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Federal Legislation To Facilitate Interstate Marijuana Commerce Introduced

NORML

Today, Senator Ron Wyden and Congressman Earl Blumenauer introduced legislation to allow for interstate commerce when it comes to state-legal cannabis programs. “Last week, the House agreed and passed my amendments to forbid the federal government from interfering with cannabis programs in the states, D.C.

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Buyer Beware: Five Key Due Diligence Items When Buying a Cannabis Business

Canna Law Blog

State and local law and compliance This is the number one priority. Laws and compliance obligations for cannabis businesses can vary widely by state, county, and city. Failing to verify these items could leave you owning a cannabis business that cant legally operate.

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Why Cannabis LLCs Need Operating Agreements

Canna Law Blog

Cannabis LLC operating agreements don’t have to break the bank Cannabis entrepreneurs often worry about legal costs, especially in the early stages. That said, trying to draft an agreement without legal counsel is risky. Regulators may require licensees to provide operating agreements as part of compliance.

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Study: Marijuana Retailers Not Selling to Underage Customers

NORML

Licensed cannabis retailers in Colorado and Washington are highly compliant with state laws 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.

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How Inflation is Affecting Cannabis: Prices, Closures, and the Job Market

Veriheal

However, that statistic doesnt mean prices have been dropping in many states. Last year, the price of an eighth of weed ranged from about $25 to $60 in s tates with a legal recreational Adult-Use market. However, in some legal states like New Jersey, the price for top-shelf flower can often go as high as $70 per eighth.

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Licensing Cannabis Trademarks: What You Need to Know

Canna Law Blog

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 ). Each state has its own rules, and they vary widely. Some states require trademark license agreements to be disclosed.

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Weekly Legislative Roundup 6/21/19

NORML

House of Representatives just voted to restrict the Department of Justice from interfering with the states that have legalized adult-use marijuana. Governor John Bel Edwards (D) of Louisiana signed legislation into law to deschedule hemp and hemp-derived CBD from the state’s list of controlled substances.