Compliance

Comply or Go Awry: Highlights From a Commercial Cannabis Enforcement Action and How to Protect Your Business

Comply or Go Awry: Highlights From a Commercial Cannabis Enforcement Action and How to Protect Your Business

Commercial cannabis businesses tend to focus on preserving compliance with regulations in order to satisfy licensing requirements; however, managing risk holistically involves more than looking at the regulations.

Read this real-world case study of a commercial cannabis enforcement action and learn how to protect your business from potential penalties.

Form 8300 – Do You Have Another IRS Issue?

Form 8300 – Do You Have Another IRS Issue?

In the United States of America, commercial cannabis businesses must be aware of the Internal Revenue Service (IRS) requirements for Form 8300 when receiving over $10,000 in cash for a single or related transaction. To reduce your civil and criminal risk exposure, start your risk-based approach to Form 8300 compliance today with a risk assessment, system of control, and looking at the past.