Canna Law Blog

FEBRUARY 7, 2023

Difficult conditions have caused many cannabis businesses to grapple with layoffs, reorganization, litigation, dissolution, and even liquidation. These tough conditions arise from a variety of regulatory and macroeconomic factors, and they affect businesses large and small, along with their stakeholders. See you soon.

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Cannabis Law Report

APRIL 17, 2022

Yesterday, the Cannabis Control Board approved 52 adult-use conditional cultivation licenses , which means the approved businesses can start growing cannabis for the upcoming adult-use market. An adult-use conditional cultivator license is valid for no more than two years, expiring at the latest on June 30, 2024.

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Cannabis Law Report

JUNE 15, 2022

The New York State Office of Cannabis Management hosted a “Get Ready, Get Set,” workshop to provide community members with vital information about the Marijuana Regulation and Taxation Act (MRTA) and the conditional adult use retail dispensary (CAURD) licenses at the Schenectady Public Library on June 8, 2022.

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Burns Levinson (Cannabusiness advisory)

AUGUST 12, 2022

Buried amongst otherwise relatively straightforward guidance regarding rules related to business operations and timing expectations for the conditional license process was new crucial guidance regarding the use of Management Service Agreements (MSAs) by Conditional Licensees.

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Burns Levinson (Cannabusiness advisory)

AUGUST 10, 2022

Buried amongst otherwise relatively straightforward guidance regarding rules related to business operations and timing expectations for the conditional license process was new crucial guidance regarding the use of Management Service Agreements (MSAs) by Conditional Licensees.

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Cannabis Law Report

AUGUST 14, 2021

Hemp Grower reports… Seventeen migrant employees who were hired for temporary work on a hemp farm have sued the employer for a variety of mistreatments, including partially unpaid wages, unsafe housing conditions and verbal abuse. Hansen and his companies are all named as defendants in the lawsuit, which was filed in the U.S.

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Cannabis Law Report

MAY 28, 2021

(CSE: FTRP; FTRP.WT; OTCQX: FTRPF) (“ Field Trip “), a leader in the development and delivery of psychedelic therapies, is pleased to announce that it has received conditional approval to list its common shares and warrants on the Toronto Stock Exchange (TSX). Cautionary Note Regarding Forward-Looking Information. 212-896-1203.

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Cannabis Law Report

JUNE 23, 2022

Here are some key takeaways from the meeting: During the meeting, the Board voted to establish the application and licensing window for the Adult-Use Conditional Processor license. The Adult-Use Conditional Processor license authorizes the license holder to process and distribute their own cannabis products (over 0.3%

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Cannabis Law Report

JULY 21, 2022

On July 14, 2022, the Cannabis Control Board held a meeting, wherein they discussed the regulations and application for Conditional Adult-Use Retail Dispensary Licenses (“CAURD”). The fact that one individual must satisfy the “justice involved” and “qualifying business” requirements will likely disqualify many potential applicants.

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Cannabis Law Report

FEBRUARY 21, 2023

Difficult conditions have caused many cannabis businesses to grapple with layoffs, reorganization, litigation, dissolution, and even liquidation. These tough conditions arise from a variety of regulatory and macroeconomic factors, and they affect businesses large and small, along with their stakeholders.

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Cannabis Law Report

AUGUST 20, 2022

CHICAGO — Governor JB Pritzker and the Illinois Department of Financial and Professional Regulation (IDFPR) today issued three additional Conditional Adult Use Dispensing Organization Licenses to applicants selected in lotteries held in the summer of 2021. Secretary of the Illinois Department of Financial and Professional Regulation.

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Canna Law Blog

MARCH 30, 2022

Increasingly, cannabis businesses, particularly dispensaries, are targets for robbery or other criminal activity. The reason that cannabis businesses are being hit particularly hard is not hard to fathom. Federal law still treats cannabis as a Schedule I narcotic, which means businesses have limited access to banking.

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Medical Marijuana Program Connection

JANUARY 5, 2024

… state’s upcoming medical marijuana program, which would … new regulations for medical marijuana businesses and revealed that … new regulations surrounding medical marijuana. Read More

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Medical Marijuana Program Connection

DECEMBER 14, 2023

NEW YORK–(BUSINESS WIRE)–Curaleaf Holdings, Inc. TSX: CURA / OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer products in cannabis, today announced. Read More

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Canna Law Blog

NOVEMBER 3, 2021

Sometimes, a buyer will “cold call” or drop in to an active business and try to talk up a deal. A purchase agreement will list out each party’s conditions to closing. I wrote about common closing conditions here. If a company has a large unpaid debt, the buyer will condition closing on that debt being paid off.

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Veriheal

SEPTEMBER 23, 2021

While these businesses would benefit from being properly insured just like other businesses in America, they face the hurdle of current federal regulations against cannabis that label it a Schedule I controlled substance with no medical purpose and a high addiction rate. The post Can Cannabis Businesses Be Insured?

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Cannabis Law Report

FEBRUARY 18, 2021

NSW $100,000 – $130,000 a year Network of Medicinal Cannabis Clinics focussed on helping patients with chronic conditions who may… Read More. The post Job Position-Director of Business Development CA Clinics Sydney first appeared on Cannabis Law Report.

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Cannabis Law Report

JUNE 2, 2021

“Each of the six locations has been issued a conditional RSA and work will begin immediately upon closing the Transactions to convert the stores to the Value Buds banner, and to obtain approval to open from the AGCO, just in time to take full advantage of the anticipated summer demand.” million in cash and $1.1

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Cannabis Law Report

MARCH 8, 2023

Originally Published In Buffalo Business First A seismic shift in how we discuss mental health has occurred over the past few years.

