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Australia Cannabis Q&A

Canna Law Blog

Australia Cannabis Q&A A. Is cannabis legal for business purposes in Australia? Growing cannabis for personal use remains illegal in most Australian states and territories. Industrial hemp (low-THC cannabis) is regulated under separate licensing frameworks in most Australian jurisdictions.

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Buyer Beware: Five Key Due Diligence Items When Buying a Cannabis Business

Canna Law Blog

Our cannabis business attorneys regularly handle transactions involving the purchase and sale of licensed cannabis businesses. These deals often move fast, with brokers rushing both sides toward closingfrequently without regard for applicable diligence and cannabis regulations. Know the red flags and find them.

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Why Cannabis LLCs Need Operating Agreements

Canna Law Blog

Cannabis businesses are usually structured as limited liability companies (LLCs)and for good reason. Below, we look at a few critical reasons why cannabis LLCs shouldn’t operate without one. Below, we look at a few critical reasons why cannabis LLCs shouldn’t operate without one. But thats a major misstep.

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Licensing Cannabis Trademarks: What You Need to Know

Canna Law Blog

For many cannabis brands, licensing their trademarks can be a savvy business move (for more information on cannabis trademarks generally, check out our webinar, Trademarking Cannabis: Cutting Through the Legal Haze ). Heres what you need to know if youre thinking about licensing your cannabis brand.

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One Signature Could Remove Marijuana From Schedule I Tomorrow

Canna Law Blog

Treaty compliance: the path is legally justified The Single Convention (which refers to “cannabis,” not “marijuana”) requires that cannabis be “controlled” by member states to only medical, scientific, and industrial purposes. All it would take is a press release and a pen. In 2020, the U.N.

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Division of Cannabis Regulation publishes notice for transporters

Illinois News Joint

The Illinois Department of Agriculture and the Division of Cannabis Regulation published a notice to inform all licensed transporting organizations about potential modifications that can be made to transporter operation and security plans. For more Illinois cannabis industry news, subscribe to Illinois News Joint s newsletter here.

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Thailand’s Cannabis Crisis: Could Asia’s Pioneering Cannabis Experiment Go Up in Smoke Amid Political Meltdown?

Canna Law Blog

Three years after Thailand became the first Asian nation to decriminalize cannabis , its groundbreaking policy may collapse under political turmoil. The recent exit of the pro-cannabis Bhumjaithai Party from the ruling coalition, has left prohibitionists in control. This marriage of convenience was doomed from the start.