Fri.Aug 09, 2019

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Hemp/CBD Litigation: Curaleaf Hit With Federal Class Action Lawsuit Alleging Securities Violations

Canna Law Blog

Just a few weeks ago, Curaleaf Holdings (“Curaleaf”) announced that it would pay $875 million, mostly in stock, to acquire a Chicago based cannabis company, Grassroots. (See here.) This followed news in May that Curaleaf had reached a nearly $1 billion all-stock deal with one of Oregon’s biggest cannabis companies, Cura Partners, Inc. (See here ). These deals made Curaleaf one of the world’s largest marijuana companies, if not the largest.

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Bernie Sanders Promises Marijuana Legalization by Executive Order

WeedAdvisor

Marijuana legalization has overwhelming support from both the public and most Democratic candidates. Ironically, the frontrunner – Joe Biden – is the only person who wants to stop at decriminalization. However, Bernie Sanders – who lost by a hair to Hillary Clinton during the 2016 primaries – hopes to gain some points by taking the hardest pro-marijuana stance of all his colleagues.

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Cannabis Continues to Attract VC Investment

Greenspoon Marder Cannabis Law Group Blog

By: Skylar Marshall , Associate. The data is in and venture capitalists’ interest in the legal cannabis market is only increasing. 2018 set a new US record of $1.2 billion of VC investment in cannabis startups. Already in 2019, VCs have invested nearly $1.6 billion through 126 deals, according to PitchBook. That’s nearly half a billion dollars more than last year with data through July 19, and the trend continues to be white hot.

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What’s the Difference Between Sweet and Fruity Cannabis Strains?

Leafly

Sweet and fruity are two flavors of cannabis that can be very similar but also very different. Here's a breakdown of how to differentiate between the two. The post What’s the Difference Between Sweet and Fruity Cannabis Strains? appeared first on Leafly.

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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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CBD Might Not Cause You To Fail a Drug Test, But CBN Might

The Fresh Toast

Although most Americans have not yet heard of CBN, some reports indicate the cannabis component is on its way to becoming the next rockstar cannabinoid of the legal weed movement. Continue reading CBD Might Not Cause You To Fail a Drug Test, But CBN Might at The Fresh Toast.

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Winning Before Fighting: Top 12 Alternative Dispute Resolution Strategies for Cannabis Companies (Webinar)

Canna Law Blog

Many people think owning and operating a cannabis business is a dream job. The reality is that any dream job can quickly become a nightmare when your business gets pulled into a dispute. Failing to resolve disputes early can be shockingly expensive. Discovery — of documents and by depositions — is usually costly, and risky too. For example, a court recently fined a company $50,000-a-day for failing to produce all the voluminous documents its opponents demanded.

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Arizona Groups File 2020 Cannabis Legalization Initiative

Leafly

The 'Smart and Safe Arizona Act' would legalize for adults 21+, allow home growing, and expunge past cannabis convictions. The post Arizona Groups File 2020 Cannabis Legalization Initiative appeared first on Leafly.

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4 Medical Benefits of CBD for Your Dog

Otherside Farms

While some have recognized for decades the benefits that chemicals such as THC and CBD provide, the general public is increasingly becoming aware of the multitude of uses for these supplements. From treating anxiety to regulating appetite, these ingredients promote a host of health benefits for people of all ages and conditions. Yet less attention is given to the benefits that CBD can provide to our non-human friends – in particular, dogs.

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Alberta Leads the Country with 254 Licensed Adult-Use Retailers

Leafly

It’s just the beginning of August and Alberta is still shattering expectations. The post Alberta Leads the Country with 254 Licensed Adult-Use Retailers appeared first on Leafly.

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Why Recreational — Not Medical — Marijuana Access Reduces Opioid Overdoses

The Fresh Toast

New research shows recreational marijuana laws reduce annual opioid deaths by 20-35%. Continue reading Why Recreational — Not Medical — Marijuana Access Reduces Opioid Overdoses at The Fresh Toast.

