CREC News & Updates

Regulation Updates

Read through each of our updates to see the latest changes to cannabis regulations in the USA.

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City of Fresno Cannabis Regulations Released – 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 […]

8 States on our 2020 ‘Canna-Watch’ List

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.

Illinois Adult-Use Cannabis License Application Details & FAQs

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.

CREC Acquires the Compliance Division of ManifestSeven, Inc. / MJIC

We’ve worked with M7 compliance for a number of years and are excited to now provide a suite of brokerage, technology, compliance services, and products to the legal cannabis industry.

Leaseback or 1031 Exchanges to Fund Cannabis Business Operations

Learn the details of how you can use a 1031 exchange or sale-leaseback to purchase a property or create new capital for your business to grow.

Cannabis Supply Chain and Production Management Issues (Diagram)

See our new diagram of the cannabis supply chain and learn more about the status of its evolution in California. Learn how you can use our market insights to your business’s advantage!

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 […]

Hemp’s Past, Present, and Future in America

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.

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