{"id":8840,"date":"2022-06-19T00:44:17","date_gmt":"2022-06-19T00:44:17","guid":{"rendered":"https:\/\/mmjinvestment.com\/index.php\/2022\/06\/19\/cannabis-industry-news-july-2020-cannabis-taxes-licensing-legal-updates\/"},"modified":"2022-06-19T00:44:17","modified_gmt":"2022-06-19T00:44:17","slug":"cannabis-industry-news-july-2020-cannabis-taxes-licensing-legal-updates","status":"publish","type":"post","link":"https:\/\/mmj-investment.com\/index.php\/2022\/06\/19\/cannabis-industry-news-july-2020-cannabis-taxes-licensing-legal-updates\/","title":{"rendered":"Cannabis Industry News July 2020: Cannabis Taxes, Licensing &amp; Legal Updates"},"content":{"rendered":"<p><a href=\"https:\/\/www.youtube.com\/watch?v=LZGY1PDNQTo\">Cannabis Industry News July 2020: Cannabis Taxes, Licensing &amp; Legal Updates<\/a><br \/>\n\t\t\t\t\t\t\t\t<iframe  loading=\"lazy\" width=\"480\" height=\"320\"  src=\"about:blank\" data-lazy-src=\"https:\/\/www.youtube.com\/embed\/LZGY1PDNQTo?rel=0\"  frameborder=\"0\" allowfullscreen><\/iframe>\t\t\t\t\t<\/p>\n<p><img  decoding=\"async\" style=\"float:left;margin:0 5px 5px 0;\"  src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-lazy-src=\"https:\/\/mmj-investment.com\/wp-content\/uploads\/2022\/06\/D85o2C.jpg\"  \/><noscript><img  decoding=\"async\" style=\"float:left;margin:0 5px 5px 0;\"  src=\"https:\/\/mmj-investment.com\/wp-content\/uploads\/2022\/06\/D85o2C.jpg\"  \/><\/noscript>In this cannabis industry update, we talk about news and trends that are affecting cannabis businesses throughout the world.<br \/>\nWe cover:<br \/>\n + Cannabis business licenses<br \/>\n + Cannabis industry news<br \/>\n + Questions from the audience<\/p>\n<p>A list of the topics and question are below:<br \/>\nCannabis Tax Updates (1:08)<br \/>\nCannabis Legal Updates (3:55)<br \/>\nCannabis Licensing &#038; Regulation Updates (7:22)<br \/>\nUS Cannabis Legalization Updates (11:57)<br \/>\nCannabis Finance + cannabis M&#038;A Updates (13:57)<br \/>\nWhen does it make sense to start thinking about tax mitigation and asset protection? (17:35)<br \/>\nShould we open up a complimentary business in our building to capture more revenue? (19:51)<br \/>\nMarketing: Weedmaps vs. Google, what should we spend money on? (21:23)<br \/>\nI am a smaller brand and I am having trouble getting into dispensaries.  I can&#8217;t afford slotting fees and that means I can\u2019t sell my products, what should I do? (23:20)<br \/>\nWhat do you think about cryptocurrency payments for cannabis? (27:17)<br \/>\nWhat are the challenges of opening a testing lab in California? Or other states? (32:12)<br \/>\nWhat are &#8216;burner&#8217; cannabis distributor licenses? (36:09)<br \/>\nShould you move money from a cannabis-touching business to another non-plant touching business for banking purposes? (38:16)<br \/>\nWhat are some considerations when structuring my multi-license cannabis business? (39:54)<br \/>\nHow can I reduce my cannabis business taxes? (43:44)<br \/>\nHow do you value a cannabis business license with no operations yet? (46:17)<br \/>\nDo you recommend taking guidance from 471(c) to track cannabis CoGS? (49:33)<\/p>\n<p>If you need help with your cannabis business, then please reach out to us at: https:\/\/greengrowthcpas.com\/get-started\/ or call 800-674-9050.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cannabis Industry News July 2020: Cannabis Taxes, Licensing &amp; Legal Updates In this cannabis industry update, we talk about news and trends that are affecting cannabis businesses throughout the world. We cover: + Cannabis business licenses + Cannabis industry news + Questions from the audience A list of the topics and question are below: Cannabis&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[163],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cannabis Industry News July 2020: Cannabis Taxes, Licensing &amp; Legal Updates - MMJ Investment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mmj-investment.com\/index.php\/2022\/06\/19\/cannabis-industry-news-july-2020-cannabis-taxes-licensing-legal-updates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cannabis Industry News July 2020: Cannabis Taxes, Licensing &amp; Legal Updates - MMJ Investment\" \/>\n<meta property=\"og:description\" content=\"Cannabis Industry News July 2020: Cannabis Taxes, Licensing &amp; Legal Updates In this cannabis industry update, we talk about news and trends that are affecting cannabis businesses throughout the world. 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