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Cannabis companies hat clear statecompliance hurdles may have an existing brand that’s strong (or choose to create a whole new one for a fresh start). But until this proposed measure, there was nothing in statelaw that would stop third-party cannabis companies from engaging in IP licensing deals.
Supreme Court had affirmed challenges to the federal law in part because deemed marijuana dangerous Schedule I drug. Attorney General said he’d favor a new bill protecting cannabis businesses and users from federal prosecution as long as they were in compliance with federal law. Call us at 714-937-2050.
Congress could pass a law that would legitimate marijuana activities, but only to the extent an individual or commercial enterprise acts within the letter of statelaw. State-compliant cannabis activity would no longer violate federal criminal law. Emphasis added).
Controlled Substances Act, possession and sale for any reason remains a federal crime – and federal law supersedes statelaw. The Los Angeles CANNABIS LAW Group represents growers, dispensaries, ancillary companies, patients, doctors and those facing marijuana charges. Call us at 714-937-2050.
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