Geoffrey Lawrence is research director at Reason Foundation.
Lawrence has been a financial executive in both the public and private sectors and has served as chief financial officer of publicly traded, growth stage, and startup manufacturing and distribution companies. He was CFO of Players Network, the first fully reporting, publicly traded marijuana licensee to be listed on a U.S. exchange, CFO of C Quadrant, a startup manufacturer and distributor that was subsequently sold to Lowell Farms (LOWL), CFO of Apex Extractions, a manufacturer and distributor based in Oakland that he helped take public, and, most recently, CFO of Claybourne Co., a top-3 flower brand in California by market share. Through these roles, Lawrence raised capital, planned capital expenditure, prepared financial forecasts, implemented systems for accounting and inventory control, designed internal control processes, managed monthly and quarterly closings and reporting, managed compliance with state and local regulations, negotiated contracts, and prepared filings with the U.S. Securities and Exchange Commission.
Lawrence also served as a senior appointee to the Nevada Controller’s Office, where he oversaw the state’s external financial reporting. Prior to joining Reason Foundation in 2018, Lawrence had also spent a decade as a policy analyst on labor, fiscal, and energy issues between North Carolina’s John Locke Foundation and the Nevada Policy Research Institute.
Lawrence is additionally the founder and president of an accounting and advisory firm with particular expertise in the licensed cannabis industry and public markets.
Lawrence holds an M.S. and B.S. in accounting from Western Governors University, an M.A. in international economics from American University, and a B.A. in international relations from the University of North Carolina at Pembroke. He lives in Las Vegas with his wife and two children and enjoys baseball and mixed martial arts.
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Nikki Fried is right to sue for medical marijuana patients’ gun rights
Regulations against gun ownership for medical marijuana patients violate those patients’ Second Amendment rights.
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Comments on Oregon’s proposed psilocybin services rules
Overall, the process appears to have generated a prudent set of rules that would create a program that balances client safety with strong licensee oversight under a flexible set of program rules.
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Biden’s marijuana pardons are a good step, but descheduling marijuana would be a massive step
“Too many lives have been upended because of our failed approach to marijuana. It’s time that we right these wrongs," President Biden said.
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States prepare for interstate commerce in cannabis
Congress should act swiftly to implement an orderly interstate marijuana market through a vehicle such as the States Reform Act.
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State-legal cannabis businesses pay astronomically high federal taxes
The proposed States Reform Act would drastically reduce the federal tax burden facing legal cannabis companies and lay the groundwork for a stable legal marketplace.
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Nevada Question 1 (2022): The equality of rights amendment
Question 1 would enshrine a modified version of the federal Equal Rights Amendment into the Nevada Constitution.
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Maryland Question 4 (2022): Marijuana legalization amendment
Would legalize marijuana in Maryland for individuals over 21 years of age.
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First Circuit makes clear cannabis is subject to interstate commerce clause
State restrictions on the free movement of persons and capital, even in the cannabis industry, are unconstitutional.
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South Dakota Measure 27: Adult-use marijuana legalization
South Dakota's Measure 27 would legalize the possession, distribution, and use of marijuana for persons 21 years of age and older.
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How to reform the FDA
Reimagining pharmaceutical regulation, so it better serves society’s needs by encouraging widespread availability of life-saving drugs at lower prices.
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Interstate trade in cannabis should begin immediately
All states with regulated cannabis markets prohibit the transfer of any cannabis inventory across state lines.
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California repeals cannabis cultivation tax
California has just made tremendous progress in trying to turn around its regulated cannabis market, and more could soon be on the way.
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North Carolina House won’t take up bipartisan medical marijuana bill passed by State Senate
North and South Carolina are among the last remaining bastions of medical marijuana prohibition in America.
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Consumers say price and availability are barriers to choosing legal cannabis products over illicit products
Consumers say they are far more likely to opt for legal cannabis if the prices are comparable to those of illegal alternatives.
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Eliminating the cultivation tax would help California’s legal cannabis industry compete with the illicit market
Eliminating the cultivation tax would allow farmers and licensed cannabis retailers to lower prices, making the legal marijuana market more competitive with illicit markets.
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The impact of California’s cannabis taxes on participation within the legal market
This analysis develops an empirical model to estimate the degree to which California’s tax regime affects participation within its commercial cannabis market, and how participation may change through different approaches to taxation.
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California should eliminate the cannabis cultivation tax and reduce the retail excise tax
Reducing taxes would make legal cannabis products more price-competitive with illicit markets and attract more consumers to the state's regulated market.
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Oregon Psilocybin Services should carefully approach Measure 109 rulemaking
Our review of the proposed rules on psilocybin products, training curriculum, and testing yielded the following observations.
