The Blunt Truth

JULY 30, 2019

Of interest to TBT readers, a few key takeaways from the event include: Investment Opportunities – many industry experts accept as a given the fact that institutional capital will remain on the sidelines until marijuana is legal at the federal level. Institutional investors perceive too much legal risk and are prepared to wait.

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Banking Hemp Cannabis Access 78

The Joint Blog

DECEMBER 2, 2019

First the first time since the start of marijuana prohibition many decades ago, marijuana sales will be legal in both Michigan and Illinois beginning January 1st. In both states, a limited number of businesses have received state licenses letting them sell recreational products initially.

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Cannabis Law Report

DECEMBER 27, 2021

Given the territorial nature of trademark law, it may even be that counterfeiters in illegal states have a head start as to priority, as compared with the original companies that created the marks but operated strictly in accordance with state law. See NORML, State Laws – Legalization (last accessed Dec.

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Cannabis Law Report

OCTOBER 12, 2021

In March 2020 , the Company completed its acquisition of Labtronix, Inc. d/b/a Venom Extracts (“ Venom Extracts “) which transformed the Company into a multi-state operator and substantially enhanced its revenue, capabilities and reach. The Company’s products are sold in 370 dispensaries across Arizona and California.

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Cannabis Law Report

NOVEMBER 23, 2019

License revoked for California cannabis vape maker Kushy Punch after state seizes $21M worth of products. Hundreds of California Marijuana Business Licenses still Suspended and Likely Going Unused. As of Tuesday, 277 out of the 407 permits involved had not received reinstatement to “active” status, according to state licensing data.

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Dykema (Cannabis Law Blog)

NOVEMBER 16, 2022

The adult-use marijuana market in Michigan has seen a plunge in the price of marijuana. According to the Cannabis Regulatory Agency, the average price of one ounce of marijuana in December 2020 was $350.88. In contrast, the average price fell to $109.22 in September 2022. MCL 333.27959a.

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Cannabis Law Report

JUNE 15, 2022

In addition, the licensees must execute a management agreement with a third-party operator to manage and operate the remaining facilities that the department will continue to permit in compliance with state law. Treasury Seeks Comment on Collecting Marijuana-Related Business Activity Information. On June 8, 2022, the U.S.

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The Blunt Truth

OCTOBER 1, 2020

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Four members of Congress introduced a bill allowing the marijuana industry to access relief funds. The Nebraska Supreme Court ruled in favor of CBD sellers in the state. Marijuana is off the ballot in Oklahoma.

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Decriminalization Banking Legislation Access 113

Canna Law Blog

FEBRUARY 17, 2023

A few years ago I wrote a somewhat tongue-in-cheek blog post titled, “Cannabots – Are the Robots Coming For Your Weed,” which discussed the application of robotics to the cultivation of marijuana. I asked ChatGPT some questions about marijuana and I asked it to write a blog post. In any event, ChatGPT is pretty fun!

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Banking Legalization Business Cannabis 81

Canna Law Blog

NOVEMBER 13, 2020

On November 3, 2020, voters in Oregon approved Measure 109, paving the way for a regime of psilocybin for therapeutic uses in a few years. Oregon 2020 Election: Vote Yes! Whether or not the federal government takes a position of non-enforcement, psilocybin contracts will face serious issues given the state of federal law.

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Banking Therapy Business Access 95

Cannabis Law Report

OCTOBER 17, 2019

Outsiders are coming in thinking that we’ll be passing legal recreational marijuana shortly and are willing to invest. Each has different levels of a compound called tetrahydrocannibinol (THC), which is what gives marijuana users their high. the THC levels that differentiate industrial hemp from marijuana).

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Cannabis Law Report

DECEMBER 30, 2019

2019 has been an unprecedented year for the passage of state-level marijuana law reforms. As documented in this report, legislators across the country approved a litany of new marijuana legislation this year addressing a wide spectrum of issues. The Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act.

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