SpeedWeed

AUGUST 2, 2021

A recent lawsuit filed against the Oklahoma Medical Marijuana Authority (OMMA) claims that the organization did not make its meeting agenda available to the public, which violated a state law known as the Oklahoma Open Meeting Act. According to Durbin, the OMMA violated this law. . View original article.

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Canna Law Blog

NOVEMBER 17, 2023

Today, we’ll look at a few key issues for cannabis businesses that want to offer equity incentives. What federal securities laws apply to equity incentives? Any time equity incentives come into play, cannabis companies must be cognizant of federal securities laws and registration exemption.

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Canna Law Blog

MARCH 13, 2024

Business Opportunities in the Cannabis Industry There are two main categories of cannabis businesses — plant-touching and ancillary. The legal requirements for each type are different, so it’s essential to research the laws around the company you want to start.

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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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Cannabis Law Report

MARCH 12, 2022

A new lawsuit in Georgia seeks a court order declaring that a chemical related to the main intoxicating ingredient in pot is legal under state law. Delta-8 has become extremely popular across the country, and the cannabis industry and state governments have grappled with its rise. Read more at: [link].

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Cannabis Law Report

MARCH 17, 2020

The United States Patent and Trademark Office has maintained its refusal to register trademarks for most cannabis-based products on the ground that use of those products is federally unlawful. But what about state or common law rights in trademarks for cannabis products? Kiva Brands, Inc. USANA Health Scis.,

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The NM Political Report | Medical Cannabis Program

DECEMBER 17, 2021

The new law also limits personal possession to two ounces, but there is no limit on the amount of cannabis stored at a person’s home. The post NM judge rules patient cannabis purchase limits consistent with state law first appeared on New Mexico Political Report. It’s basically show your card.”

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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. 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. Plaintiffs claim damages in excess of $5 million.

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State Laws Law CBD Food 59

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. Thanks to an antiquated law that the IRS is all-too-happy to enforce, taxes on legal marijuana dispensaries are astronomical. But one thing U.S. Section 280E. .

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Cannabis Law Report

MAY 11, 2023

CPA Practice Advisor Under the new state law, the business subject to the corporation business tax will be allowed to deduct from income all ordinary expenses associated with managing a licensed cannabis business New Jersey Governor Phil Murphy has signed a bill into law that makes it possible for New Jersey cannabis businesses to deduct some expenses (..)

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Business State Laws Cannabis Law 52

Veriheal

DECEMBER 7, 2022

Operating cannabis-based businesses in The Golden State is no easy feat for retailers. Based on federal law, anyone who cultivates, sells, consumes, possesses, distributes, or transports the plant will face criminal prosecution in federal court. ” Cannabis Companies Require State and Local Licenses.

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Business Banking Advocacy Cannabis 84

Cannabis Law Report

AUGUST 23, 2021

Ohio Attorney General Dave Yost approved revised language for a law proposed by a group called the Coalition to Regulate Marijuana Like Alcohol. The law, called “An Act to Control and Regulate Adult Use Cannabis,” would allow adults age 21 and older to buy, possess, grow and use marijuana.

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Cannabis Law Report

FEBRUARY 1, 2022

We have written many times over the past few years about how the bankruptcy courts are off-limits to state-legalized cannabis businesses. However, the CSA contains an exemption, whereby section 863 does not apply to any person authorized by state law to manufacture, possess or distribute drug paraphernalia.

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Law State Laws Business Cannabis 95

Cannabis Law Report

JANUARY 19, 2022

The Institute for Justice argues that the seizures violated state law, federal law, and the U.S. It includes cops who use federal civil forfeiture laws to steal money earned by state-legal marijuana businesses. Constitution. Reports Reason. Here’s the introduction to the must-read Reason story.

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Cannabis Chronicles

JUNE 27, 2019

A month later, it held another work session on changes to the county’s land-use and planning code that would make way for legal cannabis and specify where pot businesses can be located. They also reflect updates to state law, such as eliminating “collective gardens,” which were previously used for medical marijuana.

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Cannabis Law Report

AUGUST 3, 2021

The NYSBA actually issued 3 separate determinations, each of which is incorporated into the New York Rules of Professional Rules of Conduct for attorneys: First, attorneys may now ethically provide legal services to assist clients in compliance with New York’s recreational marijuana law (the Marijuana Regulation and Taxation Act).

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Cannabis Law Report

MARCH 21, 2023

By Whitt Steineker & Mason Kruse on March 21, 2023 There may be no area of the law where it is more important to have legal counsel than in the United States cannabis industry.

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Cannabis Law Report

APRIL 17, 2023

. – Today, Congressman Earl Blumenauer, founder and co-chair of the Congressional Cannabis Caucus, introduced the Small Business Tax Equity Act which creates an exception to Internal Revenue Code Section 280E to allow marijuana businesses operating in compliance with state law to take deductions associated with the sale of marijuana like any […] (..)

