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Navigating cGMP For Hemp & Cannabis

Cannabis Law Report

We apply our entirely subjective bong score to each event. Because they are held to consistent standards and must prove compliance with these standards, companies which obtain GMP certifications can often present stronger acquisition targets. Green Light Law Group. About Green Light Law Group. BONG SCORE.

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Are 504 Private Placement Security Offerings Allowed in Cannabis Businesses?

Canna Law Blog

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. How does a Rule 504 exempt offering work?

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Granny Purps v. County of Santa Cruz

Cannabis Law Report

County of Santa Cruz , the Sixth District Court of Appeal green-lit a medical cannabis cultivator’s ability to pursue damages – to the tune of potentially $3.5M – from the County of Santa Cruz when it determined the County cannot rely on zoning ordinance to seize the cultivator’s plants grown in violation of local regulation.

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Green Rose files ‘1,500-Foot Rule’ lawsuit against IDFPR

Illinois News Joint

Green Rose Dispensary representatives Monday sent out a press release stating that GRI Holdings, operating under the Green Rose Dispensary name, filed a lawsuit in the Circuit Court of Cook County to stop another social equity cannabis dispensary from opening in River North at the old Rainforest Café location.

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Illinois gives guidance for Cannabis Loan Funds

Illinois News Joint

This week, DCEO announced sample guidelines for the use of the Cannabis Loan Funds. The guidance states, “Cannabis Loan Funds shall be used for ordinary and necessary expenses to start and operate a cannabis business.” If cannabis loan funds are used to fund a public works project, then the Prevailing Wage Act applies.

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California’s cannabis department awards nearly $100 million in grants to local governments

Cannabis Law Report

California’s cannabis department awards nearly $100 million in grants to local governments. SACRAMENTO, CA – The Department of Cannabis Control (DCC) has awarded nearly $100 million in grant funding through the Local Jurisdiction Assistance Grant Program. New Information Posted Online.

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Cannabis Banking Today

Canna Law Blog

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. Cannabis dispensaries, cultivators, processors and testing facilities all fall under this definition. That’s banking.

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