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For employers who are not exempt, the employer has a fair amount of discretion in creating marijuana policies, according to Zaino and CBIA HR Counsel Diane Mokriski. You can still draft a policy that essentially preserves the current protections you have as an employer, you just have to draft a policy,” added Zaino.
African Business reports on an industry caught in the middle most important election the country has held in a generation.… The post Article: Uganda “policy towards cannabis is currently a haze of confusion” first appeared on Cannabis Law Report. … Read More.
This article focuses on the Department of Financial & Professional Regulation (IDFPR) portion of the report, which touts FY2024 as “a year of explosive growth in the cannabis industry” in Illinois. These rules bring further clarity and transparency to IDFPR operations by laying out policies and procedures in a clear and concise way.
The American Association of Insurance Services has expanded its Cannabis Businessowners Policy into Nevada , making it the third state to approve the insurance program, along with Colorado and California, according to a Property Casualty 360 report. Read The full article. Cannabis Business Insurance Policy Approved in Nevada.
The article outlines action already taken using legislation and those states who have pending legislation. Michigan: In late March, lawmakers introduced House Bill 4517 , which would make it illegal to produce or sell delta-8 and any other THC isomers outside of state-licensed marijuana businesses. Read full article.
What it exemplifies to Grupo Flor CEO Gavin Kogan is a wider metamorphosis in California reflecting scores of new marijuana markets and business opportunities for cultivators, manufacturers, retailers, testing labs and other MJ businesses around the state.
CBE have published the following article. Read the full article at. In the meantime, many courts are pressing pause on CBD class action matters, staying these cases to allow the FDA to develop enforcement policies before the court is asked to interpret the existing law. Here are a selection of the highlights.
This policy ensured significant penalties and incarceration for possession, cultivation, and trafficking for anyone found guilty in the U.S. Harpers magazine also released an article in 2016 , with clips from an interview with a top Nixon advisor who made a similar admission. .”
In practice, Section 280E does not allow state-level legal cannabis businesses to deduct ordinary business expenses when determining gross income from the sale of inventory. The CAOA’s proposed tax regime raises a number of important practical and policy questions that should be considered by the Act’s sponsors.
The Policy Pathway For A Post-Election German Recreational Cannabis Market Outlined In A New Report – Cannabis Business Executive – Cannabis and Marijuana industry news.
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The Hemp Center will be based in OSU’s College of Agricultural Sciences and intends to serve “as a research hub connecting faculty and researchers engaged in plant research, food innovation, pharmacy, public health, public policy, business and engineering.” You can read all about it here.
This article by Cannabiz takes a look at what’s happening and suggests some solutions. Regulations passed leading up to opening the state’s adult-use market in 2018 allowed large businesses to exploit a loophole and obtain as many cultivator licenses as they could afford. Here’s a snippet.
Since federal law still categorizes marijuana as a Schedule 1 drug — which makes marijuana businesses illegal — national banks fear they’ll violate federal law doing business with the cannabis industry. This subsequently makes it difficult for cannabis companies to find banks that will allow them to open up a business bank account.
BusinessCann recently reported that Metro Bank , previously thought to be one of the few UK banks open to working with cannabis businesses, was in the process of closing all accounts related to CBD. Reflections Across the Pond: Banking Blues for UK Cannabis industry.
The shifting legal and regulatory framework has had an impact on businesses’ trademark strategies in both countries, with brand owners having to act quickly and think ahead to ensure that their rights are protected. The downward trend in application levels also has to do with a shift in business strategy. Smokers’ articles.
Under a new policy announced by the Northam Administration, the Commonwealth of Virginia will soon officially authorize hemp processors to produce hemp extracts for human consumption. Sam Johnston is an attorney practicing in cannabis and hemp law, IP, environmental law, and business matters. Authored By: Samuel B. Johnston, Esq.
We have written many times over the past few years about how the bankruptcy courts are off-limits to state-legalized cannabis businesses. For these reasons, the court concluded that enforcing the parties’ contract would likely neither violate the CSA nor public policy. Monday, January 31, 2022. Factual Background. E.g., Polk v.
January 2022) – The CDC recently issued guidance to businesses developing marijuana policies, balancing state legalization efforts and fleet safety. Likewise, a zero-tolerance marijuana policy may no longer be viable under state legalization laws. 20 January 2022. by Todd A. Gray , Joseph Fiorello and Sean Wood.
Armies are seeking first-mover advantage with cannabis,” says says business leader Dennis Juru, president of the South Africa International Cross Border Traders Association. Armies bumping into cannabis is not a trend unique to Africa, but liberal Europe too, says Dennis Juru, the tariffs-free business lobby leader.
This article is intended to offer some answers. Hoban On April 23, Delaware became the 22nd state in the country to legalize marijuana for recreational use. With the passage of the new law, Delaware employers face new challenges and questions. The Law The change in the law results from the passage […]
If until recently working with cannabis was taboo for law firms, having experience in this niche today has become a lure of clients and new business opportunities as interesting as opening up an incipient sector with the potential to move millions of reais in the Brazil in the coming years.
DKB’s expertise and experience with other regulated industries, especially the alcoholic beverage market, can help make sure businesses get it right. tax code; banking procedures; accounting policies and procedures; licensing; operating policies; outsourced accounting; referrals to ancillary service providers; and general business consulting.
