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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.
A decades-long champion of cannabis reform, this marks the first time that Blumenauer has staked out the specific bill number 420. Our federal marijuana laws are outdated, out of touch and have negatively impacted countless lives.”. In the 115th Congress, the bill had 26 cosponsors – compared to 19 cosponsors in the 114th.
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.
Since COVID-19 rocked the economy, cannabis businesses and supply chains claim to have been playing catch-up to get back to business as usual. However, the question remainsjust how bad has inflation been affecting cannabis prices, cannabis business closures, and jobs in the cannabis sector?
Today, Senator Ron Wyden and Congressman Earl Blumenauer introduced legislation to allow for interstate commerce when it comes to state-legal cannabis programs. “Just as Americans around the country enjoy Kentucky bourbon, so should they be allowed to enjoy Oregon cannabis.” and tribal communities. .
Licensed cannabis retailers in Colorado and Washington are highly compliant with statelaws refusing the sale of products to minors, according to data published in the Journal of Studies on Alcohol and Drugs. … There are several explanations for this high compliance. .” states,” is online here.
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.
This role is responsible for ensuring cannabis cultivation/manufacturing facility operations remain compliant under statelaw. Qualified individuals will demonstrate several years’ experience as a compliance … Read More.
This role is responsible for ensuring cannabis cultivation/manufacturing facility operations remain compliant under statelaw. Qualified individuals will demonstrate several years’ experience as a compliance … Read More.
Choosing the Right Business Entity in the Cannabis Industry One of the most fundamental questions facing any entrepreneur – whether in the cannabis industry or elsewhere – is: What type of business entity should I choose? Some industries are relatively low-risk (spoiler: cannabis is not one of them).
Also this week, the House Committee on Small Business held a hearing to discuss the economic and employment opportunities in the emerging legal cannabis industry and the challenges that federal prohibition and criminalization pose in regards to the Small Business Administration. The bill now heads to the Governor. California. CA resident?
Therefore, federal employees can be denied employment or terminated due to testing positive for marijuana metabolites, even if their use is in compliance with statelaw. “For our veterans’, cannabis has been shown to address chronic pain and PTSD, often replacing addictive and harmful opioids.
Attorney/Compliance Specialist. to $60K per year is Indeed’s estimated salary for compliance officer at Bloom Medicinals in Boca Raton, FL. Attorney/Compliance Specialist. Attorney/Compliance Specialist. Bloom Medicinals is one of the country’s largest family-owned cannabis companies. Bloom Medicinals.
This role is responsible for ensuring cannabis cultivation/manufacturing facility operations remain compliant under statelaw. Qualified individuals will demonstrate several years’ experience as a compliance … Read More.
Given the current COVID-19 pandemic, the NORML team is working remotely in compliance with CDC guidelines. However, the work of reforming our nation’s failed marijuana laws is not suspended therefore we’re still updating you policy efforts across the country. AK resident? California. CA resident? MD resident? Mississippi.
The US Drug Enforcement Administration (DEA) has once again pledged to take action to better facilitate clinical cannabis research. In 2016, the DEA similarly announced the adoption of new rules to expand to supply of research-grade cannabis, but failed to take any further action.
This Act amends the Controlled Substances Act to reduce the number of instances in which federal law enforcement agencies could carry out legal actions against state-licensed cannabis businesses or other related enterprises. Governor Michelle Lujan Grisham (D) of New Mexico signed cannabis decriminalization legislation into law.
Delaware prosecutors will no longer be encouraged to pursue criminal charges against those who possess marijuana for personal use, according to guidelines issued by the state’s new Attorney General. Click here to email your Representative and urge them to support this important legislation. AZ resident? CA resident? Connecticut.
HR 420 (yes, you read that right): The Regulate Marijuana Like Alcohol Act would deschedule cannabis from the Controlled Substances Act, thus permitting state governments to regulate these activities as they see fit. Also, the rollout of the new leadership team of the Congressional Cannabis Caucus was announced. Priority Alerts.
1 deadline to train managers and employees under a new compliance and safety program that is the first of its kind in the nation. The state’s Responsible Vendor Training Program is designed to support licensee compliance and enhance the safety of customers and employees. Seed-to-sale tracking compliance. More Information.
Representative Lou Correa (D-CA) this week introduced HR 493: The Sensible Enforcement Of Cannabis Act, which would codify the protections that were outlined in the now-rescinded Cole Memo. House lawmakers introduced The Medical Cannabis Research Act of 2019 (HR 601), to facilitate federally-approved clinical trials involving cannabis.
At the state level, Governor Doug Burgum of North Dakota signed a package of bills into law to expand the state’s medical cannabis access program. Nassau County, New York voted to prohibit retail cannabis sales in the county once it becomes legal in New York state. Actions to Take. AL resident?
Governor Jim Justice (R) of West Virginia signed legislation into law that allows financial institutions to provide banking services related to the state’s medical marijuana program. Late last week, the North Dakota State Senate overwhelmingly passed a measure to expand the state’s medical marijuana program.
Members of the Massachusetts Cannabis Control Commission have decided to advance plans to regulate social marijuana use facilities. Governor Jared Polis (D) of Colorado signed legislation into law that allows physicians to recommend medical cannabis for any condition for which an opiate would otherwise be prescribed. California.
