Canna Law Blog

JANUARY 24, 2022

one suite in a multi-tenant building present different concerns, which I discuss more below. They are just happy to collect rent and make sure that the tenant complies with state law. For more on cannabis leasing, please stay tuned to the Canna Law Blog. For example, leases for a building v.

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Cannabis Law Report

MARCH 20, 2020

The Chicago Daily Law Bulletin Reports: SPRINGFIELD — Smelling and seeing cannabis justified probable cause for a police officer in central Illinois to search a man’s car, despite cannabis’ decriminalization and legalization for medical purposes at the time, a unanimous Illinois Supreme Court majority ruled Thursday.

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Dykema (Cannabis Law Blog)

NOVEMBER 16, 2022

For some, these market forces may present a financial or existential crisis. As just one example, once a debtor files for bankruptcy, an automatic stay on actions prevents creditors from collecting against a debtor until the bankruptcy case is resolved or the Court allows the stay to be lifted. Assignment for the Benefit of Creditors.

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Cannabis Law Report

JULY 16, 2019

UNITED STATES TAX COURT PATIENTS MUTUAL ASSISTANCE COLLECTIVE CORPORATION d.b.a. It’s fueling the underground market for weed and reducing the tax revenues the federal government should collect. The Morning After: Remaining Methods for Determining Cost of Goods Sold Following Harborside. Harborside Beats Penalties.

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Cannabis Law Report

APRIL 24, 2019

CPA’s “ PUBLISHER: CANNABIS LAW REPORT. Let’s begin with the following: STATES Act Becomes Law. The STATES Act passes in Congress, the President signs it and it becomes law which means that in the states where cannabis is legal : Banking system becomes available to cannabis businesses.

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Cannabis Law Report

DECEMBER 1, 2019

Despite legalization in the majority of states, however, federal law (i.e., This conflict between federal and state law has raised concerns among CPAs providing services to the marijuana industry. Barr also noted that Congress needs to make a decision as to whether federal law should be changed or followed.

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Cannabis Law Report

JULY 14, 2022

“As crazy as it sounds, I’d like to think that that (the availability of dispensaries) has helped to mitigate the need for people to want to try and erect a weed house or weed grow because they don’t have to do that,” Ford said while noting black market sales, though, are still present.

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Marijuana Lawyer Blog

JANUARY 30, 2019

Those fears were confirmed when Sessions formally rolled back the Cole Memo, a federal directive under the Obama administration not to pursue criminal actions or civil forfeiture against marijuana businesses that were abiding state law. Sessions even declared at one point that people who use marijuana were “not good people.”

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Project CBD

AUGUST 23, 2023

percent THC limit applies to the plant biomass and the final product, resulting in THC levels in consumer products labeled as “hemp” that substantially exceed THC limits set in state-regulated cannabis markets. This is especially troubling in the edible market, where other non-hemp ingredients are present.

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Cannabis Law Report

APRIL 5, 2019

This has had a significant impact on marijuana businesses operating in compliance with Maine law across the state. . As emergency legislation, the law would immediately go into effect (rather than becoming effective 90 days after adjournment) and will require approval by 2/3 of the State Legislature. . District Court.

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Canna Law Blog

MAY 7, 2019

An agricultural production contract is a complex creature typically governed by state law including the Uniform Commercial Code. Legislators in several states have proposed, and in some cases enacted, laws concerning the terms of agricultural production contracts.

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Marijuana Lawyer Blog

JANUARY 12, 2019

Department of Justice, challenging the constitutionality of the federal law designating marijuana a Schedule I controlled substance proceeded recently to the next level with oral arguments before the U.S. The Los Angeles CANNABIS LAW Group represents growers, dispensaries, collectives, patients and those facing marijuana charges.

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Cannabis Law Report

FEBRUARY 19, 2020

While the court declined to dismiss the action in its entirety (citing relevant state law that may still be considered on the merits), the court’s decision to stay—or postpone—the case under the primary jurisdiction doctrine, determined that FDA, and not the courts, should regulate CBD products, including what constitutes proper labeling.

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Cannabis Law Report

JULY 18, 2019

CPA’s “ PUBLISHER: CANNABIS LAW REPORT. MAUCRSA established a state-wide regulatory system for cannabis. An effective two-tier regulatory system required guidance and assistance at the state-level for uniform state-wide cannabis regulation with complete deference to local requirements.

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Cannabis Law Report

NOVEMBER 29, 2021

The directors and officers and certain shareholders of Urbn Leaf, collectively holding approximately 69% of Series A shares and 96% of common shares, have entered into voting and support agreements to vote in favour of the Urbn Leaf Transaction. The Urbn Leaf Transaction has been unanimously approved by the board of directors of Urbn Leaf.

