Fri.Aug 12, 2022

Massachusetts: Governor Signs Bill Creating “Social Equity Trust Fund” For Aspiring Marijuana Businesses

NORML

Republican Gov. Charlie Baker has signed legislation into law that seeks to promote greater diversity among those participating in the state’s licensed cannabis industry and that lays the groundwork for the establishment of on-site cannabis consumption facilities.

Cook Islands: Govt to ‘move very quickly’ in legalising medicinal cannabis

Cannabis Law Report

Hot off the press from the Cook Island News. First up – in case you don’t know this is where you’ll find the Cook Islands. The report reveals.

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New York to Accept Retail Dispensary Apps August 25

Canna Law Blog

It is finally here: New York’s Office of Cannabis Management (OCM) announced that it will begin accepting applications for the Conditional Adult-Use Retail Dispensary (CAURD) Licenses on August 25, 2022.

LA Times Says “Bill to decriminalize psychedelics in California gutted by lawmakers”

Cannabis Law Report

We’ve mentioned how many committees this proposed bill has been through in a prior report. The LA Times doesn’t mix words.

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. Join international cannabis and securities business attorney Jonathan Bench as he provides some pitfalls and best practices for companies & individuals looking to engage with the U.S. cannabis marketplace.

Canada’s Medical Cannabis Reimbursements

Cannabis Life Network

A record number of Canadian military veterans have received medical cannabis reimbursements. The federal government spent more than $150 million last fiscal year. The amount has doubled from only three years ago.

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Answer of the Day for Aug 13, 2022

TheAnswerPage

The delta-8-THC series continues… How do the effects of delta-8-THC compare to those of delta-9-THC?

Curaleaf Announces Majority Stake and Forms Strategic Partnership with Germany’s Four 20 Pharma, a Fully EU-GMP & GDP Licensed Producer and Distributor of Medical Cannabis

Cannabis Law Report

Deal Bolsters Curaleaf Presence and Cements Strategic Advantage in Europe’s Largest Market as Germany Readies for Adult Use. WAKEFIELD, Mass. , Aug. 9, 2022 /PRNewswire/ — Curaleaf Holdings, Inc.

How Many Milligrams of THC Am I Smoking?

PrestoDoctor

How Milligrams of THC Is In This Joint? One of the age old questions for medical cannabis patients has been: how much THC am I smoking? Which brings us to the real question: “How many milligrams of THC is in this Joint?

THC 52

California Delta-8 THC operator wins 4th copyright battle in a row

Cannabis Law Report

Via MJ Biz. A California company specializing in hemp-derived delta-8 THC products has notched a fourth straight victory in copyright battles with competitors that it claimed were illegally using its protected brand.

DEA 52

IDFPR Provides Key Guidance Regarding Management Service Agreements for Conditional License Holders in Illinois

Burns Levinson (Cannabusiness advisory)

SENATOR WIENER’S STATEMENT ON AMENDMENTS TO PSYCHEDELICS LEGISLATION AND FUTURE OF THE BILL

Cannabis Law Report

They won’t allow “the decriminalization of possession and use of small quantities of certain psychedelic drugs” in the language of the bill. Unsurprisingly Wiener isn’t happy about it.

Curaleaf Pulls Stock From NY Shelves After Fudging Potency Labelling

Cannabis Law Report

The higher the perceived THC level the more sales is the equation, so, it appears Curaleaf took a “creative” approach to lebelling that in turn has backfired. We wonder also whether New Yorkers will remember this thus affecting the brand in the state.

THC 52

Minority Cannabis Academy teaches skills for legal weed work

Cannabis Law Report

Education

Law 52

MOTAGON to Become the First Pharmaceutical Company in the Czech Republic to Supply Medical Cannabis Extracts to Patients

Cannabis Law Report

Prague, Czech Republic–(Newsfile Corp.

Weedweek investigation suggests that Stiizy has an illegal pipeline of products originating at the company’s licensed Los Angeles factory….

Cannabis Law Report

This week alone we have Curaleaf and their labelling and also this great report from Weedweek about Stiizy … Looks like the NY Office of Cannabis is going to have to be extra extra vigilant.

Arcview Capital Announces New Equity Crowdfunding Platform: Supporting Capital Raise Needs of Industry Businesses

Cannabis Law Report

Remember this is a press release … Brooklyn, NY (Newsworthy.ai) Wednesday May 18, 2022 @ 7:00 AM Eastern —.

SXSW Opens Voting On Nearly 100 Cannabis And Psychedelics Panels For 2023 Festival

Cannabis Law Report

Marijuana Moment report on some of the panels being proposed for 2023…… Voting is now open for the public to decide which panels will make the stage at next year’s South By Southwest (SXSW) festival—and there are about 100 marijuana- and psychedelics-related proposals to pick from.

