Published: June, 2022
Most businesses are subject to various licensing, permit, and registration requirements. These are put in place for public safety, tax, or other reasons. Because the cannabis industry is heavily regulated, licensing for cannabis businesses is particularly complicated. Compliance requirements not only vary from state to state, but they can also change depending on your business category (cultivation vs. retail, for example) and which city or county you’re planning to operate in.
To operate legally, you must meet all necessary business license, permit, registration, and other requirements
With states in the northeast rolling out license application deadlines, and entrepreneurs throughout the country-leaning in into the opportunities in the legal cannabis industry, accountants, tax professionals, and lawyers are being approached by clients to assist with completing the paperwork required by states and municipalities.
As with general licensing requirements, business license requirements for cannabis vary greatly from state to state and between municipalities. For example, while some states hold an open application period and give out many licenses, other states are more restrictive and can limit the number of licenses issued to single digits. There are also restrictions related to residency and background (those with previous convictions may not be eligible), which can apply to owners, contractors, and employees.
This Online CPE Course is designed to introduce professionals to the collaborative environment that will provide optimal service to the client, and head off the potential for miscommunications when the regulatory commissions require additional clarifications, or when the entity commences the business life cycle.
If you want to attend full-day CPE/CE approved courses for Accounting, Tax, Finance, and HR Professionals CLICK HERE.
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Owner, Law Office of Paula Collins, PLLC
I take a personal interest in my clients and specialize in helping them find solutions to all of their business and individual needs. This means that my clients trust me on a wide range of legal and financial issues that affect their daily lives.
After an early career as a professional pianist, I began to do Tax Preparation for myself and my fellow musicians. This experience is one component of my ongoing practice of providing legal representation to individuals in contracts. I also saw the necessity of protecting assets through Wills, Trusts, and Estate Planning.
In addition to my tax and legal expertise, I have ten years of experience as a Special Education Teacher with NYC Teaching Fellows. Because of this, I have seen firsthand the importance of providing legal representation for those with special needs. The problems faced by these individuals are not abstract concepts to me.
I am a graduate of Brooklyn Law School with a Certificate in Intellectual Property, Media, and Information Law. While in law school, I won the Center for Urban Business Entrepreneurship (CUBE) competition for an app design to help Indie Filmmakers in developing contracts. Additionally, I won Regional Law School Mediation competition. This award alone is indicative of my ability to find solutions.