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Cannabis Law Report

OCTOBER 13, 2019

Personal Information” means any non-public information collected by a Cannabis Establishment that directly identifies an individual, including their name, address, email, phone number, payment card number, social security number or other identifying number or code. Standard 5.03. Cash Management. Standard 5.04. Contaminant Testing and Claims.

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Cannabis Law Report

AUGUST 30, 2019

The National Institute on Drug Abuse published a grant notice to encourage research on the effects of changing US cannabis laws and policies on public health. The Department is opposing the bill on grounds that it will create significant problems by bringing the state into conflict with federal laws designed to prevent money laundering.

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Cannabis Law Report

MARCH 19, 2020

FDA’s announcement comes on the heels of an active 2019, during which both FDA and the FTC issued warning letters to marketers of CBD products 1 and the plaintiffs’ bar began to actively file class-action lawsuits against marketers of CBD products under state law. Nonetheless, these products are widely available.

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Cannabis Law Report

JULY 31, 2019

Americans’ access to cannabis has also grown as states pass various laws allowing medical and adult use of the plant. As of today, a majority of states and U.S. In total, 34 states, the District of Columbia and various U.S. anti-money laundering laws. territories allow for some form of legal cannabis.

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Connor & Connor PLLC

AUGUST 30, 2018

Thirty states and the District of Columbia currently have laws broadly legalizing marijuana in some form. However, marijuana remains illegal under Federal law, and this creates an uncertain landscape for marijuana businesses in the preparation of their Federal income tax returns and in handling an IRS audit. 121, 134 (1954).

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Cannabis Law Report

NOVEMBER 2, 2021

We wanted to investigate, so after collecting samples from online stores and brick-and-mortar smoke shops, we commissioned FESA Labs to perform independent testing on 51 delta-8 products. We’ve collected the results under these headings to make it easier to navigate to what you’re looking for. Illegal Limits of Delta-9 THC.

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Cannabis Law Report

AUGUST 6, 2019

PUBLISHER: CANNABIS LAW REPORT. cannabis climate requires brave, willing participants to maneuver carefully in accordance with the medical marijuana rules of engagement for each respective state. .” They are paying attention, slowly formulating bits and pieces of vital international, federal, and state public marijuana policy.

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Cannabis Law Report

NOVEMBER 22, 2019

The House Education & Labor Committee approved a bill to repeal the Higher Education Act Aid Elimination Penalty, a federal law that has stripped college financial aid from hundreds of thousands of students with convictions for cannabis or other drugs. Dentons partner Eric Berlin teaches at Northwestern, speaks at Aon conference.

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Cannabis Law Report

JULY 27, 2019

It is impossible to ignore the serious legal and business complications of franchising a cannabis business due to marijuana being illegal under federal law. Banks, landlords, insurance companies and other service providers remain skittish about doing business with companies that are essentially breaking federal law.

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Cannabis Law Report

SEPTEMBER 25, 2019

We depend on a good relationship with law enforcement. The Commission will collect data to determine whether goals of the exclusivity period are met after two years and decide whether to extend exclusivity for an additional year or make the license type generally available. Licensing, Registration, and Enforcement.

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The Blunt Truth

OCTOBER 29, 2019

While the law set the record straight between hemp and marijuana, it also tasked the US Department of Agriculture (USDA) with promulgating regulations and guidelines to establish and administer a program for the production of hemp in the US. 1 Applies to foreign and domestic brand owners that receive more than $1 million in gross receipts.

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Cannabis Law Report

SEPTEMBER 3, 2019

Subsequent to quarter end, Harborside exercised its merger option to acquire 100% ownership of Patients Mutual Collective Corporation (“PMACC”), which operates the retail Harborside dispensaries in Oakland and San Jose. and a concurrent private placement financing which raised approximately $15.0

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Cannabis Law Report

NOVEMBER 23, 2019

This measure does not have any standardized meaning according to IFRS and therefore may not be comparable to similar measures presented by other companies. There are no comparable IFRS financial measures presented in Harborside’s unaudited condensed interim consolidated financial statements.

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The Cannigma

NOVEMBER 23, 2021

In our conversation with Otha, we talk about how Tetragram has been able to help its patients, how federal and state laws affect access to medical cannabis and what we can expect of government legislation in the coming years. Okay, we got to prove it. OS: Centuries? [0:14:10.3] 0:14:10.3] CP: Give me the highlights.

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Cannabis Law Report

MARCH 25, 2019

CPA’s” PUBLISHER: CANNABIS LAW REPORT. At the present time, state medical and recreational legalization have no impact on federal drug control laws. The present administration through Attorney General Sessions revoked the Cole Memo in January 2018 [iv]. In the 115th session of Congress, S.

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