Sat.Jun 01, 2019

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Cannabis Litigation: Second Circuit Could Force DEA to Re- or Deschedule Marijuana

Canna Law Blog

A split decision decided last Thursday, May 30, by the Second Circuit Court of Appeals reflects a lack of patience with U.S. Drug Enforcement Administration (DEA) when it comes to DEA’s handling of petitions to remove marijuana from the list of most dangerous drugs. As most of our readers likely know, the Schedule of Controlled Substances, established by the Controlled Substances Act of 1970 (CSA), places marijuana in the most restrictive class, Schedule I, alongside heroin.

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Alabama gets study bill for cannabis, that’s about it for now

Cannabis Law Report

AL.com reports. It was a scaled back version of an earlier bill that would have legalized medical marijuana. That bill passed the Senate but stalled in the House. The study commission bill was a compromise. The bill will also extend a study at UAB on the use of cannabidiol to treat epilepsy. The bill authorizing that study, called Carly’s Law, was scheduled to expire in July but now will remain in effect until July 2020.

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U.S. Federal Court Tells DEA to Evaluate Rescheduling Cannabis, in Light of its Medical Benefits

WeedAdvisor

In a rather surprising turn of events, a federal appeals court gave marijuana advocates a small opening in their ongoing battle to reschedule marijuana, according to Marijuana Moment. The court, citing concerns over marijuana’s Schedule I status and its impact on medical users who need it most, essentially issued an ultimatum to the DEA. They want the federal enforcement agency to finally look over their steadfast claim that marijuana is a harmful drug with no medicinal value.

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Nevada: Clark County District Court Judge Elizabeth Gonzalez Will Hear More Testimony Starting June 10 On License Applications

Cannabis Law Report

SF Gate reports. A Nevada judge is scheduling at least three more days of testimony in a bid by dozens of rejected applicants to show the state’s retail cannabis licensing process is biased and unconstitutional. Clark County District Court Judge Elizabeth Gonzalez ended a week of testimony on Friday saying that testimony will resume June 10. The judge his being asked to issue an injunction to stop Nevada from nearly doubling the number of dispensaries statewide.

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Where the Money Grows: Learning the Industry Trends in Medical Cannabis, Recreational Marijuana, Hemp, and Beyond

Speaker: Jonathan Bench, International Cannabis and Securities Business Attorney at Harris Bricken

The U.S. cannabis industry is still in its infancy, even though states began engaging with legalization in one form or another in the late 1990s. Today, many opportunities exist for individuals and businesses that want to engage in the industry. Some want to directly own licensed businesses, while others prefer to keep the industry at an arm’s length and merely profit from it.

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Medical Marijuana Use Could Get People Fired in Ohio

WeedAdvisor

Misunderstandings about marijuana are common to this day. These mostly represent a thorn in the side of recreational users, but medical patients are a different story. Those with prescriptions who truly need the drug to live relatively functional lives often find themselves caught in the crossfire between federal and state laws. According to The Columbus Dispatch , Ohio is one example.

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Not as much happening in Columbia as you might think. MJ Biz has special report

Cannabis Law Report

The report reveals. As of May 2019 , only four companies had fully registered cultivars with the Colombian Agricultural Institute (ICA): Medcann. Clever Leaves. FCM Global. Santa Marta Golden Hemp, which is 60% owned by the Canadian biotech company Avicanna. Read the full report at. Colombia has 100-plus licensed cannabis firms, but only a handful have registered cultivars.

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UK: Bristol CBD Cafe Plans To Open More Locations In West Midlands

Cannabis Law Report

The Birmigham Mail trports…… A café that sells goods infused with cannabis has revealed plans to open TWO branches in the West Midlands. Mary Jane’s, which has opened a café in Bristol, said it hoped to expand into Birmingham and the Black Country. A spokesperson for the company, named after a slang term for marijuana, told Black Country Live it plans to open the new venues later on this year.

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South Africa: Cape Town releases vacant land for production of medical cannabis

Cannabis Law Report

Council’s approval today, 30 May 2019, to release vacant land for the production of medical cannabis was a pioneering decision, which will set the foundation to unlock Cape Town’s potential in this untapped sector. The City of Cape Town’s Council decision to release this erven in Atlantis is testament of our commitment to partner with the private sector to explore new opportunities to grow the economy.

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Green Market Report Article: Maximizing the Tax Deduction for Business Expenses of a Cannabis Business

Cannabis Law Report

By Lewis Taub, CPA, Director of Tax, Berkowitz Pollack Brant. Despite the legalization of cannabis on a state-by-state basis, federal tax laws continue to limit the availability of certain tax benefits for businesses engaged in cannabis production and sales. Yet, with advance planning and analysis, cannabis companies and their investors have an opportunity to maximize their tax savings while maintaining compliance with federal laws.