international cannabis business

How Does My International Cannabis Company Do Banking in the U.S.?

It can be difficult and confusing for an international cannabis company to determine the best way to engage in banking in the U.S. We know that because it is even confusing for domestic marijuana and hemp companies in the U.S. to determine whom to bank with. Banking is not limited to traditional large international banks.

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Does My International Cannabis Business Need to Register in the U.S.?

In the prior post in this series, we discussed U.S. federal and state taxation requirements for international cannabis companies. This post focuses on when a foreign company should or must register as doing business in a U.S. state, either by registering their foreign company directly in that state or by forming an affiliate or subsidiary

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Does My International Cannabis Business Need to Pay U.S. Federal or State Taxes?

We regularly field inquiries from international companies and existing international clients regarding U.S. cannabis business operations. This post and the two that follow will answer questions for foreign cannabis companies regarding when they need to pay U.S. federal and state income taxes, when they need to register a U.S. business entity, and what options are

Foreign Invesmtnet in US Cannabis - A Continuing Love Hate Relationship

Foreign Investment in U.S. Cannabis: A Continuing Love/Hate Relationship

The U.S. cannabis industry attracts all kinds of entrepreneurs and investors. That has been true since Colorado and Washington legalized cannabis for adults 21 and up back in 2012, and since other states began creating comprehensive licensing regimes. The ever-emerging nature of the industry and its state-by-state quilt of regulations creates all kinds of business

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Border Woes: Transporting CBD into Canada is Not OK

In a recent tweet, the Canada Border Services Agency (CBSA) reminded us that transporting CBD oil into Canada remains illegal. While in most places south of the 49th parallel what CBSA has to say is of little consequence, it certainly matters here in Washington State, where you’re never too far away from the Canadian border.

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Foreign Direct Investment (FDI) from China in U.S. Cannabis Businesses

If you think your Chinese investor will be able to get your cannabis venture the promised investment funds any time soon, you are in for a long slog. Most companies do not care who provides their investment capital (as long as the investors are content being passive investors), and Chinese households have typically been lauded

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Cannabis and Immigration: Marijuana Activity a Conditional Bar to Obtaining U.S. Citizenship

On April 19, the U.S. Citizenship and Immigration Services (USCIS) announced that it would formally update its Policy Manual regarding how cannabis-related activity–even when it took place in states that have legalized the medical and recreational use of marijuana–would impact naturalization. The Policy Manual is self-defined by the USCIS as its centralized online repository for

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The California Bureau of Cannabis Control’s Final Regulations Immigration Impact on Foreign “Owners”

On January 16, 2019, each of the three California cannabis agencies dropped a final set of regulations. In many senses, the Bureau of Cannabis Control’s (“BCC”) regulations were the most comprehensive and expansive (we summarized some of the highlights here, and summarized the highlights of the California Department of Public Health’s final regulations here). In

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Canada Cannabis Legalization Today: U.S. Customs and Border Protection Update

On the eve of the Canada’s cannabis legalization, the U.S. Customs and Border Protection (“CBP”) held a teleconference to explain the agency’s enforcement policy and field questions from journalists. The on-the-record teleconference featured the head of the CBP’s Office of Field Operations, which has a staff of 28,000+ employees and an operating budget of $5.2

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Bumps Ahead: The U.S. Border After Canada Cannabis Legalization

Canada’s cannabis legalization creates yet another wrinkle in the relations between the U.S. and its northern neighbor. U.S. Attorney General Jeffrey Sessions harbors a well known hatred towards anything cannabis and he clearly has no love for Canada’s Cannabis Act either. What will this mean though for Canadians who are 100% legally involved in Canada’s