Marijuana article strikes a nerve

Cannabis Chronicles

You might not know that after reading a recent New Yorker article that draws connection between marijuana use, schizophrenia and violent crimes in Washington. The same thing cannot be said about cannabis, except for this article.”.

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Article: Are Cannabis Contracts Void?

Cannabis Law Report

The Controlled Substances Act makes it illegal under federal law to manufacture, distribute, or dispense marijuana ( Cannabis ). In addition the Medicinal and Adult-Use Cannabis Regulation and Safety Act (MAUCRSA), Cal. Published Via The National Law Review: [link].

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Article – Insurance Journal: California Commissioner Spearheading National Cannabis Insurance Framework

Cannabis Law Report

will deal with the legal cannabis market. The white paper outlines the challenges for the insurance industry in regulating cannabis and it establishes a guideline, or a starting point, for state insurance regulations. Cannabis-NAIC-WP. Cannabis Law News

Benzinga Article Says Cuomo Cannabis Bill Just Won’t Work

Cannabis Law Report

Because all towns, cities and counties ……”will be forced to allow adult-use cannabis businesses.” ” says their article. New York’s approach to municipal control and adult-use cannabis may not be legal, and at best, is unique.

Article: South Africa: Cannabis Remains Abuzz

Cannabis Law Report

Article by Donvay Wegierski. An adult may possess and use cannabis in private for personal consumption in South Africa. While the commercial sale of cannabis remains illegal in South Africa this playing field appears to be changing fast. 12 November 2019.

Article & Program Report: Perfecting Cannabis Policy

Cannabis Law Report

The program, held on November 1 as part of BC Law’s alumni weekend, focused on the economic and social impacts of cannabis legalization in Massachusetts. Naomi Martin, cannabis reporter from the Boston Globe, served as moderator.

Forbes Article: Cannabis Companies Brace For Defensive Mergers In 2020

Cannabis Law Report

The struggling cannabis sector is likely to see a wave of large and mid-sized mergers in 2020 as growth capital goes up in smoke, stock prices decline and producers report lower-than-expected sales, industry executives say. Read full article at [link].

Article: Top 5 APAC Countries for Legal Cannabis

Cannabis Law Report

An interesting article in itself and a great overview of what is happening in regulated cannabis in the Asia Pacific region. What really interests us, though, is the fact that the article is published by a Singaporean publication, The Online Citizen. The Article.

Quartz Article: What China’s relationship to cannabis reveals about its economy

Cannabis Law Report

Click on the image to access article. Pot Luck

CA: Article “Supes draft cannabis tax rates”

Cannabis Law Report

Cannabis’ role in filling public coffers became clearer at Tuesday’s El Dorado County Board of Supervisors meeting with the board voting to approve cannabis tax rates for the unincorporated areas of the county. Measure N covered commercial cannabis permitting, taxing and enforcement.

MJ Biz Article: Some struggling US cannabis companies may look to Canada for possible bankruptcy protection

Cannabis Law Report

cannabis companies facing financial pressure are increasingly eyeing Canadian bankruptcy protection as a possible solution to their problems. “It’s Some struggling US cannabis companies may look to Canada for possible bankruptcy protection. Cannabis Law News

Mondaq Article: South Africa: Cannabis: balancing Competing Interests

Cannabis Law Report

Article by Vasco De Oliveira. Such legal acknowledgment has the effect that traditional medicine products (including cannabis and cannabis-based products) must now be brought under regulatory measures. The cannabis must be seized, weighed and booked into the SAP13.

Article: Willie Nelson Takes On Corporate Cannabis

Cannabis Law Report

Alison Holcomb, who wrote the initiative to legalize recreational marijuana in Washington State, told me that a cannabis industry dominated by large corporations would threaten the core values of the legalization movement. “It

ITEP Article: Legal Cannabis and a Tax Cut, Too

Cannabis Law Report

On November 20, the House Judiciary Committee approved a bill that would legalize cannabis at the federal level and allow states to decide whether they will permit legal sales within their borders. Currently, only the cost of goods sold is federally tax deductible by the cannabis industry.

Fresh Toast Article Highlights Top 5 Cannabis Industry Scandals

Cannabis Law Report

All are terrible and the size of those schemes may make the cannabis industry scandals look like small potatoes. Still, these top five events come complete with drama and intrigue that make the cannabis industry so interesting, if not entertaining, to be a part of. Cannabis Law News

ABA Publish Article: “Cannabis Regulation: Law, Society and Health”

Cannabis Law Report

This article will discuss the rapidly evolving legal landscape and liability risks of cannabis in the United States. The issue of national legislation may not need to wait for a democrat to take the presidency, if enough republicans shift their support to cannabis.

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Leafly Article Highlights Issues In Montana’s Legislative Makeup For Both Medical & Recreational Cannabis

Cannabis Law Report

Patients now will be able to purchase up to five ounces of cannabis per month, but the tax will bump from 2% to 4%. Full article at [link]. Cannabis Law NewsHere’s their introduction.

Article: Headwinds and Tailwinds for the Cannabis Industry in 2020

Cannabis Law Report

We predicted strong numbers from the biggest MSOs and a favorable response to them, and that, in our opinion, was one of the three factors that helped engender a massive rally off of multi-year lows in the Global Cannabis Stock Index , which remains down 8.4%

Article: How Does Artificial Intelligence Fit into Cannabis Cultivation?

