Lake Forest, Ca. May 15, 2020 – News outlets throughout Southern California recently reported the confiscation of millions of dollars in cannabis oil and the possible arrest of multiple licensed cannabis operators in Santa Barbara County (Los Angeles Times February 14 “Cannabis Farm was model for California’s licensed legal industry”).
Legal Cannabis: The Unsung Hero of Quarantine in America
With social distancing and staying inside a new normal; how have American cities and citizens responded at a socioeconomic level with legal cannabis? Read our analysis from review of industry insiders, recent news articles, and our interactions with our clients. It is clear that cannabis is an essential item for the American people and now […]
COVID-19 & Impact on The Cannabis Industry | Webinar Recap
Featuring Larry Horwitz, President of CREC Compliance, you will get a first hand discussion and Q/A for the issues presented by the current changes to business operations so you can navigate more successfully! This webinar discussed the issues related to the virus and how it affects the cannabis industry for you to be prepared: what […]
City of Fresno Cannabis Regulations – Webinar & Regulatory Map Now Available!
The City of Fresno has just passed an ordinance that will allow for cannabis retail. Fresno is one of the largest cities in California with limited access to legal cannabis products. The population of approximately 527,000 is located in the Central San Joaquin Valley and over the next 25 years, the population is expected to […]
Conditional Use Permit (CUP) for Cannabis Property Licensing
Conditional Use Permits are required for most municipal cannabis licensing programs. By obtaining a CUP for your property, you’re not only increasing its value, you’re shortening the timeline in which a future cannabis operator can qualify for licensing.
QR Code Requirements for California Cannabis Retailers by BCC
“The proposed regulations will help consumers avoid purchasing cannabis goods from unlicensed businesses by providing a simple way to confirm licensure immediately before entering the premises or receiving a delivery,” said Bureau Chief Lori Ajax.
The New Consolidation of 3 California Cannabis Licensing Authorities by Governor Newsom
Cannabis regulations are constantly changing and the government formed regulation enforcement bodies are also evolving alongside them. Learn more about the recent updates in California and our preliminary predictions of how it all may affect your future operations for taxes, ownership, and business management in this article. In the current scenario, the Bureau of Cannabis Control […]
California Overrides Section 280E Expenses Tax Code with Law AB37
Cannabis businesses face expensive issues at every turn before tax season, but now businesses are receiving massive tax bills due to an old IRS tax code that will not allow the business to make certain deductions. Learn more in this article on the status of Section 280E and how California has passed Law AB37 to override […]
Sale-Leasebacks & Real Estate Investment Trusts (REIT) in Cannabis Explained
Pay attention to this new trend! Sale-leasebacks are creating many successful agreements between investor and operator. Due to a severely limited supply of viable cannabis zoned locations, there is now an extraordinary opportunity for commercial real estate investors looking to capitalize on a thriving new industry. This also has created a large opportunity for the […]
At the dawn of a new decade, cannabis policy in the United States is beginning to gain legitimate traction with state and municipal legalization on both medicinal and recreational fronts. In this article, we’ve compiled our top 8 states to watch in 2020! Our highlight of 2019 was that Illinois made headlines with the passage […]
BCC Sends Warning Letter to Landlords of Illegal Cannabis Businesses
Landlords may personally be subject to criminal and civil penalties for allowing illegal cannabis activity to occur on their property. Read this article to learn more about recent happenings that may affect landlords of cannabis business operations both legally and illegally. The penalties are steep and the Bureau is quick to act, so ensure you […]
MORE Act: House Committee Passes Cannabis bill, But Obstacles Remain!
Marijuana decriminalization supporters got a boost in the House on Wednesday when that body’s Judiciary Committee passed a bill that could decriminalize the drug at the federal level. This would clear the way for states to tailor more of their own regulations on the subject. This article is written by our cannabis compliance team as […]
Free Seminar | Cannabis Real Estate in LA and SD – Nov. 14 & 15
Our free seminar is a MUST ATTEND event for any agent or broker who is involved, or wants to be involved, in this lucrative industry. We will be discussing how agents utilize advanced mapping technology, property databases, compliance analysis, and location due diligence to find compliant properties.
This CREC Compliance analysis, presents the findings of weeks of due diligence on the new regulations for Illinois’ Adult-Use Cannabis License Program under HB 1438 to help you get your application approved.
The Battle for Cannabis Dispensary Licenses in California Explained
The most valuable cannabis license in California is Retail. Do you know why? It basically comes down to the economic principles of supply and demand. Out of 481 cities in California only 118 of these allow for recreational cannabis storefronts. This means as of February 2019 there is only 25% of jurisdictions in California currently […]
Learn why people are quickly learning about Hemp CBD products and how there will be a lot more products at gas stations, convenience stores, and other locations you may not expect, like CBD infused cocktails.
Understanding Cannabis Regulations: Los Angeles, Oakland, and Sacramento
This article will help you have a more clear understanding of how you can enter these jurisdictions. Understanding the regulations will lead to less headaches or lost funds in your application process. Learn about Los Angeles, Oakland, and Sacramento!
Will Cannabis Insurance Providers Protect My Business?
It may seem cost effective to skip business insurance, but this choice can have damaging consequences for businesses of any type. Unfortunately, cannabis businesses have even more risk when they don’t have the right coverage, so you MUST do the research.
Cannabis Consulting: Essential for Business Growth and Success
At any stage of business growth, a trusted partner can help you establish a budget, predict a timeline, find a legal property, secure permit & cannabis licenses, stay compliant with regulations, and establish long-term business planning.