Member Blog: Guidance for Navigating an IRS Cannabis Audit
By Nolan Shutler, Director and State and Local Tax Practice Leader, MGO CPA  Operators and investors have long suspected that the IRS targets cannabis businesses for tax audits. And after last year’s disclosures from the agency (requested and published by MJBizDaily) we now know the reason is relatively simple:... Read more
Member Blog: Understanding D&O Coverage for the Cannabis Industry
by Jon Spratt, Greensite Insurance Services Cannabis industry companies face more and sometimes greater threats than non-cannabis companies because of the emerging nature of the market, a complex regulatory landscape, and investor relations. Because of the challenging landscape, cannabis organizations have some unique risks they may face while running... Read more
Video: Insights From NCIA’s 10th Annual Lobby Days
Video: Insights From NCIA’s 10th Annual Lobby Days | Advocacy / Community / Education “I think it was really successful on all fronts.Whether it be the networking aspect, VIP access to key decision makers, or just the ability to get to know people both fellow cannabis business owners and... Read more
Service Solutions | 9.27.22 | The Devil is in the Details: Claiming Your Employee Retention Credit as a Cannabis Business
NCIA’s Service Solutions series is our sponsored content webinar program which allows business owners the opportunity to learn more about premier products, services and industry solutions directly from our network of established suppliers, providers and thought leaders. In this edition originally aired on Tuesday, September 27, 2022 we were joined... Read more
Member Blog: Top 6 Pathogens Seen in Cannabis Plants
By Angel Fernandez and Felipe Cisternas, MyFloraDNA Pathogens cause diseases when looking for a host body to infect. They come in diverse forms: bacteria, fungi, worms, viruses, and also prions. Pathogens are one of the significant threats to cannabis fields. These silent visitors may cause your plants to produce... Read more
Committee Insights | 9.28.22 | Cannabis Ballot Initiatives in the November 2022 Election
In this edition of our NCIA Committee Insights series originally aired on Wednesday, September 28, 2022 members of NCIA’s State Regulations Committee convened a panel of government affairs, business development and licensing experts for an in-depth discussion focusing on cannabis ballot initiatives up for a vote this coming November. They... Read more
Member Blog: How Brands Can Help Cannabis Decriminalization
By Mack Bush, King Palm There has been a steady movement for the decriminalization of cannabis worldwide. Many organizations call for their governments to allow recreational and medical cannabis, and it’s hard to deny how valuable the cash crop can be for the local economy. Learn how some cannabis... Read more
Member Blog: Report Shows Inflation Will Reduce Dispensary Profits – Here’s What You Should Do
by Lee Johnson, CBD Oracle A new survey from CBD Oracle found that if inflation drives cannabis prices up, most customers will start to buy less cannabis. Unfortunately, inflation isn’t going anywhere anytime soon, currently standing at 8.3%, and things are very competitive for both dispensaries and growers. Plus,... Read more
NCIA Accepting Applications For 2023-2025 Board of Directors Term
NCIA is accepting applications for eligible candidates to apply for its board of directors now through Friday, November 11, 2022. The National Cannabis Industry Association is a nonprofit organization run for and by its membership, so we hope you’ll consider this opportunity to apply for a seat on the NCIA... Read more
Committee Blog: Four Tips for Cannabis Businesses to Maintain Cannabis Friendly Financial Services
by Kameron Richards and Steven SchainMembers of NCIA’s Banking & Financial Services Committee Obtaining legitimate, cannabis-friendly financial services is among the cannabis industry’s biggest hurdles. Obtaining financial services is challenging for dispensaries, marijuana grows, and testing labs but it could also be an obstacle for non-plant touching businesses or... Read more
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