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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? Are there any efforts to legalize recreational cannabis nationwide? There are ongoing political discussions and advocacy efforts, particularly from the Legalize Cannabis Party and the Greens. Australia Cannabis Q&A A.
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.
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.
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 ). That can trigger licensing obligations, background checks, or other compliance requirements. But its not plug-and-play.
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
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.
And some business owners like to operate without legal or financial safety netsbut they rarely last long. Do you plan to take the company public, once legally and commercially feasible? Your answers to these and other questions will guide your legal and tax advisors in helping you choose the best business entity and structure.
The rapid growth of the global legal cannabis industry is often described as a “Green Rush,” yet many experts are concerned that this industry is not ‘green’. As more countries legalize cannabis production and the number of consumers explodes, the demand for grow sustainability is mounting. What is a carbon footprint of legal cannabis?
The CDU/CSU has pledged to repeal Germanys quasi-legalization law passed in 2024. Convincing these former traffic-light coalition members to reverse their stance on legalization seems unlikely. The proposal still has a long way to go, but it builds on pilot programs launched in 2023 that study legalization effects in specific Cantons.
As you already know if you follow our blog, the Food and Drug Administration (“FDA”) has taken the position that CBD-infused foods and dietary supplements cannot be lawfully sold or marketed in the United States. 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.
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.
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. Must complete 1 blog per week 500-700 words written in 1.5 – 2 hours targeting cannabis business owners.
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. In an old blog post tracing the evolution of regulated Oregon cannabis, I explained that in 2019 people started to use ODA licenses as cover for diversion .
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.
This guide aims to provide an in-depth exploration of medical marijuana laws in the USA, offering insights into the regulations, the legal status of medical marijuana, the differences between federal and state laws, patient rights, dispensary regulations, and much more. Arkansas : Arkansas has legalized MMJ for qualifying conditions.
Business must keep abreast of global market trends on legalization and scientific and technological advancements. Our first sister company, Concentra Solutions is about to celebrate our 30 th anniversary specializing in contact center quality assurance for customer experience, compliance and performance improvement.
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. POSTED IN ADVERTISING AND MARKETING , CANNABIS , COMPLIANCE , FDA , FEDERAL ENFORCEMENT , OTHER STATE REGULATORS , REGULATORY LITIGATION , STATE ATTORNEYS GENERAL , TOBACCO.
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%. As you can see, there are already 10 states that are considering or have considered legal THC limits.
We have spilled a lot of ink on this blog related to the 2018 Farm Bill , which legalized hemp at the federal level. This blog post is going to cover financial institutions and hemp at about 10,000 feet. This means limited access to institutional lending, ongoing compliance reporting and audits, and short leashes overall.
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. However, the environment of the legal marijuana industry is ever-changing. Obtaining Your Product. Conclusion.
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.
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. For more updates on Oregon’s Hemp CBD laws, stay tuned to the Canna Law Blog.
The European Union is set to increase the permitted THC levels in legal cannabis products from 0.2 If you wish to re-publish this story please do so with following accreditation. AUTHOR: Mark Taylor. PUBLISHER: CANNABIS LAW REPORT. percent to 0.3
Its primary objective is to set a schedule for the discussion of the 2016 citizens’ initiative for cannabis legalization. In just a few hours, the group gathered more than 50 members. This initiative was supported by 60,000 signatures, and now a parliamentary debate is set to launch on the subject.
An-Chi Tsou is the principal at Tsou Consulting, LLC, specializing in state and local regulatory and legislative compliance, guidance, and advocacy. The problem with this setup is that none of the three licensing authorities are legally required to follow the recommendations provided by the CAC. Authored By: An-Chi Tsou.
A recent press release has announced the formation of a group called the Legal Cannabis Coalition (LLC), which consists of a dozen Dutch horticultural companies.… … Read More.
The post CannTrust affirms its commitment to regulatory compliance and restoring trust appeared first on Cannabis News | Lifestyle Tips | Expert Opinions | Stocks. As part of its Review of Operations, CannTrust reduces workforce and spend while preserving key talent.
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.
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. Today we turn to North Carolina. For now, we just have guidance documents.
While Oregon legalized hemp production in 2015, the Beaver State has seen a huge influx of hemp grower and handler registrations since the enactment of the 2018 Farm Bill , which legalized hemp under federal law. Many of our hemp clients have been asking how these rules would impact their businesses.
Immediate legal impacts on hemp farmers. Steps for hemp farmers to take now to best prepare for compliance with the interim rules once they’re finalized. The agenda for tomorrow will include: THC Testing. Interstate Transport. State and federal licensing. Ambiguities in the regulations and areas of concern.
Legality of Mailing Cannabis, CBD, and Hemp Products Mailing Cannabis, CBD, and hemp products can be a tricky subject due to the varying legal regulations. While some states have legalized the use and distribution of Cannabis and CBD products, it is still considered illegal at the federal level. THC, is legal under federal law.
Though the rise in the popularity of cannabis-infused products has bolstered the market, the proliferation of products and concern over the use of certain products has prompted the need to revise industry compliance. Setting the Standard for Compliance. For a complete version of the rules, see here.
Many cannabis businesses enter legal disputes without realizing how much time, money, and risk they are taking on. This blog post will not only explain why cannabis companies face so much litigation but also how you can protect your business from becoming another case in an already overburdened legal system.
It means that hemp farmers are going to face a bevy of regulations and compliance issues and protocol on the state, tribal, and federal levels in a way they haven’t had to before even under 2014 Farm Bill pilot programs. The effect of the USDA regulations on hemp-CBD and hemp-derived products.
Fundamentally, the game people are playing with CBD products is revenue upside (objectively large) versus legal exposure (subjectively small). We have been sounding the bell for at least a few years on this blog on that issue in the specific context of CBD. The State Compliance Boondoggle. Don’t make these claims.
As we’ve discussed on the blog previously , the SAFE Banking Act would allow financial institutions to serve state-legal marijuana businesses without fear of federal repercussions. Things are looking better and better for expanded cannabis banking prospects. Here’s hoping Congress heeds the call, and soon.
BLOG BUSINESS BUSINESS CANNABIS CANADA CANNABIS LEGALIZATION CANNABIS NEWS FEATURED MARIJUANA NEWS 264 VIEWS. Canadian Securities Regulators require public companies to carry a board consisting of a majority of independent directors, so the noted halt may have to do with Pasha’s board being out of compliance.
WSDA will apply the measurement of uncertainty (+/- 0.06%) outlined in the USDA’s interim hemp rules to the reported THC concentration to determine if hemp material is in compliance with the 2018 Farm Bill. Certifying that the WSDA has resources to undertake the Plan. The Plan also includes a detailed sampling protocol for testing hemp.
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.
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.
We’re exploring the legal rights of MMJ patients in Missouri, the significance of advocating for their interests, legal protections available, the state’s medical cannabis regulations, the role of MMJ patient advocacy groups, and the success stories that highlight the impact of advocacy efforts.
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