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A new study from an industry advocacy group in California examines the content of dozens of unregulated intoxicating “hemp” products that are easily available in the Golden State despite being banned by statelaw. The study, entitled The Great Hemp Hoax , was released Feb. percent THC.
Members of the House of Representatives voted 321 to 103 in favor, representing 79% of the vote of HR 1595: The SAFE Banking Act, which amends federal law so that explicitly banks and other financial institutions may work directly with state-legal marijuana businesses. What’s Next?
An anti-drug legalization activist has filed a lawsuit arguing a recreational marijuana initiative petition was improperly certified by Missouri Secretary of State Jay Ashcroft and should not appear on the November ballot. Lawsuit asks judge to block marijuana legalization from appearing on Missouri ballot. Read more at .
Seyfarth Synopsis: In the first six months of 2021, several stateslegalized marijuana for recreational and medicinal purposes, including New York, New Jersey, Virginia, and New Mexico. States show no signs of slowing down. Can employers still conduct reasonable suspicion drug tests and take action based on the results?
Law enforcement “should use the best available, scientifically validated, roadside presumptive drug testing technology for possible drug-impaired driving investigations,” the task force wrote, but did not specify what those tools are. That type of data isn’t currently being collected in any centralized way.
An LOI may also be called a term sheet; naming it one over the other has no legal significance. Related, a primary function of an LOI is to ensure the parties agree on key terms before spending outsized time and money on legal. Often, these parties are not serious; or they may be collecting LOIs to try to raise funds off that paper.
Seyfarth Synopsis: In the first six months of 2021, several stateslegalized marijuana for recreational and medicinal purposes, including New York, New Jersey, Virginia, and New Mexico. States show no signs of slowing down. Can employers still conduct reasonable suspicion drug tests and take action based on the results?
At the state level, activists in Texas, Maryland, and Kentucky gathered in their state capitols alongside state and local NORML chapters to lobby for sensible marijuana policy reform legislation. Legislation is pending, Senate Bill 182, to re-legalize the inhalation of herbal cannabis formulations for medical purposes.
While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. These states haven’t made major headlines for their progressive cannabis policies, but together they constitute a major market that has, nevertheless, dipped its toe in the water. has been notably slow to uptake major reforms.
A recent lawsuit filed against the Oklahoma Medical Marijuana Authority (OMMA) claims that the organization did not make its meeting agenda available to the public, which violated a statelaw known as the Oklahoma Open Meeting Act. Rachel Bussett of Bussett Legal Group , and Durbin’s co-counsel, accused the OMMA of being “sneaky.”
And some business owners like to operate without legal or financial safety netsbut they rarely last long. Do you plan to take the company public, once legally and commercially feasible? Your answers to these and other questions will guide your legal and tax advisors in helping you choose the best business entity and structure.
businesses enjoy is the ability to deduct certain expenses, providing a notable tax break once the IRS comes to collect its due. Thanks to an antiquated law that the IRS is all-too-happy to enforce, taxes on legal marijuana dispensaries are astronomical. On paper, the IRS opposes legal marijuana enterprises.
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Attorney General Garland reiterates his disinterest in prosecuting marijuana users abiding by statelaw. Also this week, another bipartisan, bicameral group introduced the Marijuana Data Collection Act.
Connecticut has become the 19 th state to legalize recreational marijuana use by adults. Governor Ned Lamont signed the Act Concerning Responsible and Equitable Regulation of Adult-use Cannabis on June 22, 2021. Connecticut will permit individuals 21 years of age and older to possess and use recreational cannabis.
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Whether it’s federal relief or statelegalization roadblocks, the virus is everywhere. STATE NEWS. Legalization efforts across the country continue to fall victim to the coronavirus. and finally.
In April, the council held a work session examining the public safety and health aspects of legal cannabis. A month later, it held another work session on changes to the county’s land-use and planning code that would make way for legal cannabis and specify where pot businesses can be located.
Massachusetts municipalities have collected more than $53 million in “impact” fees from cannabis companies since the launch of adult-use sales in 2018, according to a Northeaster University study published by the Massachusetts Cannabis Business Association outlined in a Boston Globe report. The Franklin Observer writes.
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. An assignment for the benefit of creditors (“ABC”) is again a statelaw-determined process.
CPA’s “ PUBLISHER: CANNABIS LAW REPORT. Federal Legalization – Then What? Let’s think through a couple of scenarios and have a peek at the landscape in a post-legalization world. Let’s begin with the following: STATES Act Becomes Law. Federal Legalization – Then What?
The grant funding was made available through the collection of marijuana-related sales tax revenues. A 2019 statelaw permits those convicted of marijuana-specific activities which have since been decriminalized or legalized to submit a written request to the court to have those records sealed. Source: [link].
Indeed, the leaps in logic and rush to judgment have led to law enforcement erroneously sweeping up entirely non-criminal and even completely legal hemp growers as well as a full-frontal attack on agriculture in general by county land use regulators. Hemp Is Legal. Possessing dry hemp in any amount is completely legal.
The term does not include industrial hemp, as defined in statelaw, that is grown, dealt, or processed in compliance with state or federal law, unless it has been acquired and formulated with cannabis plant extract by a pharmaceutical processor. Next Steps for Employers.
The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. 2-501 et seq.), 2-501 et seq.), ” NE St. § ” NE St. § Arizona.
