by Orchid LLC | May 5, 2025 | Blog, News
Operating as a Federal Firearms Licensee (FFL) means navigating myriad Federal and State regulations. While Federal law sets the baseline, State laws can impose additional requirements or restrictions that vary widely. Failing to comply with these State-specific laws...
by Michelle Rydberg | Apr 28, 2025 | Blog, News
Slow sales seasons are nothing new in the firearms industry. Whether it’s a post-election lull, inventory saturation, or general economic drag, retailers often feel the pressure to cut costs. But rather than slashing staff or running margin-killing discounts,...
by Michelle Rydberg | Apr 23, 2025 | Blog, News
Hartford, CT (April 24, 2025) Orchid, the industry leader in FFL technology, firearm compliance services, and 2A-friendly payment processing, announced another firearm industry ERP integration with its eBound electronic A&D Bound Book. Orchid and Iron Valley...
by Michelle Rydberg | Mar 26, 2025 | Blog, News
Beginning April 1, 2025 the State of Colorado will impose a 6.5% excise tax on the sale of firearms, firearm precursor parts, and ammunition sold in the state. There are limited exceptions for certain sales to government officials. Colorado FFLs and those doing...
by Michelle Rydberg | Dec 12, 2024 | Blog, News
On December 12, 2024, a Notice of Proposed Rulemaking (NPRM) under Regulation Identifier Number 1110-AA35 was published in the Federal Register, initiating a 30-day public comment period on the use of NICS background checks on current and prospective employees. This...
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