Despite Decriminalization Of Adult Recreational Use Of Marijuana, Court Finds Its Use Is Not Lawful

Cannabis Law Report

By Keith Paul Bishop on August 12, 2022. Nevada’s voters decriminalized adult recreational use of marijuana by voter initiative. See Secretary of State, Statewide Ballot Initiative Question No. 2, 14 (Nov. 8, 2016, effective Jan. 1, 2017).

Bulletin – Potential Adverse Health Effects Related to Marijuana-infused Products Containing Corydalis yanhusuo

Cannabis Law Report

August 12, 2022. The Cannabis Control Commission (Commission) provides notice that there are potential adverse health effects allegedly related to the consumption of Marijuana-infused Products (MIPs) containing Corydalis rhizome extract (Corydalis), a.k.a. Corydalis yanhusuo.

Alert: Concerns Re Pesticide Testing Requirements & Legacy Stock

Cannabis Law Report

12, 2022. This message is to address concerns raised recently by some cannabis licensees and labs about the implementation of the pesticide testing requirements.

Hemp Roundtable: Updates in ID, KY, MI, and VA

Cannabis Law Report

The latest legislative updates across the states . Virginia. As we reported last month , Virginia convened a task force to make recommendations for the manufacture and sale of hemp extracts, pursuant to recently-passed HB 30.

INCBA Webinar: Interstate Commerce: What the Industry Needs and When

Cannabis Law Report

Faculty: Adam Smith | Shaleen Title, Esq. | Robert Mikos | Genine Coleman. Duration: 1 Hour 30 Minutes. SKU: INCBA08172022web. License: Access for 6 month(s) after program date. Dates. Wed, Aug 17, 2022 – 12:00pm to 01:30pm PDT. Webinars

Psychedelic Alpha Report: “Compass “milked” researcher for trade secrets before “secretly” filing patent on same technology, alleges lawsuit”

Cannabis Law Report

What with the MAPS “therapy” disaster followed by the ABC (Australia) Mind Medicine expose and now this, all in all it has not been a good month for those that believe in the future of a regulated psychedelics environment.

California…SB519. Assembly Appropriations Committee voted 9-5 to endorse the motion do pass as amended

Cannabis Law Report

Psychedelic Alpha report that SB519 is ever so slowly moving through the labryinth of oversight committees and as Spacemen 3 sang. It Is The Sound Of Confusion. SB-519, which would generally decriminalise psychedelics in the state of California, appears to have passed another hurdle yesterday.

Columbia Care Launches First Pre-Rolls in New York Under its Leading National Flower Brand, Seed & Strain

Cannabis Law Report

First of Columbia Care’s Lifestyle Brands to Debut in the Empire State; Brand’s 14 th Market Launch Nationwide. NEW YORK–(BUSINESS WIRE)– Columbia Care Inc.

MJ Harvest and Cannabis Sativa Announce the Signing of the Definitive Plan of Merger and Reorganization

Cannabis Law Report

MJ Harvest, Inc. (“MJHI”) (OTCQB:MJHI) announced that it has entered into a definitive Agreement of Merger and Plan of Reorganization (the “Merger Agreement”) to merge with and into Cannabis Sativa, Inc. (“CBDS” or “Cannabis Sativa”).

Cannabis Industry Jnl: M&A in Cannabis: A Guide for Buyers and Sellers

Cannabis Law Report

Mergers and acquisition activity in the cannabis space tripled from 2020 to 2021 , and that pace is on track to continue in 2022. With big players entering the global cannabis market, we’re fielding more questions about mergers and acquisitions of cannabis businesses.

Harris Bricken: L.A. County Commercial Cannabis Tax Measure is Here

Cannabis Law Report

County commercial cannabis is finally coming in 2023. We covered the breaking news about L.A. County commercial cannabis regulations here. This is a huge deal, because L.A. County is the biggest county in the U.S. with over 9 million residents.

Accounting Today Article: Cannabis a budding niche for accountants

Cannabis Law Report

The cannabis industry has been attracting greater acceptance across the country as more states have legalized medical and recreational marijuana, as well as related products such as CBD and hemp, while accountants have been helping their clients deal with the tax and financial implications.

Group of 31 French senators from the Socialist, Green and Republican parties come together to write a statement calling for the legalisation of cannabis in France.

Cannabis Law Report

The Local reports. France is known for having some of the strictest laws regarding marijuana consumption in Europe – while simultaneously maintaining one of the highest rates of cannabis usage in the EU.