A New York firefighter who was fired for legally using medical marijuana is suing the City of Buffalo to get his job back. . Martin’s cannabis use is completely legal under statelaw, though – he is a state-certified medical marijuana patient who has been using cannabis to treat chronic back pain and PTSD.
A petition has been filed in an effort to legalize recreational marijuana in Oklahoma. State Question 806 , filed on Dec. 12, would add an amendment to the Constitution, which would generally legalize, regulate and tax marijuana for people aged 21 and older under statelaw. OKLAHOMA CITY —. Source: [link].
Murphy had a number of marijuana law reform scholars as amici (impartial, voluntary advisors) in the case, and the reason is because the holding in Murphy directly impacts marijuana legalization. Murphy holds that state-law repeals are not pre-emptible.
Examples for allowable uses for the Cannabis Loan Funds include rent, payroll, purchase of equipment, purchase of inventory, regulatory compliance expenses, payment of fines or penalties, certain legal expenses, and employee training. The Department also collects confidential information for oversight and monitoring purposes.
As more stateslegalize cannabis, companies are dealing with the absence of national trademark uniformity. Currently, there is no legal mechanism to obtain a trademark to sell cannabis across state lines. Instead, companies are limited to state-wide trademarks. Trademark rights are territorial in nature.
In addition to legalizing adult use and possession of cannabis, the law creates a statewide regulatory regime for commercial cannabis activity, but also provides discretion to local jurisdictions to prohibit or restrict such businesses. That study found that “single-family residences close to a retail conversion (within 0.1
Summary of MMJ Legalization Efforts. Legalization Caused $130M Boost at Denver Hotels. Senate approved bill to fix glitches in state’s hemp law. Why 2020 legalization failed in the Sunshine State. Legal weed prices remain high, sending some back to illicit dealers. Senate Approves MMJ Bill.
The Florida Supreme Court struck down a proposed voter initiative amendment to legalize recreational cannabis on Thursday, ruling that the ballot measure’s summary was unacceptably misleading. Make It Legal Florida had already raised $8.2 Ron DeSantis and the GOP-led state legislature to embrace cannabis policy reform.
Additionally, Representatives Charlie Crist (D-FL) and Don Young (R-AK) introduced The Fairness in Federal Drug Testing Under StateLaws Act to explicitly bar federal agencies from discriminating against workers solely because of their status as a cannabis consumer, or due to testing positive for marijuana use on a workplace drug test.
Every year, employers find themselves revisiting their marijuana and drug testing policies to account for newly enacted laws at the state and local level. On June 22, 2021, Connecticut legalized recreational marijuana use by adults 21 years and older. There are numerous positions and industries exempt from the law.
When it comes to cannabis legalization in America, arguably no piece of legislation has had more of an impact than California’s Proposition 215 , also known as the “Compassionate Use Act of 1996.”. The report also outlines how in many states neither the cost of the physician’s visit or registration is covered by health insurance.
Fortunately for patients, leading well-known cannabis software platform and marketplace Eaze is celebrating the inauguration of Eaze Compassion , which aims to reinstate compassionate care across the Golden State. The End of Compassionate Care in California.
This is down to a few very important factors: one is that CBD oil and other products have been legalized in all US states in at least some form, and in some states it is now legal to purchase and supply up to an ounce of cannabis. Choosing a Legal Online Dispensary.
Welcome to our weekly roundup of CBD and hemp-related legal and regulatory news: CBD. State and federal law determine hemp is legal so long as it contains less than 0.3% Atlanta law firm seeks court order declaring chemical related to intoxicating ingredient in marijuana is legal. 23 March 2022.
At least two of Rockland County’s five towns are taking steps to opt out of the recently-passed New York Statelaw that allows the operation of marijuana retail dispensaries and cannabis lounges. Towns must pass laws before the Dec. State regulators still need to write the rules for how marijuana can be legally sold.
Financial institutions that work with marijuana businesses must conduct due diligence to ensure that marijuana businesses are complying with statelaw. That includes regularly submitting Suspicious Activity Reports (“SARs”) to the Financial Crimes Enforcement Network (“FinCEN”).
The Washington Association of Sheriffs & Police Chiefs sent out an advisory stating that “effective immediately, Washington law enforcement officers are no longer authorized to conduct a criminal investigation, effect an arrest, seek a search warrant, or take any other law enforcement action for simple possession of controlled substances.”.
MJXL is designed to seek daily leveraged investment results, before fees and expenses, of two times (2x) or 200% the performance of the Prime Alternative Harvest Index, providing investors access to the global cannabis ecosystem and benefitting directly from widespread medicinal and recreational legalization initiatives. About ETFMG.
Nevada, like most states, has legalized cannabis for medicinal use. Although permitted under statelaw, a Nevada employee may still face discipline under a company’s drug policy. A collective bargaining agreement provision relating to drug and alcohol use provided for zero tolerance.
The document summarizes more than 20 years of statelaws, regulations, and guidelines concerning the growing, distribution and transportation of medicinal cannabis in the Golden State. California has no uniform marijuana policy despite voter-approved initiatives that have legalized medicinal and recreational cannabis.
million in new taxes next year in Chicago despite sales only being legal for four months, based on Mayor Lori Lightfoot’s proposed $11.65 However, the modest outlook from lawmakers doesn’t mean that recreational pot legalization will ultimately be a buzzkill. Recreational marijuana tax revenue will result in $3.5
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