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Cannabis Administration And Opportunity Act: What The Proposed Federal Cannabis Laws Would Mean For Hemp

Cannabis Law Report

On July 14, 2021, Senators Chuck Schumer (D-NY), Ron Wyden (D-OR), and Cory Booker (D-NJ) released the discussion draft of historic federal cannabis legalization legislation, the Cannabis Administration and Opportunity Act (CAOA). While unlikely to pass in this Congress, the momentous legislation gives us a roadmap for how the U.S.

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Hemp CBD Across State Lines: North Carolina

Canna Law Blog

This federal and state interplay has resulted in many legislative and regulatory changes at the state level. In light of these legislative changes, we are presenting a 50-state series analyzing how each jurisdiction treats hemp-derived cannabidiol (“Hemp CBD”). Manufacturing Hemp CBD products would require a valid NCDA license.

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Cannabis Industry Leaders Speak With CLR on Current Delta 8 Issues In The Industry

Cannabis Law Report

We believe there is a benefit to Delta-8 but there should be labeling or warnings on packages so that consumers are informed of potential minor intoxication effects. We support Delta-8 but feel that it is not the same as CBD or CBG in that these cannabinoids should be treated as dietary supplements (if new Senate legislation passes).

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From DEA to Legal Cannabis: Charles Feldmann Weighs In

CannaTech

As a Marine Corps federal prosecutor, DEA Drug Task Force Commander and state narcotics prosecutor, Charles spent many years engaged in the War on Drugs. A Former DEA Prosecutor’s Journey into the Global Cannabis Industry. Please check here to find the right sponsorship package for your company. Charles Feldmann, Esq.

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Every Florida Medical Marijuana Law You Need to Know

CannaMD

A special legislative session in June 2017 passed Senate Bill 8A , the Medical Use of Marijuana Act , to implement rules for making medical marijuana available to Floridians. SHORT ANSWER: Yes, but products must be contained in their original packaging. MORE DETAILS: As medical marijuana physicians ourselves, this one is easy!

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American Action Forum: Federal Taxation Of Cannabis : Primer

Cannabis Law Report

Federal law requires that taxpayers must report income from illegal sources – including cannabis sales (whether state sanctioned or not) – raising numerous tax compliance and design issues. The lawful cannabis industry faces numerous regulatory hurdles that makes even good-faith compliance with the law a challenge. Introduction.

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Canopy Growth posts CA$1.7 billion annual loss

Cannabis Law Report

Drug Enforcement Administration (the “DEA”), the U.S. Adjusted gross margin, excluding $10.3 FY 2021 reported gross margin was 12% compared to negative 8% in FY 2020. state and federal law to U.S. hemp (including CBD) products and the scope of any regulations by the U.S. Federal Trade Commission (the “FTC”), the U.S.

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