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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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Business Banking Compliance Compliance 73

NORML

SEPTEMBER 20, 2019

Majority Leader Hoyer on Friday announced that members of the House are anticipated to hold a floor vote next week on The SAFE Banking Act (HR1595), which explicitly permits banks and other financial institutions to work directly with state-legal marijuana businesses.

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The Blunt Truth

DECEMBER 22, 2022

Nevada, like most states, has legalized cannabis for medicinal use. Although permitted under state law, a Nevada employee may still face discipline under a company’s drug policy. As a matter of first impression, the Nevada Supreme Court recently decided that employees may sue employers who violate that law.

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Dykema (Cannabis Law Blog)

APRIL 20, 2023

These legal guidelines/laws related to cannabis continue to be enacted, repealed, and debated in the Texas Legislature today, evidencing strong public sentiment for more accepted, legally permissible uses of cannabis and cannabis products. [ii] iv] Texas State Law Library – Cannabis and the Law – [link]. [v] viii] Id.

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Canna Law Blog

JULY 27, 2023

Today, I want to change gears and talk about some of the strategies we’ve seen work for distressed cannabis businesses in the past. What I’m about to talk about might not work for every cannabis business and certainly not for every problem they face. Yes, some of these strategies may seem obvious at first.

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The Blunt Truth

JANUARY 5, 2022

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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Cannabis Law Report

APRIL 20, 2022

PITTSBURGH, PA – April 20, 2022 – Leech Tishman and the University of Pittsburgh School of Law (“Pitt Law”) are pleased to announce that Leech Tishman partner Michael H. Sampson , who co-leads the law firm’s Cannabis Industry Group , has been selected to teach Pitt Law’s inaugural “ Cannabis in the Law ” course this fall.

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Cannabis Law Report

JUNE 6, 2023

Jeffrey Schultz has joined Foley Hoag LLP as a partner in its Business Department and Cannabis Industry practice, where he will focus on corporate and securities law matters, early company financings, and state-law cannabis regulatory matters. He is resident in the firm’s New York office.

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State Laws Law Cannabis Business 98

Cannabis Law Report

JUNE 3, 2022

Due to the cannabis industry making its way to New York State, Binghamton Mayor Jared Kraham said he wants to utilize the city for the opportunity of new jobs and investments in the area in a responsible way. 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

Cannabis Law Report

JUNE 11, 2021

In turn, here are the top 6 questions we’ve been getting lately around ketamine clinics: Isn’t the regulation of ketamine clinics just like adult-use/medicinal cannabis businesses? In fact, the two are treated wildly differently by federal and state governments. This answer depends on state law. No, it’s not.

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Canna Law Blog

DECEMBER 19, 2019

Given this significant growth forecast, sensitive business information (also known as trade secrets) has become an incredibly valuable asset for Hemp-CBD stakeholders. Realizing value from those trade secrets requires sharing them with business partners and employees. Under Oregon law, a trade secret is defined as.

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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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Business Marijuana State Laws Law 64

Cannabis Law Report

SEPTEMBER 16, 2022

Although several Southern states have enacted medical cannabis programs, no states have embraced recreational use of cannabis. This article reviews cannabis laws in effect in Southern states, cannabis laws that will go into effect in the future, and examines states that haven’t passed legislation legalizing cannabis.

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Marijuana Lawyer Blog

SEPTEMBER 8, 2021

The majority opinion held that there as nothing in the ballot materials for the law that indicated voters had considered or were even aware of how this might impact possession of the drug in prison. The court stated, “it seems implausible that the voters intended to essentially decriminalize marijuana in prison.”

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SpeedWeed

AUGUST 21, 2021

The measure, Proposition 207, called on the state to “promote the ownership and operation of marijuana establishments and marijuana testing facilities by individuals from communities disproportionately impacted by the enforcement of previous marijuana laws.”.

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Business Programs State Laws Dispensary 52

Canna Law Blog

DECEMBER 17, 2019

It’s no secret many cannabis businesses can’t get bank accounts or loans or lines of credit from financial institutions because of the Bank Secrecy Act and federal anti-money laundering laws — despite current FinCEN guidance. The concept of starting a cannabis business on a shoestring budget has never really existed.

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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.

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SpeedWeed

MARCH 5, 2021

The company said the partnership will use Waitr’s proprietary delivery technology along with Flow’s payment processing capabilities to create a platform that abides by federal and state laws. Major markets for legal marijuana, such as Seattle and Denver, still have a ban on deliveries, despite the coronavirus pandemic.

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Business Marijuana Food State Laws 52

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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