2021-11-15T10:31:53-06:00 2020-12-31 350921680 CROWE LLP 575 Market Street Suite 3300 San Francisco CA 941055829 990 2020-01-01 825302210 Cannabis Trade Federation Action CANN 6122757638 1550 Larimer St Ste 1109 Denver CO 80202 Adam Goers Treasurer 2021-11-15 true Adam Goers 999009999 Diane Brown P01578407 4155761100 2020 2022-09-23 18:48:47Z Christian Sederberg 1550 Larimer St Ste 1109 Denver CO 80202 1580462 false X www.cannabistradefederation.com X 2018 CO To protect and advance cannabis businesses, the plant and the people. To end federal prohibition and create a strong, diverse, and regulated industry. 22 22 2 50 0 0 238368 445465 1806763 1125960 0 9037 2045131 1580462 2240 0 0 989038 374086 56000 0 0 1743316 686681 2790594 1060767 -745463 519695 1124540 857835 572586 193743 551954 664092 To protect and advance cannabis businesses, the plant and the people. To end federal prohibition and create a strong, diverse, and regulated industry. false false 632482 1134997 Sensible marijuana policy. 632482 false true false true false false false false false false false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false true false false true 12 0 true 2 true false false false false true true false false false X 22 22 false false false false false false false true true false false true true true true true true false false false X Heather Azzi 6122757638 131 S Downing St DENVER CO 80209 ADAM GOERS VICE CHAIR/TREASURER 1.0 2.0 X X 0 0 0 CHRISTIAN SEDERBERG CEO 1.0 2.0 X X 0 0 0 BRIAN HERRINGTON BOARD MEMBER 1.0 2.0 X 0 0 0 CHUCK SMITH BOARD MEMBER 1.0 2.0 X 0 0 0 DAVID CULVER BOARD MEMBER 1.0 1.0 X 0 0 0 DINA ROLLMAN BOARD MEMBER 1.0 2.0 X 0 0 0 ED CONKLIN BOARD MEMBER 1.0 2.0 X 0 0 0 JESSICA BILLINGSLY BOARD MEMBER 1.0 2.0 X 0 0 0 JOHN LORD BOARD MEMBER 1.0 2.0 X 0 0 0 JOHN RITTER BOARD MEMBER 1.0 2.0 X 0 0 0 JOHN SULLIVAN BOARD MEMBER 1.0 2.0 X 0 0 0 JON BOORD BOARD MEMBER 1.0 2.0 X 0 0 0 KYLE SHERMAN BOARD MEMBER 1.0 2.0 X 0 0 0 NEAL LEVINE BOARD MEMBER 1.0 2.0 X 72115 0 0 PETE MEACHUM BOARD MEMBER 1.0 1.0 X 0 0 0 PETER BARSOOM BOARD MEMBER 1.0 2.0 X 0 0 0 RANDY MASLOW BOARD MEMBER 1.0 2.0 X 0 0 0 SHANNON FENDER SECRETARY 1.0 2.0 X 0 0 0 HEATHER AZZI GENERAL COUNSEL 40.0 0.0 X 152885 0 20917 225000 0 20917 1 false true false Brownstein Hyatt Farber Schreck LLP 410 Seventeenth Street Denver CO 802024432 Legal and Lobbying Services 277335 VS Strategies 455 Sherman St Suite 390-B Denver CO 80203 Lobbying and Consulting Services 176879 The Raben Group 1341 G ST NW 5TH FLOOR Washington DC 20005 Public Policy Firm 125272 3 43674 401791 445465 Membership Dues 813920 1125960 1125960 0 0 0 0 1125960 0 0 0 0 Insurance Premium reimbursements 900099 9037 9037 0 0 0 0 9037 1580462 1134997 0 0 X 278211 55642 222569 41252 8250 33002 54623 10925 43698 933 933 8959 8959 578895 550219 28676 0 4970 4970 16157 16157 3307 3307 7446 7446 7241 7241 Admin Expenses 58773 58773 0 0 0 0 1060767 632482 428285 0 269540 267835 525000 260000 0 0 0 0 330000 330000 0 0 0 0 0 0 0 0 1124540 857835 272586 93743 200000 0 0 0 100000 100000 572586 193743 X 551954 664092 551954 664092 1124540 857835 X 519695 7443 -415000 X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true false false Loan from Related Entity 100000 100000 X X X false false false false false false false false false HEATHER AZZI GENERAL COUNSEL 152885 0 0 0 0 0 0 0 20917 0 173802 0 0 0 Form 990, Part VI, Line 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL The organization's compensation committee reviewed the CEO's compensation package using comparability data. The CEO has a contract with the organization and the process was documented in the minutes. The last review of compensation was conducted in 2018, therefore, this question