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The Roll-Up #100: That New Office Smell

Leafly

We just moved in to Leafly's new world headquarters and everything *inhales* smells like magic. The post The Roll-Up #100: That New Office Smell appeared first on Leafly.

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California Enforcement Gets Heavy Handed

Cannabis Law Report

Here’s the report contained in the Beard Bros weekly newsletter. All we have to say is that in the end this approach of “shock & awe” will in the end be counterproductive. Beard Brothers…… Man, talk about mixed emotions right now with all of these raids going on in California. Don’t get us wrong, it is still and always will be about a plant and some freedom but some of the pictures coming back of the nasty conditions in which some of these operations are b

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This Week in Cannabis: Top Stories From Across Canada From August 3-9

Leafly

Cannabis news from around the web. The post This Week in Cannabis: Top Stories From Across Canada From August 3-9 appeared first on Leafly.

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Cannabinoid Hyperemesis Syndrome Relieved by Legal Marijuana

WeedAdvisor

For years, doctors were perplexed by a bizarre phenomenon affecting some heavy marijuana users. Cannabinoid hyperemesis (CHS) – referred to colloquially as “cannabis vomiting syndrome” – is marked by chronic nausea and vomiting. Sufferers find that a hot shower provides temporary relief, but the only way to avoid the issue is by abstaining altogether.

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Michigan Announces New, Legally Questionable, Assessment Structure

Dykema (Cannabis Law Blog)

Michigan’s Marijuana Regulatory Agency (MRA) this week announced the Medical Marihuana Facilities Licensing Act (MMFLA) regulatory assessment structure for Fiscal Year 2020.

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California’s Dept of Justice Publishes “Guidelines for the Security and Non-Diversion of Cannabis Grown for Medical Use

Cannabis Law Report

Here is the document in full. Many see it as a warning shot against the bows of any illegal medical cannabis businesses in the state. Below the doc you’ll find references to articles in the Sac Bee, LA Times & others detailing what they think is coming next. MEDICINAL CANNABIS Guidelines. Articles. California’s new bible for medical marijuana laws has industry anticipating a crackdown.

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Patients line up for medical marijuana in Louisiana as dispensaries open their doors

SMPL

MADISONVILLE, La. — Medical marijuana dispensaries opened Monday across Louisiana. The one on the Northshore, in Madisonville, had a steady flow of patients. There were children with autism, octogenarians with glaucoma, and all ages and medical conditions in between. First in line at the North Shore location was 80-year-old former state senator Tony Guarisco.

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Australian Outback Cattle Station Receives Green Light From Northern Territory Govt To Grow Industrial Hemp

Cannabis Law Report

A cattle station in the middle of the Australian outback has unveiled plans to grow industrial hemp, with the industry given the green light by the Northern Territory Government this week. 130 kilometres north of Alice Springs is Aileron Station and owners the Caason Group say they bought the property in 2015 expecting to move production from cattle to hemp.

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8,000 Square Foot Cannabis Consumption Lounge Coming to Toronto

Leafly

The upcoming byMinistry space on Adelaide St. W. is billed as one for immersive cultural cannabis experiences, with room for infused foods, workshops, and performances. The post 8,000 Square Foot Cannabis Consumption Lounge Coming to Toronto appeared first on Leafly.

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Renowned Arizona Tea Company Soon to Offer THC Products

WeedAdvisor

Anyone who enjoys iced tea or some variant likely knows about Arizona. The famous brand graces the shelves of grocery and convenience stores across North America. Now, CNBC reveals the company is taking a bold new direction – one that only a few others already took before it. Other drink companies jumping on the cannabis bandwagon were Constellation Brands, makers of Corona beer; and Heineken’s Lagunitas Brewing.

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Luxembourg Planning to Legalize Cannabis

WeedAdvisor

Although marijuana reform made it across the Atlantic in recent months, one Luxembourg plans to ride the green wave all the way through, according to The Guardian. A government coalition formed by three parties – the Liberals, Social Democrats and Greens – decided to start the process of fully legalizing marijuana in Luxembourg, making it the first European country to do so.