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Cannabis Law Report

JANUARY 25, 2022

New York has decided to do away with its list of qualifying conditions for its medical cannabis program reports MJ Biz. The New York Office of Cannabis Management’s announcement on Monday is the latest in a string of revamped marijuana industry rules that have brightened the business landscape for licensees.

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Cannabis Law Report

FEBRUARY 21, 2022

Last week, the New York Senate and Assembly approved Senate Bill S8084A , a bill to provide provisional marijuana cultivator and processor licenses for existing hemp businesses. Conditional Adult-Use Cultivator License. Conditional Adult-Use Processor License.

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Cannabis Life Network

NOVEMBER 5, 2020

The post What is the Condition of the Marijuana Market in Washington DC appeared first on Latest Cannabis News Today - Headlines, Videos & Stocks. Marijuana has a plethora of uses: vaping, smoking, eating, and even drinking. But, isn’t it illegal to possess marijuana in many places around the globe? Why do people consume it […].

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Cannabis Law Report

SEPTEMBER 29, 2022

Australia’s drugs regulator issues 73 infringement notices over claims prescriptions could treat conditions such as cancer and epilepsy. It is also alleged that the unlawful advertising included unapproved references to the treatment of serious diseases or conditions, including in some cases cancer and epilepsy. The Guardian reports.

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Cannabis Law Report

JULY 19, 2022

In order to qualify for a CAURD license, applicants must prove they are justice-involved (meaning they or a direct family member were convicted of a marijuana crime before March 31, 2021) and that they have at least two years experience owning a profitable business, in addition to other numerous requirements.

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Cannabis Life Network

APRIL 24, 2020

.” or the “Company”) announced today its new strategic plan focused on streamlined operations and significant cost reductions in response to the depressed economic conditions in Canada and the U.S. due to COVID-19 pandemic. Following Lift & Co.’s s well-received announcement […]. The post Lift & Co.

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MJ Business Attorneys

JANUARY 23, 2023

Businesses that were operating well enough to remain solvent when cannabis flower was well over $1,000 a pound are struggling to stay afloat, downsizing and laying off staff. And those profitable businesses with a proven track record of proper operations justify a higher price than enterprises operating in the red.

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Cannabis Law Report

AUGUST 9, 2021

I (NASDAQ: MCMJ ) (“Merida”), a special purpose acquisition company sponsored by Merida Capital Holdings, today announced that they have entered into a definitive agreement with respect to a business combination. Merida may also file other documents regarding the proposed business combination with the SEC. About Leafly. show=ffdf47e5.

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Cannabis Law Report

AUGUST 23, 2022

The SB County Board of Supervisors took final action to amend the county ordinance to require all cannabis cultivation facilities to apply for and obtain a Conditional Use Permit (CUP), effective January 31, 2023. Until now, most outdoor grows have been exempted from any kind of odor control. Source: [link].

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Canna Law Blog

JUNE 16, 2022

We have been helping people buy and sell Oregon cannabis businesses since the early days of the adult use market. This is the second of two posts on mistakes we commonly see in Oregon cannabis business sales. That’s just how these businesses are sold,” people sometimes say. Sale structure (asset or stock sale agreement).

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Cannabis Law Report

NOVEMBER 22, 2022

NYS Cannabis Control Board Approves 28 Licenses for Business Owners with a Cannabis Conviction or a Family Member with a Cannabis Conviction, 8 Approved for Nonprofit Organizations Board Also Approved Adult Use Program Regulations that Establish Rules for […]. There are plenty of press releases on the topic.

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Cannabis Law Report

AUGUST 27, 2021

As a result, the Company is expecting the delisting of its Common Shares and Warrants from the TSX to be effective at the close of business on September 10, 2021 , and the listing of its Common Shares and Warrants on the CSE to be effective on September 13, 2021.

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SpeedWeed

AUGUST 4, 2021

It replaces prohibition with a sensible framework for regulation and taxation,” Tom Haren, a spokesman for the Coalition to Regulate Marijuana Like Alcohol, told Cannabis Business Times and Cannabis Dispensary , adding that the proposed law will generate an estimated $400 million in new tax revenue. “It View original article.

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Cannabis Law Report

DECEMBER 9, 2021

AUSTIN, Texas–(BUSINESS WIRE)– Texas Original Compassionate Cultivation (TXOG), Texas’ leading medical cannabis provider, celebrates 4-year-old Carter Halliburton’s success story as he recognizes the benefits of TXOG’s medicine in navigating his rare neurological conditions.

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CannaMD

FEBRUARY 29, 2020

Once thought of as a drug that made individuals sluggish and unmotivated, recent studies are finding that marijuana could be good for businesses. Cannabis legalization also attracts many people to the state – which in turn provides a whole new pool of talent for businesses to hire. MARIJUANA LEGALIZATION IS GOOD FOR BUSINESS.

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Cannabis Law Report

AUGUST 26, 2022

Veggies and cut flowers a more profitable business than weed. Aurora Cannabis is diversifying into the vegetable propagation and ornamental flowers business amid a massive marijuana glut in Canada by acquiring a controlling interest in Bevo Agtech , one of the largest suppliers of flowers and vegetable seedlings in North America.

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WeedAdvisor

JULY 21, 2019

Colombia’s position in the industry generated enormous hype, thanks to the influx of business. Marijuana may be a lucrative opportunity on the surface, but there are several conditions that could put the industry out of reach for some time. Strict Regulations. . Regulations will be difficult to meet and maintain.

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Cannabis Law Report

MARCH 17, 2020

CBD-infused products company Puration (Pura) has acquired CBD confection business Hemp4mula from Kali-Extracts (Kaly), as it looks to expand its portfolio. Kaly, owner of a US-patented cannabis extraction process, is selling its confection line to streamline its focus on its cannabis biopharmaceutical business.

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