by Troy Griffith, CPA | Published On Feb 15, 2021 | Blog, Cannabis
A company’s biological assets are those that are living, such as livestock, crops, and plants. They are critically important to a cannabis business because the plants are the main source of all revenues and profits. As the cannabis industry continues to grow, the...
by Troy Griffith, CPA | Published On Nov 5, 2020 | Blog, Cannabis
On November 3, 2020, Arizona voters passed Proposition 207, approving the legalization of adult-use of marijuana. The proposition allows all current medical marijuana dispensary licensees to also hold a recreational (adult-use) license. In addition, the proposition...
by Troy Griffith, CPA | Published On Oct 6, 2020 | Blog, Cannabis
Proposition 207 (Prop 207), also referred to as the Smart and Safe Arizona Act, is a voter initiative that will appear on the November 3, 2020 general election ballot. The proposition declares that “the responsible adult use of marijuana should be legal for persons...
by Dawn Anderson | Published On May 11, 2020 | Blog, Cannabis, CCOVID-19
Many cannabis operations deemed essential businesses have remained opened throughout the United States during the COVID-19 pandemic and are thriving. Others have been negatively impacted by the crisis. Although legal on a state level, medical and recreational cannabis...
