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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.

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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. Class actions against CBD companies proliferate under federal and state 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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Why Cannabis LLCs Need Operating Agreements

Canna Law Blog

In states where operating agreements are optional, companies without them are governed by default state law , which may not reflect the members intent, is often much more rigid, and may lead to uncertainty in situations not exactly addressed by state law. Ownership and management confusion is common.

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H.R. 420: Proposed Federal Legislation to End Marijuana Prohibition

Canna Law Blog

It still makes clear that bringing cannabis into a jurisdiction would be unlawful where it would violate the laws of that jurisdiction. It’s not yet totally clear how this would play out for permit holders in states with current regimes, i.e., whether they would have to get federal permits and/or what criteria they’d be held to.

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Rod Discusses Legal Challenges Facing Hemp and CBD with The CBD Guide (Podcast)

Cannabis Law Report

The FDA’s role in the cannabis legal landscape, and how the lack of leadership and regulation has led to complex state-by-state laws CBD companies must navigate. The lawful questions surrounding the incorporation of CBD into foods, beverages, and supplements, and the legal boundaries regarding health claims on Hemp products.

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Manzuri Law Blog Post: The Cannabis Advisory Committee: Going from Puppeteering to Action

Cannabis Law Report

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.

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