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Halo Collective Announces Reorganization of International Assets to Create Akanda, a Leading African Medical Cannabis Company

Cannabis Law Report

2021 /CNW/ – Halo Collective Inc. (“Halo”) (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN), a vertically integrated multinational cannabis company, today announced that its board of directors has unanimously approved the reorganization (the “International Reorganization”) of its non-U.S. TORONTO , June 22,?2021

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Report: Federal Reserve Bank of Kansas City -“Is the Colorado Marijuana Industry Showing Signs of Maturation?”

Cannabis Law Report

xi The marijuana industry experienced substantial growth in recreational sales through mid-2017, with sales doubling twice between 2014 and 2016 (Chart 2). Medical sales peaked toward the end of 2016, while recreational sales continued to rise. Tax Collections in the Marijuana Industry. percent compared with the previous year.

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Cannabis Candy Co. Suit Spotlights Alter Ego Liability Theory

Canna Law Blog

Bankruptcy Court for the District of Minnesota held in 2016 in In re: Petters Co. , “Each form of veil piercing is essentially a disregard of corporate separateness.” It may also include owners treating company accounts as mere piggy banks rather than properly issuing dividends or distributions. As the U.S.

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Pennsylvania Governor Encourages Recreational Legalization to Help the State’s Economy  

Veriheal

Medical marijuana was legalized in Pennsylvania back in 2016 and went into effect in 2018. While medical is helping the people of Pennsylvania, it isn’t collecting the revenue that recreational sales could be collecting. . Recreational laws further expand legal access to cannabis, but there are a few downsides.

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Jordan Zoot Responds To Jeff Daniels article on AB 286, “California Proposes Slashing Cannabis Taxes to Help Regulated Industry Compete With Black Market.”

Cannabis Law Report

California’s failure to carefully heed all of the admonitions of the Report of the Blue Ribbon Commission in its implementation of cannabis regulation is a far more pervasive cause of the present chaos than tax rates that are too high and a lack of banking. Underground cannabis businesses have managed for generations without banking.

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What Employers in the Cannabis Industry Should Know About the California Consumer Privacy Act Taking Effect January 1, 2020

Cannabis Law Report

The CCPA is aimed towards bolstering consumers’ privacy rights by instituting notice, storage, retention, security, and other requirements related to collecting consumers’ personal information. Covered Employers Must Provide Notice Regarding Data Collection, and May Be Liable for Statutory Damages for Any Security Breach.

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Lighting Up Florida Medical Marijuana People: Rear Battalion, Part 10

Cannabis Law Report

BANKING: The growth? The Republican-controlled US Senate hosted a hearing on cannabis banking on July 23, 2019. In Who’s Now Lobbying on the SAFE Banking Act? ” BANKING: The setbacks? . ” Returning to the issue of credit unions and cannabis banking.

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