Through the Marijuana Regulation and Taxation Act recently signed by Governor Andrew Cuomo, New York legalized recreational cannabis use by adults over the age of 21. Learn more about our Cannabis Practice by clicking here. For more information, please contact the Chair of our Cannabis Practice, Steve Malito at SAM@dhclegal.com.
Legislation is pending, AB 286, to temporarily reduce tax rates imposed on the retail sale and commercial cultivation of cannabis. AB 1465 (Bloom) would allow licensing of cannabis consumption cafés and lounges in California. Click here to email your lawmakers in support of cannabis delivery services. Actions to Take.
Under the supervision of the Executive Director of the Georgia Access to Medical Cannabis Commission. This position will serve as a lead regulatory compliance manager for applications, complaints, and enforcement for all Commission matters. Advise appropriate leadership of problems and/or trends within the cannabis industry in Georgia.
The California State Bar Ethics Committee recently adopted Opinion No. 2020-202, which concludes that attorneys may ethically advise clients regarding compliance with California’s cannabislaws and assist them with conduct permitted under statelaw, despite the fact that the client’s conduct may be prohibited under federal law.
This role is responsible for ensuring cannabis cultivation/manufacturing facility operations remain compliant under statelaw. Qualified individuals will demonstrate several years’ experience as a compliance … Read More.
To: Cannabis Retail Licensees. Recently Thurston County Superior Court Judge Indu Thomas affirmed that a Washington State retail cannabis licensee violated statelaw by offering delivery service for cannabis. Fr: Chandra Brady, Education and Enforcement Director.
1647, the Veterans Equal Access Act, which expands medical cannabis access to eligible military veterans. At the state level, activists in Idaho have begun efforts to qualify a medical cannabis and hemp ballot initiative for the 2020 ballot. Alaska became the first state to permit on-site adult use cannabis consumption, as Lt.
Governor Jay Inslee (D) of Washington signed legislation into law allowing medical cannabis to be accessed by patients on school grounds, and separate legislation allowing the production of industrial hemp in accordance with new federal hemp regulations. Click here to email your governor in support of cannabis delivery services.
New laws and bills are constantly being passed that create a great deal of confusion in the cannabis world. Is CBD legal in all 50 states? In this article I’m going to update you on the legal status of CBD , and only CBD, in the United States. Surely, you’ve heard of the world-famous cannabis plant. What is CBD?
Medical cannabis sales kicked off in Arkansas last Friday as the first dispensary opened its doors. Governor Jay Inslee (D) of Washington signed legislation into law to allow individuals with prior low-level cannabis convictions to apply to the sentencing court to have their record vacated. CA resident? CA resident?
In Part 1 of this two-part series, we addressed the high-level concerns that a new investor should consider in making an investment in a state legal cannabis company. In this follow up, we address some of the more nuanced issues that investors should consider before deciding to invest in a specific cannabis company.
As our firm’s prior information memos on cannabis have shown 1 , the legalization of marijuana for recreational or medical use in states still poses legal issues in higher education due to marijuana’s illegality under federal law. This memo highlights those issues for higher education lawyers who advise medical facilities.
It’s no secret that California’s illicit cannabis market is alive and well; a recent audit showed that there are nearly 3,000 unlawful cannabis businesses in the Golden State. The penalties that the state can seek are no joke. Anyone can do this math.
This comes as respondents to Ogletree Deakins’ recent survey report, Strategies and Benchmarks for the Workplace: Ogletree’s Survey of Key Decision-Makers , indicated that keeping up with marijuana laws is already one of the most challenging areas of multi-jurisdictional compliance for employers. That is beginning to change.
There are many ways to set up a cannabis business, and we like to think that we’ve seen them all. How 50/50 partnerships form In cannabis, it’s common for someone with zero cannabis experience but lots of money to link up with someone with tons of experience and no money. And it happens ALL the time in cannabis.
The commission tasked with developing recommendations to improve mental health treatment for veterans concluded: Congress and the executive branch need to promote research into the therapeutic potential of cannabis and psychedelics such as psilocybin mushrooms and MDMA. The Commission Focused on Veteran Well-being. Veterans across the U.S.
Despite progress over the past decade, the cannabis industry still struggles to access a fundamental piece of the U.S. Congress should either legalize cannabis or stop deputizing banks as drug enforcement investigators. To be clear, the existing policy does not ban financial services for the cannabis industry.
There are five important “categories,” that require company leaders’ utmost focus and attention as they launch a compliant cannabis business in a newly legal state. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. One commonality among all states is cost.
Senator Ron Wyden introduced legislation in the Senate — The Marijuana Revenue and Regulation Act — to permit states to establish their own marijuana regulatory policies free from federal interference. House Financial Services Committee is scheduled to hold a hearing on cannabis business banking issues next week.
The Oregon Psilocybin Services – Training program, Licensing, and Compliance system is a now LIVE! Dear Partners, The Oregon Psilocybin Services (OPS) – Training program, Licensing, and Compliance (TLC) system is now LIVE! Under statelaw, career schools must be licensed by the HECC (see ORS 345.010 to 345.450).
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