Did you know the IRS is four times more likely to audit a cannabis business than the mainstream? According to Marijuana Business Daily, the IRS uncovered an average tax deficiency of $282,596 over three audited returns for a cannabis business versus $120,301 per 103 audited returns in the mainstream.
At a whopping 81% more...
Over the weekend a potentially significant report surfaced regarding cannabis legalization in Germany. To quickly recap how we got to where we are now, Germany’s Health Minister Karl Lauterbach presented an adult-use legalization plan to the federal cabinet back in October.
Since that time, Lauterbach has lobbied the European...
Cannabis stocks have been volatile throughout 2022 and continue into 2023. Two of the industry’s established operators are responding with dramatic restructuring. Akerna Corp. is exiting the cannabis space entirely while Curaleaf Holdings Inc. is closing operations in three states.
Akerna, a Denver-based cannabis technology...
“I just want to say one word to you, just one word … Plastics!” This is the phrase Mr. McGuire told a young Dustin Hoffman in the 1967 film The Graduate. His sagely advice applied not only to Hoffman, but to an audience that would soon become the plastics companies’ path to billions of dollars of profits — at great expense to...
What time of day elicits the most interaction from Facebook users? How can I incorporate brand messaging into the latest TikTok dance trend? Is it poor taste to tag my post with something trending even if my content is completely unrelated?
Questions like these plague many small business owners. Even companies with a social media...
Cannabis sales are hot. In fact, according to BDSA, worldwide sales of marijuana are expected to reach just over $35 billion in 2022. That represents a 22% increase over the 2021 tally of $29 billion. By 2026, BDSA predicts that number will skyrocket to $61 billion.
With that much green at stake, the world of cannabis plays an...
Borderline personality disorder is a serious mental health condition that significantly impacts the way sufferers think and feel about themselves and the world around them. Examples of the negative impact that the condition can have include self-esteem issues, difficulty managing feelings and actions, and a pattern of being involved in...
One thing that I often point out to people is that the cannabis plant is one of the most dynamic plants on earth, and that in many ways humans are just beginning to scrape the surface of understanding and harnessing its full potential. Now it seems terpene-enriched CBD could help autistic patients more than CBD alone.
The cannabis...
You walk into a CBD store ready to buy some high-strength CBD. Rows of amber bottles line the shelves, stating different potencies and terms like 'broad-spectrum', CBG and MCT oil. All you want is some effective CBD to make life that little bit smoother.
Shopping for CBD oil doesn't have to be a confusing experience if you know what...
To claim that the cannabis industry is evolving is a tremendous understatement and such claims do not provide proper context to what we are actually living through right now.
The evolution that the cannabis industry is currently experiencing is something that has never occurred before in human history and is likely something that we...
Many people view hemp as an all-purpose material with countless uses. So why aren’t cannabis retailers carrying more hemp gear? Maybe there isn’t enough awareness of the everyday items that hemp can create.
If you’re an eco-conscious person seeking sustainable stuff, or a retailer looking for ways to diversify your displays,...
Walking into a dispensary for the first time, or even the tenth, can be a little overwhelming. With such a wealth of options of brands, strains, and packaging types, decision paralysis can easily set in.
While decisions on whether to purchase flower, concentrates, edibles, or a refreshing cannabis beverage comes down to personal...
Inflammatory bowel disease is an umbrella health term for two conditions – Crohn’s disease and ulcerative colitis. Both conditions are characterized by chronic inflammation of the gastrointestinal tract.
It is still unknown exactly what causes inflammatory bowel disease, although it is tied in some way to a weakened immune...
A few months ago, I enjoyed a fabulous cocktail at a pop-up in Vegas. It was a Spicy Rose Paloma, and it was sensational — and beautiful. Edible glitter made this dream drink just stunning, and fun.
Edible glitter is made from sugar and cornstarch —harmless and firey. Do try this at home. A little smoke, a little spice, and a...
By many measures the border shared by the United States and Mexico has served as ground-zero for the war on cannabis. It’s no secret that for many years cannabis, among other things, was smuggled from Mexico into the United States via various entry points along the nations’ shared border.
Starting in 1996 the demand for cannabis...
Perhaps one doesn't think of cannabis when conjuring images of Oklahoma, but over the past several years the Sooner State has emerged as a hotspot for cannabis production and distribution. Based on per capita consumption, Oklahoma is now the largest medical marijuana market in the country.
In 2018, Oklahoma voters authorized...
According to the American Cancer Society, skin cancer is the most common form of cancer. In fact, more than 1.5 million people were diagnosed with some form of skin cancer in the year 2020 alone. New research found CBD can help treat symptoms from certain skin cancers.
It’s a serious health condition that is expected to only...
Professional wrestlers risk their lives every time they enter the ring. They endure rigorous training to ensure no one is injured during a match, but the dangers remain. Paralysis, brain damage, concussions, and spine injuries are all shockingly common among this group of extreme athletes.
Even in the absence of critical...
Jólabókaflóð, or “Christmas/Yule Book Flood,” may be over, but it is never too late to pick up or share a good book. Whether the goal is to reduce addictive screen time, get informed, or both, reading is fundamental.
From learning about cannabis economics and regulations to how to make edibles at home, below are a few of the...
The rise of cannabis capitalism has resulted in one-million-and-one innovative ways to consume the plant: chillums, bongs (with and without percolators), bubblers, vapes for flower and oils, concentrate rigs, edibles, beverages, gravity bongs, and of course, the trusty apple or Coke can that Gen Xers and early millennials remember with...