Cannabis, in both its medical and recreational forms, is legal in many U.S. states. But the substance remains illegal at the federal level. This unique legal status causes issues with some entities. Mastercard is the latest major company to attempt to distance itself...
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Year: 2023
Disparate cannabis safety regulations can lead to risks for consumers, businesses
Cannabis may be legal to use in 47 out of 50 U.S. states, but the inconsistencies in each state’s safety regulations could harm both customers and businesses, a new report warns. According to the report, each state has differing standards for factors such as the...
Starting your own cannabis business in California
The legalization of cannabis for adult recreational use brought varying business opportunities for budding entrepreneurs. In California, any adult* over twenty-one can produce and sell cannabis. While you also consider the demands of starting any business, such as...
2 considerations before buying a California winery or vineyard
Many winery owners started out as wine enthusiasts before turning their love of the beverage into a successful business endeavor. Appreciation of wine attracts many to the industry, but the chance of high earnings is often what keeps them there. Like others, you may...
2 critical considerations before buying an established company
For some time, California entrepreneurs were hesitant to purchase and develop an existing company. Many feared their efforts would be seen as less inspired than those who create businesses from scratch. Now, more business-minded individuals are open to buying a...
Are cannabis businesses legal everywhere?
Marijuana sales are legal in California. It can be sold for both recreational and commercial use. This has led to the rise of a state-wide cannabis industry, unlike anything that you find in many other states. Although more and more states are following this trend and...
Are zoning modifications and rezoning the same thing?
When it comes to land-use regulations in California, two concepts are often misunderstood: zoning modifications and rezoning. While both can result in a change to a property's zoning designation, they are very different processes. Knowing the difference between the...
Do you need a license to grow cannabis?
Cannabis promises to be a lucrative business as more states continue decriminalizing and legalizing it. Many people are considering how they can become a part of this lucrative industry. Growing cannabis may seem the simplest way to get started in the business....
Commercial property maintenance: who is responsible for what?
Your recently acquired commercial property is ready for occupation, and you cannot hide your joy. But while you are thrilled about acquiring tenants, you have a couple of concerns. After all, you are new to this game, and you are not quite sure what each party’s...
5 qualities of a good business partner
When forming a business, one of the many options you have is to create a business partner. A business partner can greatly relieve some of the stress of running a business. If you’re looking to start a business partnership, you want the best person for the job. Here...