In June, the company became arguably the most mainstream corporation in the world to support cannabis legalization when it announced a (slight) change of heart on its weed policy. Is a mega-corporation like Amazon likely to lobby for environmentally sustainable industry regulations, or protections for equity and small cannabis businesses?
As a law firm that has been helping cannabis businesses succeed since 2010, we couldn’t be more excited. The industry consensus is that the total THC requirement is impractical and likely devastating to cultivators and, therefore, to every business in the hemp supply chain. And for good reason: the recreational market is expanding.
This leader had no criminal record and ran other businesses in Barcelona, while the others arrested had records for sexual exploitation and drug trafficking. Police believe the leader of the group is the head of Bang de Fujian, a people smuggling gang known as a “snakehead” that operates in the Fujian region of China.
This article is the fourth in a series called, “So you want to start a canna biz?” This article focuses on different types of cannabis businesses. As the cannabis industry takes shape, the wide array of businesses that make up the industry really come into focus. Learn the types of cannabis businesses. Cultivation.
The current public policies in local and state cannabis ordinance and equity programs may enhance racial disparities if they follow the pattern of exclusion and criminalization that encompass past policies promoted as beneficial to African Americans but uphold racial capitalistic practices. Authored By: By Dr. Ayoka Nurse.
Michael Sassano: GMP Article No 9: Bringing New Products to GMP Facility. Lewis Brisbois Bisgaard & Smith LLP: CDC Issues Best Practices For Fleet Marijuana Policies. The CDC recently issued guidance to businesses developing marijuana policies, balancing state legalization efforts and fleet safety. February 2022.
Cannbiz Media write On February 14, 2023, Twitter became the first major social media platform to allow cannabis advertising for both business-to-business (B2B) and business-to-consumer (B2C) brands and companies. states to create […]
This article is the fifth in a series called, “So you want to start a canna biz?” This article focuses on getting money to start your cannabis business. Selling an equity ownership stake in your business to an investor. Has your business already made a profit? How much does it cost to launch a cannabis business?
Note: South Dakota’s weed-legalization legislation is currently facing legal challenges, because no list in this article can be simple. What about transporting marijuana for business purposes? If you’re the owner of a cannabis-related business, you’ll almost certainly need a license to transport marijuana, even within your state.
Hochul nominated former Drug Policy Alliance staffer Chris Alexander for executive director of the new Office of Cannabis Management (OCM) and former New York Assemblywoman Tremaine Wright for chair of the Cannabis Control Board (CCB) during a special legislative session that convened Sept. Kathy Hochul less than two weeks do what former Gov.
Their article argues that the judgement is in fact about federalism. But, if marijuana-related businesses, in recognition of this, hire armed guards for protection, the owners and the guards might run afoul of a federal law that imposes harsh penalties for using a firearm in furtherance of a “drug trafficking crime.”
While entrepreneurs and investors rush to set up cannabis businesses throughout the Garden State, how will New Jersey regulate the environmental impacts of the industry? In order to operate a cannabis business in New Jersey, businesses need to obtain one of the coveted licenses through the competitive licensing process.
Twitter is still an important channel for cannabis businesses and cannabis-related businesses to indirectly market their products and services. 10 Twitter Marketing Tips for Cannabis Businesses and Cannabis-Related Businesses. Which journalists and bloggers write about topics related to your business?
An insurance policy can consist of a couple hundred pages that include numerous coverage forms; lists of defined terms of great legal significance such as “occurrence,” “property damage,” and “bodily injury;” pages of exclusions; pages of endorsements that modify the coverage forms; and riders that condition or limit the coverage.
The other ensures the state will not prohibit or discourage banks and credit unions from providing financial services to legitimate cannabis businesses. The full United Nations is scheduled to vote on revising cannabis policy in December, assuming that COVID-19 doesn’t delay the vote. united nations. cbd for pets. tax litigation.
Bush’s national drug control strategy, Congress passed legislation to require schools, colleges and universities to implement and enforce drug and alcohol prevention programs and policies as a condition of eligibility to receive federal funds and assistance.
They’ve since added a degree in cannabis business. The university’s Cannabis Center of Excellence offers courses like cannabis economics, cannabis law and policy, and survey of cannabis business. Ohio State University’s Moritz College of Law offers a course on marijuana law and policy and a seminar on marijuana law.
Civic leaders in San Diego are considering easing the regulations for cannabis businesses in an effort to promote social equity in the city’s legal marijuana industry. Among the proposals being considered are reducing the buffer zone required between cannabis businesses and sensitive use sites including schools and churches.
A 2017 survey from Marijuana Business Daily found that 81% of American cannabis business owners and founders were white and 10% of cannabis business founders identified as Hispanic/Latino or Black. of business owners in the industry, per Leafly’s Jobs Report 2021. Many Black cannabis businesses can’t secure funding.
What does it really mean to operate an “all-cash business”? View Leafly Podcasts’s articles. By submitting this form, you will be subscribed to news and promotional emails from Leafly and you agree to Leafly’s Terms of Service and Privacy Policy. View original article.
Unfortunately, on the negative side, Connecticut yet again extended the 10% surcharge on the corporation business tax, and delayed and extended the phase-out of the capital base tax on corporations. The content of this article is intended to provide a general guide to the subject matter. Connecticut adopted a $46.4
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