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While we can’t cover everything in this blog post, below are vie key due diligence items you must understand to help protect yourself and your investment. State and local law and compliance This is the number one priority. Laws and compliance obligations for cannabis businesses can vary widely by state, county, and city.
Legal Status & Industry Overview 1. Is cannabis legal for business purposes in Australia? Importation, cultivation, production, and other activities conducted for medicinal and scientific purposes are lawful under federal Australian law when the necessary licenses and permits have been obtained.
marijuana laws truly are. Much of it was driven by Germanys newly formed government keeping its quasi-legalization policy intact, even if adult-use trials remain uncertain. Unfortunately, state-legal U.S. Actwith a strategic amendment I have been saying for years that legalization in the U.S. How the U.S. If the U.S.
For many cannabis brands, licensing their trademarks can be a savvy business move (for more information on cannabis trademarks generally, check out our webinar, Trademarking Cannabis: Cutting Through the Legal Haze ). Federal law isnt on your side Under federal law, cannabis with more than 0.3% Even some products with 0.3%
Introducing The Hemp Legally Speaking Blog. Visit the Hemp Legally Speaking Blog now. Hemp Legally Speaking. The Hemp Legally Speaking Blog focuses on all the interrelated areas of the hemp-derived CBD business, from cultivation and production to warehousing, transportation, marketing and retail.
The landscape of medical marijuana laws in the United States is complex and continually evolving. With federal and state regulations, varying laws by state, and ongoing updates, it’s crucial to have a comprehensive understanding of this ever-changing field. Arkansas : Arkansas has legalized MMJ for qualifying conditions.
Cannabis LLC operating agreements don’t have to break the bank Cannabis entrepreneurs often worry about legal costs, especially in the early stages. That said, trying to draft an agreement without legal counsel is risky. Regulators may require licensees to provide operating agreements as part of compliance.
Look no further than High Rise Law, the premier law office specializing in Cannabis Inspection Protection? We are looking for a passionate writer to blog about important legal, political, and regulatory issues in the California cannabis industry. Demonstrated experience in cannabis law, policy, or compliance required.
The CDU/CSU has pledged to repeal Germanys quasi-legalizationlaw passed in 2024. If Merz partners with center-left parties, repealing German cannabis laws would be difficult. Convincing these former traffic-light coalition members to reverse their stance on legalization seems unlikely. over drug control obligations.
Industry friction and compliance challenges Adjusting product formulations and packaging can be costly, particularly for small and mid-sized companies. As a result, many hemp businesses in Colorado have continued selling products that exceed the legal THC thresholds, gambling on limited enforcement.
As the Michigan cannabis industry continues to grow and mature, medical and adult-use licensees would be well served to take proactive steps to ensure compliance with Environmental, Health and Safety (EHS) regulations. We look to forward to diving into this topic in our next blog post in this series. Co-Authored with Jerry Hincka.
And some business owners like to operate without legal or financial safety netsbut they rarely last long. Regulatory Questions Do your states cannabis laws mandate a specific type of entity? Do you plan to take the company public, once legally and commercially feasible? Do the regulations require full ownership transparency?
percent THC as long as the production was in compliance with all legal requirements. While cultivation of hemp from EU certified seeds is legal in all 28 Member States, requirements, THC limits, and permitted purposes differ from country to country. EU subsidies are available for crops that do not exceed 0.2
We’re proud to announce that our European correspondent & editor, Mark Taylor, has just announced the publication of his title “Cannabis Law and Regulation” with respected UK professional publisher Bloomsbury Professional. Bloomsbury Professional Law Insight – Cannabis Law and Regulation. Published: 13-02-2020. RRP: £59.40.
Both panelists discussed the dos and don’ts of selling and distributing CBD products in interstate commerce and stressed the importance of complying with the CBD laws of each state in which a product is sold. This was music to my ears!
Seyfarth Synopsis: In the first six months of 2021, several states legalized marijuana for recreational and medicinal purposes, including New York, New Jersey, Virginia, and New Mexico. On June 22, 2021, Connecticut Governor Ned Lamont signed a bill that legalized recreational marijuana use by adults 21 years and older.
by David Standa | Jun 3, 2021 | Legalization , Legislation , Licensing , Recreational Marijuana | New Mexico. Be sure to follow our blog if you are interested in seeking licenses in New Mexico and to stay abreast of what is happening in the cannabis industry. The next key date in that timeline is June 29.
Australia Cannabis Regulations: Federal and State Overview Australias cannabis laws are complex, with federal, state, and local regulations all playing a role in determining the legal framework. Australian state and territory laws determine whether personal use, possession, and local business activities are permitted.
We’ve been writing a lot lately about recent major changes in federal hemp laws that will likely affect every hemp company in the United States (see here , here , and here ). privacy law to date. If CCPA applies to a cannabis or hemp business, compliance will be no small undertaking.
The International Narcotics Control Board (INCB), responsible for monitoring compliance with global drug treaties, has admitted it may have to water down its hardline approach to cannabis regulation to stay relevant. The regulator references Illinois’ decision, reminding the US of its obligations to align with international law.
This means some minor and major changes to Washington marijuana laws. ” SB 5318 “Reforming the compliance and enforcement provisions for marijuana licensees.” Despite legalization, marijuana remains listed as a controlled substance in Washington’s Controlled Substances Act (“CSA”).
Thus HB 4121 contained a myriad of regulatory and law enforcement provisions in respect of hemp, including the creation of a registration program for hemp products. Most hemp growers dont care When the 2018 Farm Bill passed, legalizing hemp, many growers moved into the ODA system with no intention of growing cannabis for fiber or grain.
