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Child-Resistant Packaging (CRP)

Packaging designed to reduce the risk of children accessing the contents of the package. Many jurisdictions require cannabis businesses to use CRP.

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Champ v. Commissioner

2007 Tax Court case where the court held that expenses related to a “separate trade or business” shown to be unrelated to cannabis business, were deductible.

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CBN

Cannabinol, a cannabinoid.

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CBG

Cannabigerol, a cannabinoid.

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CBD

Cannabidiol, one of the most commercially popular cannabinoids.

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CBC

Cannabichromene, a cannabinoid.

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Cannabis

Genus of plants within the Cannabaceae family, which includes both marijuana and hemp.

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Canopy

Area within a licensed cannabis cultivation premises, whether indoor, outdoor, or mixed-light, where cannabis plants grow. May include mature plants depending on state.

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Cannabinoids

Chemical compounds within the cannabis genus that include CBD and THC. There are nearly 120 known cannabinoids.

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