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Buyer Beware: Five Key Due Diligence Items When Buying a Cannabis Business

Canna Law Blog

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.

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Tennessee Expands (Minimally) Medical Marijuana Law and Establishes Cannabis Commission

Cannabis Law Report

Tennessee recently enacted a minimal expansion of its medical marijuana law. The law took effect May 27, 2021, and it slightly enlarges the medical conditions for which persons may possess a very limited amount of tetrahydrocannabinol (THC). However, as a matter of federal law, products containing less than 0.3%

Law 105
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Why Cannabis LLCs Need Operating Agreements

Canna Law Blog

LLC law contains subtle legal nuancesparticularly in the highly regulated cannabis industrythat require professional insight to navigate properly. In some states operating agreements are required by law. What happens when a cannabis LLC doesnt have an operating agreement? Ownership and management confusion is common.

Banking 83
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Class actions against CBD companies proliferate under federal and state law

Cannabis Law Report

Consumer products law blog. Class actions against CBD companies proliferate under federal and state law. And, just last week, a California defendant in a CBD class action filed a motion to dismiss on the grounds that the plaintiffs’ claims are preempted by federal law.

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Two New State Laws Could Disrupt the Vapor Industry

Cannabis Law Report

On January 1, 2022, two new state laws will become effective in Illinois and Oregon and could cause significant disruption to the vapor industry. We provide background on the legislation and discuss the potential implications for the sales of vapor products in the respective states. Blog: The Continuum of Risk.

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Understanding Medical Marijuana Laws in the United States

MMJ Recs

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.

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Marijuana Laws Impacting Employers Spread Like a Weed in 2021: A Year in Review

The Blunt Truth

Every year, employers find themselves revisiting their marijuana and drug testing policies to account for newly enacted laws at the state and local level. There are numerous positions and industries exempt from the law. Now is no different. Below are some highlights of what happened in 2021. Connecticut. New Mexico. New Jersey.

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