How to Lower the Risk of an IRS Audit for Your Cannabis Business
The Internal Revenue Service is looking into cannabis companies in Colorado, sparking uncertainty and unease among cannabis businesses. The newest audits are focusing on Form 8300, which is the form used to report cash transactions of $10,000 or more. The IRS is investigating large cash transactions which have been processed by these businesses for evidence of money laundering and...
BlueKudu’s Winning Formula for Edibles
CEO Andrew Schrot of BlueKudu relies on his background in mathematics to craft the perfect edible recipes.
With a mathematics degree, BlueKudu founder and Chief Executive Officer Andrew Schrot did not set out to become a cannabis entrepreneur. Yet, that’s exactly what he did.
Growing up in Florida where his dad worked as a Veterans Administration doctor, Schrot witnessed firsthand the...
Tip Jar: Dispensing Medicine With Michael Parfet of The Clinic
Michael Parfet, 31, has been budtending at The Clinic for a year. Before that, he was a banker at a large corporate bank. Then he realized banking was not his calling and he needed to get back to his passion: cannabis. He found the right place to start. Launched in 2010, The Clinic is not only Colorado’s most awarded...
California Cities Issue Temporary Bans on Recreational Marijuana
Cities in California have been rushing to issue temporary bans on recreational marijuana ahead of Tuesday's election.
On November 8, California residents will be considering a host of ballot initiatives, including of course Proposition 64. If Prop 64 passes, it would legalize recreational marijuana use for adults. Residents could cultivate, ingest, travel with and also grow up to 6 marijuana...
O.penVAPE Customizable Pen Product Preview
Consumers have the opportunity to customize their shoes, lap-tops, cell phones, and just about anything else. So why exactly are we forced to use boring and generic vape pens? We're not, anymore. O.penVape now allows us to choose the pattern, color, and text on our pens. Simply submit your request and voilà, two weeks later you'll be the envy...
Dispensary Done Right: Emerald Pharms Is Solaring the Way
As the first fully solar-powered medical marijuana dispensary, Northern California's Emerald Pharms reinforces the ecological responsibility of the cannabis industry.
John Schaeffer's 12-acre Solar Living Center in Hopland, California, is a bucolic Shangri-La to all things solar: educational exhibits, the Real Goods eco-store and the first solar-powered medical marijuana dispensary, Emerald Pharms. With the intention of marrying the medical marijuana...
A Day in the Life at Oregon’s Yerba Buena Farms (Photos)
"At Yerba Buena Farms, we believe that plants feel the energy of the people around them. Yerba Buena strives to provide a positive, nurturing environment for its people as well as its plants. The two go hand in hand, and the responsibility to set standards for this emerging industry (and beyond) is taken very seriously. We hire talented people...
FEATURE: Virgil Grant Is the King of Los Angeles
In successfully bringing the city and the industry together to finally fix the cannabis industry in Los Angeles, Virgil Grant has been able to do what no one before him could accomplish.
At 49, Compton-born Virgil Grant looks like he still could run the 400-meter dash and the 300-meter hurdle, and win, just like he did as a star athlete...