Washington doing enough for the little guy? Lester Black has a good article up at FiveThirtyEight about the Washington marijuana market. Washington’s mandatory data transparency presents a fantastic opportunity for the kind of market analysis that is challenging in other industries that don’t have access to that type of data. In this context, the data reflects what a lot of Washington marijuana producers already know: The market out there is incredibly tough. Even though...

Read More »

Buying a Washington Cannabis Business: The 101

Buying a Washington Cannabis Business: The 101

Our Seattle office often receives calls from entrepreneurs who want to operate in Washington’s thriving recreational cannabis market. Washington is not currently accepting applications for new cannabis licenses which means there are a finite number of licenses available. This leaves one option for entrepreneurs who want to operate their own Washington’s cannabis business: buy an existing licensed business. These transactions are common but can be risky if the...

Read More »

Pin It on Pinterest