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What Rescheduling Marijuana Means for California’s Cannabis Industry

Canna Law Blog

” What that means is that rescheduling will have no impact on things like the prohibition on interstate commerce, which has kept California walled off from other states (at least California’s legal market). Rescheduling also won’t impact state law where it counts. So stay tuned for more updates.

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Texas Police Chiefs Association Hold Marijuana Press Conference

NORML

They discussed “the myths vs. the facts as they pertain to marijuana sales, production, distribution, possession, usage along with its long-term effects as well as impact on quality of life for all citizens.” Support Medical Marijuana in the Senate and in the House. Watch here.

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Bad News for Intoxicating Hemp Products

Canna Law Blog

” As of a few days ago, DEA reiterated this position in response to an inquiry by attorney Shane Pennington, even going so far as to note “cannabis-derived THCA does not meet the definition of hemp under the [Controlled Substances Act] because upon conversion for identification purposes as required by Congress, it is equivalent to [THC].”

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Update: DOJ and SAFE Banking Act

Canna Law Blog

The DOJ provides the example that “a marijuana-related business could be laundering proceeds from fentanyl sales on the side, or from marijuana sales conducted outside of the state regulatory framework”, and that the SAFE Banking Act, as written, wouldn’t allow law enforcement or prosecutors to do their jobs effectively.

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Michigan Legislature Addresses Native American Tribes in New Marijuana Legislation

Dykema (Cannabis Law Blog)

The Michigan Regulation and Taxation of Marihuana Act (“MRTMA”) does not address how Michigan’s Native American tribes participate in Michigan’s adult-use marijuana industry. HB 5706 creates a pathway for state-licensed and tribally licensed establishments to purchase from and sell to one another.

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Can A State Recriminalize Medical Marijuana?

MMJ Recs

Marijuana has come a long way in the United States over the past decade. you could purchase marijuana legally. Today, you can get medical and recreational marijuana in 11 states as well as Washington D.C. But can a state recriminalize medical marijuana? A Brief History of Marijuana.

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Cannabis Banking Today

Canna Law Blog

In this post, I’ll sketch out some considerations for FIs looking at banking marijuana-related businesses – or, as they are known in the common parlance, “MRBs”. Here is my shorthand: “ Direct Marijuana Business.” A business that grows, produces, processes, distributes or sells marijuana or marijuana products.

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