has been answered no. Form 990, Part VI, Line 11b Review of form 990 by governing body A complete copy of the form 990 is reviewed by the organization's legal counsel and an authorized member of the board of directors prior to filing with the IRS. Additionally, a complete copy of the form 990 is provided to all members of the governing body. Form 990, Part VI, Line 12c Conflict of interest policy PROCEDURES: 1. DUTY TO DISCLOSE IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON SHOULD DISCLOSE THE EXISTENCE OF THE INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE PRESIDENT, DIRECTORS, OFFICERS, KEY EMPLOYEES OR MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. 2. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS AFTER DISCLOSURE OF THE INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING DIRECTORS, OFFICERS, KEY EMPLOYEES OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. 3. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST - AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD, COMMITTEE MEETING, OR STAFF MEETING. AFTER THE PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. ANY NEW FEDERALISM FUND BUSINESS TRANSACTION, WHICH INVOLVES A POTENTIAL CONFLICT OF INTEREST WITH A VOTING MEMBER OF THE GOVERNING BOARD, OFFICER, OR EMPLOYEE, SHALL HAVE TERMS THAT ARE AT LEAST AS FAIR AND REASONABLE TO THE NEW FEDERALISM FUND AS THOSE THAT WOULD OTHERWISE BE AVAILABLE TO THE NEW FEDERALISM FUND IF IT WERE DEALING WITH AN UNRELATED PARTY. 4. VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY A. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHOULD INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHOULD TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. COMPLIANCE: 1. EACH VOTING MEMBER OF THE GOVERNING BOARD, OFFICER, AND EMPLOYEE WILL BE REQUIRED TO COMPLETE A SEPARATE CONFLICT OF INTEREST QUESTIONNAIRE ANY TIME A POTENTIAL CONFLICT OF INTEREST ARISES. 2. A WRITTEN RECORD ON ANY REPORT OF POSSIBLE CONFLICT AND OF ANY ADJUSTMENTS MADE TO AVOID POSSIBLE CONFLICTS OF INTEREST SHALL BE KEPT BY THE PRESIDENT & CEO, OR WHERE APPLICABLE, BOARD CHAIR. 3. THE MINUTES OF THE GOVERNING BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWERS SHOULD CONTAIN: A. THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE AN INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE GOVERNING BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. B. THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION WITH THE PROCEEDINGS. 4. THIS CONFLICT OF INTEREST POLICY STATEMENT SHALL BE MADE AVAILABLE TO EACH VOTING MEMBER OF THE GOVERNING BOARD, OFFICER, AND EMPLOYEE. SUCH PEOPLE WILL BE ASKED TO SIGN THE FOLLOWING STATEMENT OF UNDERSTANDING CONCERNING REPORTING OF POTENTIAL CONFLICTS OF INTEREST. Form 990, Part VI, Line 19 Required documents available to the public The organization's governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part IX, Line 11g Other Fees Consulting - Total Expense: 550219, Program Service Expense: 550219, Management and General Expenses: , Fundraising Expenses: ; Other Professional Services - Total Expense: 28676, Program Service Expense: , Management and General Expenses: 28676, Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Doubtful Account Write Off - -415000; Cannabis Trade Federation Action Fund 1550 Larimer St Ste 1109 Denver CO 80202 932213493 Political Action Fund CO 527 Cannabis Trade Federation Action false United States Cannabis Council 1550 Larimer St Ste 1109 Denver CO 80202 833377887 Lobbying for sensible cannabis policy. CO 501(c)(6) Cannabis Trade Federation Action false false false false false true false false false false false false false false true false false false false false