Cannabis Law Report

Grit Daily report… In a clandestine, 40,000-square-foot cultivation facility in northern Arizona, we met with the founders of CEAD, Royce Birnbaum and Adam Klaasmeyer, a company that develops artificial intelligence applications for the cannabis industry.

Article: The Great Seattle Pot Heist

Cannabis Law Report

On the night of the break-in in January 2018, Plantworks had a full crop—26 pounds of high-quality dried, cured flower, worth about $52,000—ready to deliver to local cannabis shops. Read the full article: [link].

Article – The Tax Advisor: Legal hemp and deductible expenses

Cannabis Law Report

For decades, cannabis, derivatives of cannabis, and related substances such as hemp and marijuana were classified as Schedule I narcotics under the 1970 Controlled Substances Act. Read the full article at [link]. Cannabis Tax Intel

Accounting Today Publish Article, “Special tax issues for cannabis businesses”

Cannabis Law Report

They write……… It’s tax time for everyone, but for entrepreneurs in the rapidly growing cannabis business, it’s a particular challenge. Full article at … [link]. Cannabis Tax Intel

Australia-Mondaq Article: Australia: Magistrate dismisses drug driving charge for medicinal cannabis user

Cannabis Law Report

Australia: Magistrate dismisses drug driving charge for medicinal cannabis user. 0 Liked this Article. A driver who was prescribed medicinal cannabis oil for his multiple sclerosis has had his drug-driving charge dismissed by an Adelaide Magistrate. MONDAQ : [link].

Farmer in Japan Fights for Freedom Over Medical Cannabis

Cannabis Life Network

On December 3, 2018, Tetsuya Aoyama, a humble farmer in Obihiro, Hokkaido, was arrested on suspicion of violating Japan’s Cannabis Control Act. He was arrested for possessing 29 kg (64 lb) of cannabis, which was the second-largest amount of cannabis seized in Japan in the last 10 years.

Article: General Counsel Share Why Cannabis M&A Deals Are Having Trouble

Cannabis Law Report

Law.com hear from a number of GC on the Cannabis M&A environment in the US. They write, “Experts in the field discuss the underlying causes of recent mergers and acquisitions in the cannabis space either being changed significantly or abandoned entirely.”

5 Articles About Marijuana Law in Nevada

Connor & Connor PLLC

The Connor & Connor team has written several articles discussing the various legal aspects of the marijuana industry. While the articles below certainly do not encompass every law and regulation, they can serve as a starting point for anyone interested in learning more. This article examines the legal and ethical concerns of marijuana advertising on social media sites such as Facebook. This article was also featured on the State Bar of Nevada’s Facebook page.

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Law 360 Article: 5 Things Cannabis Biz Attorneys Should Know About Tax Law

Cannabis Law Report

Cannabis Tax Intel

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Article: Thai Govt To Monetize Medical Cannabis

Cannabis Law Report

Selling dried cannabis to pharmaceutical companies as well as Cannabidiol (CBD) and Tetrahydrocannabinol (THC) extracts as soon as it is licensed, is the intention of Thailand’s tobacco authority among new measures to turn a profit on its dwindling cigarette business.

Article: A Comprehensive Cannabis Program for New York State: The Second Act

Cannabis Law Report

On January 21, 2020, as part of his 2021 Executive Budget, New York State Governor Cuomo released his proposed Cannabis Regulation and Taxation Act (CRTA)—his vision of a regulated cannabis market in New York State and second bite at the apple. Source: JD Supra.

How Franny’s Farmacy is Redefining Cannabis Business Ownership

Leafly

Franny's Farmacy encourages entrepreneurs to join the cannabis industry with their own white-label CBD franchise. They offer cannabis-specific guidance in banking, wholesale supply-chain management, and marketing so new CBD retailers can focus on establishing their CBD business.

What is the Veterans Cannabis Project?

Leafly

Doug Distaso shares his journey with medical cannabis as the founder of the Veterans Cannabis Project, an organization that advocates for veterans to have full legal access to cannabis. The post What is the Veterans Cannabis Project?

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Guest Article: The Legal Status of CBD Oil in Spain

Cannabis Law Report

Cannabidiol or CBD is a chemical compound that is extracted from species of cannabis plants marijuana or hemp. While THC is the psychoactive agent that is present in a cannabis plant, CBD has a lot of medicinal properties. The use of cannabis for commercial purposes is illegal in Spain.

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CPA Journal Article: “Providing Services to the Marijuana Industry”

Cannabis Law Report

Those of you beginning to pick up regulated cannabis clients might find this article a useful and interesting read. This article focuses on analyzing the guidance on this topic from the state boards of accountancy and Tax Court cases. Cannabis Tax Intel

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Article: Marijuana legalization hasn’t blossomed in N.J., but cannabis remains fertile field for law firms

Cannabis Law Report

ROI NJ write… The expectations for explosive growth in the cannabis sector, a fuse lit by Gov. For example, one of the earliest New Jersey law firms to plant resources in the cannabis sector was Sills Cummis & Gross. Cannabis Law News

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Article – Cannabis Now: A Group of California Trimmigrants Sue for Worker Protections

Cannabis Law Report

California cannabis workers have filed a major class action lawsuit against two cannabis companies, alleging that the companies did not pay their workers for overtime, did not provide the required meal and rest breaks and threatened employees not to leave the farm’s remote location.