Canna Law Blog

MARCH 20, 2023

We’ve written regularly about the plight of cannabis businesses not being able to secure traditional lending (and other financial services) from major, federally regulated institutions. Despite adoption by a growing number of states, marijuana is (still) federally illegal. Why aren’t banks more involved?

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Cannabis Law Report

AUGUST 3, 2021

In the continuing trend of normalizing the cannabis industry for practical reasons, the New York State Bar Association’s (NYSBA) Committee on Professional Ethics issued Opinion 1225 (the Opinion). In short, the NYSBA now expressly permits lawyers to represent clients in New York’s recreational cannabis industry.

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MMJ Recs

OCTOBER 26, 2023

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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Law Marijuana Programs Dispensary 98

NORML

JANUARY 14, 2019

Representative Lou Correa (D-CA) has introduced HR 493 : The Sensible Enforcement Of Cannabis Act, which would codify the protections that were outlined in the now-rescinded Cole Memo. Tax revenues from states like Colorado, Oregon, and Washington now exceed initial projections. Send a message in support of HR 493 now!

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Canna Law Blog

FEBRUARY 2, 2024

Two of our international cannabis lawyers, Vince Sliwoski (business) and Adams Lee (international trade), recently joined the Simply Trade podcast for a lively discussion on the international cannabis trade. For more on the international cannabis trade, check out the following posts: Can I Import Marijuana Seeds to the U.S.?

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SpeedWeed

MARCH 8, 2021

With the stroke of a pen by a Superior Court judge in California, nearly 26,000 people with felony marijuana convictions on their records had them reduced to less onerous misdemeanor convictions last month. In addition, some 1,000 people with misdemeanor marijuana convictions had those cases completely dismissed. View original article.

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Cannabis Law Report

MARCH 17, 2020

As cannabis products become legal in more and more states, commercial interest grows in protecting the trademarks associated with those products. But what about state or common law rights in trademarks for cannabis products? Kiva Brands”) is a leading provider of cannabis-infused chocolates and confections.

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Cannabis Law Report

JULY 23, 2020

Maine’s Bangor Daily News reports… Federal and state law enforcement were gathered in large numbers at two Farmington marijuana businesses and other locations in the … Read More.

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Cannabis Law Report

JUNE 3, 2022

Last year, recreational cannabis for ages 21 and older was legalized in New York State through the Marijuana Regulation and Taxation Act. On Thursday morning, a zoning map draft for future cannabis businesses in Binghamton was released.

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Business State Laws Recreational Cannabis 52

MassRoots

AUGUST 3, 2020

New laws expanding the medical marijuana program in Louisiana went into effect on August 1. The state’s medical marijuana program has been criticized for being too limited and too restrictive since the program was established in 2016, but the three laws that went into effect on Saturday aim to improve the situation.

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WeedAdvisor

JULY 15, 2019

Owning a business is never easy. businesses enjoy is the ability to deduct certain expenses, providing a notable tax break once the IRS comes to collect its due. Unfortunately – according to the Los Angeles Times – this is not the case for cannabis retailers. On paper, the IRS opposes legal marijuana enterprises.

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Medical Marijuana Program Connection

FEBRUARY 27, 2024

KELO) — Businesses that grow, test and sell medical cannabis in South Dakota could soon lose some legal protections that voters put into state law three years ago. State legislators are considering whether to allow law enforcement to inspect, search, seize. This story will be updated later today.

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Canna Law Blog

JANUARY 19, 2024

Cannabis regulation efforts are usually sold to voters or legislators with the express promise that a state will be able to milk the new industry for all it’s got through cannabis taxes. The Adult Use of Marijuana Act will tax both the growth and sale of marijuana to generate hundreds of millions of dollars annually.

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Cannabis Law Report

SEPTEMBER 12, 2022

This was not easy for me, as an attorney trained in scouring insurance policies and then litigating them for over a decade, so I cannot imagine how daunting this process is for a small business owner. . When an insured sues an insurer for refusing to pay a claim, it is referred to as a “first party” or in some states, a “bad faith” lawsuit.

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SpeedWeed

AUGUST 21, 2021

For some prospective marijuana dispensary owners in Arizona, class is now in session. It is a provision included in the ballot measure that voters in the state last year legalized recreational pot use for adults. Social equity class, that is. .

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NORML

JUNE 27, 2019

Today, Senator Ron Wyden and Congressman Earl Blumenauer introduced legislation to allow for interstate commerce when it comes to state-legal cannabis programs. “Just as Americans around the country enjoy Kentucky bourbon, so should they be allowed to enjoy Oregon cannabis.” and tribal communities.

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MJ Business Attorneys

SEPTEMBER 6, 2018

Fighting Investment Fraud in the Marijuana Business Industry. with defrauding investors about returns in cannabis businesses after Greenview used misleading marketing materials to raise over $3 million from investors. The Ongoing Battle of Marijuana Investment Fraud.

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SpeedWeed

MARCH 11, 2021

A bill in the Iowa Senate that would loosen Iowa’s marijuana penalties has bipartisan support from lawmakers. SF 533 would lower the legal penalty for first time offenders possessing less than five grams of marijuana in Iowa to a simple misdemeanor, translating to a maximum sentence of 30 days in prison and a fine between $105 – $855.

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SpeedWeed

MARCH 13, 2021

Medical marijuana providers and patients gathered outside the Augusta Civic Center on Wednesday to protest a series of proposed rule changes that one provider called “obscene and cost-prohibitive.”. The Office of Marijuana Policy is looking to try to put most medical caregivers in jeopardy,” said Mark Luce, owner of Bud Green Care in Newport.