California’s new CBD law (AB45) is attracting attention from cannabis operators far beyond the Golden State. A legal change signed into law by Gov. Meanwhile law firm Troutman Pepper have a more regulatory view of things in their latest blog post. California Passes CBD Law That Conflicts With FDA Guidance.
Several states across the country are legalizing marijuana, the federal government isn’t budging. Here are things you need to know about federal marijuana law. Medical marijuana is actually legal in 21 states throughout the country. Not only that, but recreational marijuana is also legal to use in 10 states.
The Agriculture Improvement Act of 2018 ( 2018 Farm Bill ) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (CSA) and by providing a detailed framework for the cultivation of hemp. Violating this law is a Class C felony. total THC is strictly prohibited.
An-Chi Tsou is the principal at Tsou Consulting, LLC, specializing in state and local regulatory and legislative compliance, guidance, and advocacy. As most people know, state law provides very generous authority to local jurisdictions regarding operational requirements and standards. Authored By: An-Chi Tsou.
In fact, according to Grand View Research, the global legal marijuana market is expected to reach $146.4 in particular, regulators are beginning to crack down on what has been the wild west of marijuana sales for the past two decades since the legalization of medical cannabis in California back in 1996. billion by the end of 2025.
From its prohibition to the gradual legalization and implementation of medical cannabis programs, the landscape of marijuana use for medical purposes has shifted dramatically. Legalization of Medical Marijuana in Iowa: The legalization of medical marijuana in Iowa marked a significant turning point in the state’s approach to cannabis.
The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. The law was modified in 2016 in House Bill 992. producers and consumers.'”
The legalization of medicinal and recreational cannabis at the state level has created a growing desire to roll out more products to more consumers. Rate this blog post [Total: 2 Average: 5 ] The post Becoming Human: How Artificial Intelligence Is Reshaping the Cannabis Industry appeared first on NewsMunchies.
We have spilled a lot of ink on this blog related to the 2018 Farm Bill , which legalized hemp at the federal level. And there are so many ramifications, from food law to trademarks to the financial services environment. This blog post is going to cover financial institutions and hemp at about 10,000 feet. It’s huge news.
California has long been a pioneer in the field of medical marijuana, and its MMJ laws have continued to evolve over the years. For patients seeking access to this valuable form of treatment, it’s essential to understand the complex web of regulations, legal requirements, and rights surrounding medical marijuana in the Golden State.
Forty-seven states have legalized cannabis in at least some form—as CBD oil or for medical or recreational use—and it may only be a matter of time before marijuana is legal nationwide. With the unyielding demand for the drug, coupled with recent changes in the law, you may be interested in starting your own marijuana business.
On Wednes day July 10, 2019, the House Subcommittee on Crime, Terrorism, and Homeland Security heard testimony from an expert panel to discuss the growing need to reform marijuana laws and address the long occurring disparate impact and enforcement of racial minorities and communities living in poverty.
A few decades ago, you couldn’t open a cannabis dispensary in any state without facing the wrath of the state laws. This is now a thing of the past in most states, thanks to the legalization of the sale and use of cannabis in these states. There are a lot of opportunities that have been brought by this legalization.
Again, the primary concern expressed was that current law forces state-legal businesses to operate on a cash basis, which poses a safety risk, complicates enforcement efforts, and could damage local economies. The [SAFE] Banking Act (H.R.
As cannabis continues to evolve, understanding the intricacies of West Virginia’s MMJ laws and regulations is essential for patients, caregivers, and industry stakeholders alike. It aims to provide regulated and secure avenues for patients to obtain medical marijuana while ensuring adherence to stringent state laws and regulations.
Ohio has seen significant developments in its medical marijuana laws, reflecting changing attitudes towards cannabis as a therapeutic option. Caregivers must be at least 21 years old and may only serve one patient at a time, unless they are also the legal guardian of multiple patients.
reported in our blog here ) that even though New Jersey’s Compassionate Use Medical Marijuana Act (the Act) did not “require … an employer to accommodate the medical use of marijuana in any workplace,” it also did not “immunize an employer’s obligation already imposed elsewhere” — such as in discrimination statutes.
As exciting as the rise in marijuana legalization is for many consumers, another trend is also on the rise. To put the concept into perspective - currently, cannabis flower in legal markets typically contains THC levels from 18%-23%. The new law replaced the state’s 3% THC limit with an alternative cap of 4.5 Washington.
Overview of Texas Medical Marijuana Laws Texas medical marijuana laws govern the possession, use, and distribution of medical cannabis within the state. However, the law remains restrictive, limiting access to medical cannabis compared to other states.
Marijuana banking options are limited for many entrepreneurs despite the fact that several thirty-six states legalize medical marijuana use. On April 13, 2022, the Pennsylvania Senate approved a bill that provides legal cannabis businesses access to insurance and banking services. Marijuana Banking Bill. Marijuana Insurance Reform.
While we have written on these agency policies individually, we thought it would be helpful to recap these opinions under one blog post. Nevertheless, the substantial public interest in accessing CBD in food and dietary supplements has forced the FDA to explore potential regulatory pathways for the lawful marketing of these products.
The Cannabis and Hemp Advisory practice will provide counsel and support to existing businesses, start-ups, and ancillary service providers within the cannabis industry, especially in the areas of: tax planning; compliance with section 280E of the U.S. The sale of hemp-based products is currently legal federally. CONTINUE READING.
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