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Navigating the Legal Landscape in a Distressed Cannabis Industry

MJ Business Attorneys

It’s an especially challenging time for cannabis businesses. Although legal cannabis markets exist at some level in the majority of states in the country today, they fight to survive amidst a web of restrictive and confusing regulations that make it difficult for businesses to operate in the black.

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Addressing Shareholder Disputes in the Cannabis Industry

MJ Business Attorneys

As the legal cannabis industry suffers through a period of distress brought on by global economic woes, along with punitive taxation structures and an oversaturation of products, and plummeting prices, there has naturally been an uptick in internal cannabis business disputes. Cannabis Business Agreements and Structures.

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Oregon Cannabis: How Many Retailers Will Close Due to Gov. Kotek’s New Tax Compliance Missive?

Canna Law Blog

As reported by Sophie Peel of the Willamette Week, on May 16, Governor Kotek issued a directive to the OLCC to make state tax compliance a requirement for the agency to issue or renew cannabis retail licenses. What is the new tax compliance policy? Why is the new tax compliance rule a big deal? No license = close up shop.

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What the Extreme Drop in Wholesale Prices Means for the Cannabis Industry

MJ Business Attorneys

The severe drop in wholesale cannabis prices in many states over the past year can be traced to a few key factors: Regulatory missteps, high taxes for consumers, and competition from still-thriving illicit markets are contributing to the industry’s current woes. What’s the Best Move for a Cannabis Business License Holder?

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UArizona launches online cannabis compliance online course

Cannabis Law Report

Article TUCSON, AZ — The cannabis industry in the United States and here in Arizona is complex and ever-changing. It’s why the University of Arizona just added a new online course on cannabis compliance and risk management – to help people and industry professionals keep up.

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The 6 Essential Compliance Issues Affecting the Cannabis Industry

MaxQ Cannabis

What strategy are you adopting to meet regulatory compliance in the cannabis industry? As a player in the cannabis sector, you could face hefty fines or even closure of business for lack of compliance. Meeting compliance in the cannabis sector is a challenge with each state passing its own laws and regulations.

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Minnesota Cannabis? You Betcha!

Canna Law Blog

Minnesota is poised to legalize adult-use cannabis with the approval of HF 100 by the state legislature. Governor Tim Walz is expected to sign the bill soon (and may in fact have done so by the time this post goes live), making Minnesota the 23rd state (plus DC, Guam, the Marianas, and the Virgin Islands) to legalize recreational cannabis.