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NORML

MARCH 7, 2019

Our archaic and outdated marijuana laws are turning everyday Americans into criminals. Every day, the economic and social impacts of marijuana prohibition are having devastating effects on communities across the country. Millions of people have been arrested for the possession or use of marijuana. SEND A MESSAGE NOW.

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SpeedWeed

MARCH 5, 2021

California’s attorney general argued in a recent court filing that none of the state’s cannabis businesses operating on provisional licenses are entitled to due process under state law. The state has so far awarded only 1,670 annual licenses. John Schroyer. “Any John Schroyer. View original article.

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Cannabis Law Report

MAY 4, 2023

The Oklahoma Medical Marijuana Authority (OMMA) is committed to promoting public health and safety through proper medical cannabis practices by patients and businesses. Marijuana is only legal within the framework set by state law and regulations.

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Cannabis Law Report

SEPTEMBER 17, 2022

Despite the growing public acceptance of marijuana and the fact that a majority of states have legalized marijuana for medicinal purposes (37 states and the District of Columbia have enacted medical marijuana legislation), federal law still treats marijuana cultivation and sale as a criminal offense.

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Dykema (Cannabis Law Blog)

FEBRUARY 22, 2022

The Michigan Regulation and Taxation of Marihuana Act (“MRTMA”) does not address how Michigan’s Native American tribes participate in Michigan’s adult-use marijuana industry. HB 5706 creates a pathway for state-licensed and tribally licensed establishments to purchase from and sell to one another.

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NewsMunchies

JULY 1, 2021

Supreme Court Justice Clarence Thomas recently said that the federal ban on the cultivation and use of marijuana within states “may no longer be necessary or proper” and that inconsistent enforcement led to “traps” for marijuana businesses. Justice Thomas doesn’t want marijuana to be legalized. federal law.

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Cannabis Law Report

FEBRUARY 14, 2020

Consumer products law blog. Class actions against CBD companies proliferate under federal and state law. These jurisdictions are among the few that have legalized Marijuana -sourced CBD for both medical and recreational uses, with the exception that Marijuana-sourced CBD remains illegal in Florida for recreational uses.

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Cannabis Law Report

AUGUST 18, 2022

A Nebraska attorney can invest in a medical marijuana business in South Dakota because the investment wouldn’t violate state law or ethical rules, a Nebraska ethics committee said in a recent advisory opinion. Marijuana is legal for recreational purposes in 18 states.

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MassRoots

FEBRUARY 11, 2019

Legislation to end the federal prohibition of cannabis has been submitted in the U.S. The American people have elected the most pro-cannabis Congress in American history and significant pieces of legislation are being introduced,” said Blumenauer. “I 420, my bill to legalize and responsibly regulate and tax marijuana.

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Canna Law Blog

DECEMBER 17, 2019

As a corporate and transactional attorney focused mostly on cannabis, I see my fair share of financing documents and transactions involving cannabis operators. The concept of starting a cannabis business on a shoestring budget has never really existed.

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Canna Law Blog

NOVEMBER 16, 2023

We are helping build out another cannabis banking program here in Oregon. My law firm has done a series of these for credit unions (“CU”s) and other financial institutions (“FIs”) going back to 2014. Here is my shorthand: “ Direct Marijuana Business.” Here is my shorthand: “ Direct Marijuana Business.”

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Cannabis Law Report

JANUARY 5, 2022

StandardC, a leader in cannabis & marijuana banking and financial services, announced today that its lending partner had closed the first $5 million loan from their newly established $200M fund for a leading marijuana cultivator using the StandardC platform. Learn more at www.standardc.io and www.bankingcannabis.org.

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Canna Law Blog

MAY 3, 2019

In exactly two weeks, on May 17, 2019, our own Vince Sliwoski will co-chair an all-day continuing legal education (CLE) event in Portland called The Business of Marijuana in Oregon , along with Danica Hibpshman, Director of Statewide Licensing at the Oregon Liquor Control Commission (OLCC).

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Cannabis Law Report

AUGUST 23, 2021

The Colombus Dispatch writes… An effort to legalize marijuana in Ohio cleared its first hurdle Friday. Ohio Attorney General Dave Yost approved revised language for a law proposed by a group called the Coalition to Regulate Marijuana Like Alcohol. The proposal would change state law but not the state constitution.

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Canna Law Blog

MAY 31, 2019

Whether you are a landlord, tenant, or subtenant in the cannabis industry, you need a first-rate cannabis lease. The structure of the leasing relationship and the terms of the lease are key components, both for getting funds out of the primary business and mitigating your risks, of which there can be many.

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Weedistry

NOVEMBER 5, 2018

The House’s recent filing seeks to defend lawmakers’ interpretation of the constitutional amendment that paved the way for Florida’s nascent medical marijuana market. The issue at hand: Florigrown, a Tampa-based cannabis business, insists that the bill passed by Florida legislators contradicts the language approved by voters in 2016.

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NORML

FEBRUARY 27, 2019

As the tentacles of the federal policy of cannabis prohibition run deep into nearly every sector of American public policy, a new voice emerged to call for clarity regarding state-legal cannabis marketplaces: Federal Reserve Chair Jerome Powell.

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Canna Law Blog

MAY 22, 2020

Cannabis isn’t federally legal. Companies who operate in the cannabis space really only have the protection of the state’s laws in which they operate. Even full compliance with state laws is no shield to federal penalties or enforcement. Helix”) provides security services to cannabis businesses.

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