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Quick Guide to Cannabis Business Opportunities

Canna Law Blog

billion from 2020 to 2025 at a CAGR of 21.74%. Business Opportunities in the Cannabis Industry There are two main categories of cannabis businesses — plant-touching and ancillary. The legal requirements for each type are different, so it’s essential to research the laws around the company you want to start.

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Class actions against CBD companies proliferate under federal and state law

Cannabis Law Report

Consumer products law blog. Class actions against CBD companies proliferate under federal and state law. In January 2020, a bipartisan group of representatives introduced H.R. In January 2020, a bipartisan group of representatives introduced H.R. Green Roads of Florida LLC , 2020 WL 42239 (S.D.

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The Week in Weed: September 4, 2020

The Blunt Truth

It’s been a busy week for the Golden State. Assembly Bill 1525 allows cannabis banking under California state law. In other news, a federal court ruled that the state must turn over information concerning three marijuana businesses to the DEA. Further bulletins as events warrant. california.

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Two New State Laws Could Disrupt the Vapor Industry

Cannabis Law Report

On January 1, 2022, two new state laws will become effective in Illinois and Oregon and could cause significant disruption to the vapor industry. We provide background on the legislation and discuss the potential implications for the sales of vapor products in the respective states. By Azim Chowdhury & Taylor D.

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SD’s Cannabis Business Division Receives $764K Grant from State to Enhance

Cannabis Law Report

San Diego’s Cannabis Business Division received a $764,261 grant from the California Department of Cannabis Control , intended to develop tools to help businesses comply with local and state laws, it was announced Monday. Procure equipment and software to inspect, track and actively regulate licensed businesses.

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Protecting Hemp-CBD Business Information

Canna Law Blog

According to recent reports, the hemp-derived cannabidiol (“Hemp-CBD”) market is expected to grow by 700 percent by 2020 and grow to $2.1 billion by 2020. Given this significant growth forecast, sensitive business information (also known as trade secrets) has become an incredibly valuable asset for Hemp-CBD stakeholders.

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Governor’s Office Designates Cannabis an Essential Business

Cannabis Law Report

On Thursday, March 19, 2020, Governor Gavin Newsom issued a stay at home order to protect the health and well-being of all Californians and to establish a consistent approach across the state to slow the spread of COVID-19. This order went into effect on Thursday, March 19, 2020, and is in place until further notice.