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Don’t forget to sign up for our email list, and we will keep you posted as these bills and more move through your home state legislature and U.S. doctors to fill out the state-legal medical marijuana recommendations. Your Highness, Carly. Actions to Take. Presently, V.A. AK resident? California. NH resident?
MarketWatch ran an article last week on how this year’s Academy Award swag bags “are packed” with “legal” cannabis. I’m always happy to see an article like this because it means California legalization is working. Now featuring cannabis! Under MACURSA and Prop.
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Attorney General Garland reiterates his disinterest in prosecuting marijuana users abiding by statelaw. The measures now move to the Senate – further bulletins as events warrant. supreme court.
How Cannabis Companies Can Protect Their Intellectual Property In The Event Of Federal Legalization. Rogoway Law. On July 1, 2021, when the State of Virginia’s and the State of Connecticut’s cannabis legalization took effect , 18 states across the nation had legalized adult-use cannabis.
We need the 61% of Delawareans who support legalization to stand with us to end cannabis prohibition in the 1st State. Delaware doesn’t have voter initiative like the other states, so citizen lobbying is the ONLY way to legalize cannabis in Delaware. Florida NORML Lobby Days. NORML Women of WA 4th Annual Lobby Day.
The Chicago Daily Law Bulletin reports. The road to Illinois becoming the 11th state in the country along with the District of Columbia to legalize adult-use recreational cannabis was a long and winding one. The complexities of this issue were discussed at length at a recent B-Sharp at Breakfast event.
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Then we see that Georgia voters favor legalization. What you may not know is that adult-use legalization was on the ballot. So no changes in statelaw are required. Further bulletins as events warrant.
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. The Nebraska Supreme Court ruled in favor of CBD sellers in the state. Once again, further bulletins as events warrant. A 2019 lawlegalized products below 0.3% Scott (R) has not yet acted.
An amendment also defines lawful products “as products that are legal for the employee to use under statelaw.” To find cannabis-friendly events in Illinois, visit here. of the Illinois Vehicle Code. For more Illinois cannabis industry news, visit here. For Illinois News Joint reviews, visit here.
As more stateslegalize cannabis, companies are dealing with the absence of national trademark uniformity. Currently, there is no legal mechanism to obtain a trademark to sell cannabis across state lines. Instead, companies are limited to state-wide trademarks. Trademark rights are territorial in nature.
Statelaw is unlikely to provide a useful backstop. If partners decide they don’t need governance docs or can just make them from scratch without legal training to avoid a few thousand dollars, it’s not hard to see them cutting corners in other areas (hint hint, compliance). And it happens ALL the time in cannabis.
A Plan is a contractual agreement amongst the main stakeholders, which usually contains operational and financial requirements, milestones for key events, and the amounts that will be distributed to creditors, with creditors agreeing to stand down in collection efforts and reduce debt obligations if the terms and conditions of the Plan are met.
Forward Looking Statements This press release may contain forward-looking information within the meaning of applicable securities legislation which reflects The Parent Company’s current expectations regarding future events. federal law, nor will it provide a defense to any federal proceeding which may be brought against the Company.
Delta-8 THC, aka delta-8, the intoxicating cannabinoid synthesized from hemp, is making waves across the United States, and especially in states where marijuana remains illegal. That’s because delta-8 is derived from federally legal hemp, which by law contains less than 0.3% But how long will that legal status last?
However, unlike in more traditional secured transactions, foreclosing on a cannabis business and its secured assets depends very much on statelaw and it is often a very complicated process. My clients that lend to cannabis businesses routinely ask me whether their security agreements will be enforced in the event of a dispute.
. “This bill offers retail consumers the option to consume legally in a social setting,” said Ashley Weber, executive director of the Colorado office of the National Organization for the Reform of Marijuana Laws. Cameron Pinkerton, Event Coordinator, DFW NORML. ” Read more from the Denver Post !
Department of Justice agreed Wednesday to return all cash seized from an armored car company used by legal marijuana dispensaries during several traffic stops in California last year. Empyreal has always viewed ourselves as a partner to financial institutions and law enforcement,” said Empyreal CEO Deirdra O’Gorman.
Of interest to TBT readers, a few key takeaways from the event include: Investment Opportunities – many industry experts accept as a given the fact that institutional capital will remain on the sidelines until marijuana is legal at the federal level. Institutional investors perceive too much legal risk and are prepared to wait.
Examples for allowable uses for the Cannabis Loan Funds include rent, payroll, purchase of equipment, purchase of inventory, regulatory compliance expenses, payment of fines or penalties, certain legal expenses, and employee training. To learn about cannabis-friendly events in Illinois, visit here.
I’ll be joined by my esteemed colleagues to shed some light on hemp laws both nationally and here in the Evergreen State. We’ll cover a host of topics, but will start with the 2014 Farm Bill, which first allowed for the legal cultivation of industrial hemp for research purposes. You can register to join us here.
Cultivating marijuana is now legal in several states in the United States as well as Canada for licensed professionals. The rules for growing medical marijuana in the state of Washington require a 60 day supply limit, which amounts to up to 15 plants producing 24 ounces of marijuana. where licensing is not as strict.
We apply our entirely subjective bong score to each event. He has long been on the forefront of the novel legal issues concerning the emerging cannabis industry. Andrew represents and advises cannabis business clients on statelaw compliance and licensing issues, as well as in civil litigation and private arbitration.
TerrAscend’s best-in-class cultivation and manufacturing practices yield consistent, high-quality cannabis, providing industry-leading product selection to both the medical and legal adult-use market. Caution Regarding Cannabis Operations in the United States.
Today, I intro’d the #StatesReformAct a turnkey federal tax and regulate framework for existing statelaws. Nancy Mace (R-SC) is sponsoring the bill—titled the States Reform Act—along with a handful of initial Republican cosponsors. The States Reform Act proposed by Rep. The Official Press Release. — Rep.
Currently, thirty-three states, the District of Columbia, Guam and Puerto Rico have all legalized the use of marijuana to some degree. The rift between federal and statelaw has left banks trapped between their mission to serve the financial needs of their local communities and the threat of federal enforcement action.
Last week, the Supreme Court closed the loophole in federal law created by municipal officials in Barcelona, which allows the cannabis clubs a legal space in which to operate. The legal battle against the clubs at a federal level in Spain comes at a curious time in Europe. Why Is Spain Taking Such a Hard Line?
TerrAscend’s best-in-class cultivation and manufacturing practices yield consistent, high-quality cannabis, providing industry-leading product selection to both the medical and legal adult-use market. Caution Regarding Cannabis Operations in the United States.
Federal and Statelaws do not permit the manufacture and retail sales of CBD as a food ingredient in foods and beverages for sale in retail food establishments. If you are operating in Washington State, steer clear of Hemp-CBD in foods for now. So what is the big takeaway here?
Specifically, the Sixth District found that, while the County is not compelled to return seized property if the property is illegal, the local ordinance at issue “ultimately regulates land use within the County; it does not (nor could it) render illegal a substance that is legal under statelaw.”.
MJXL is designed to seek daily leveraged investment results, before fees and expenses, of two times (2x) or 200% the performance of the Prime Alternative Harvest Index, providing investors access to the global cannabis ecosystem and benefitting directly from widespread medicinal and recreational legalization initiatives. About ETFMG.
I spend roughly half of my time doing traditional “legal work” for clients and the other half discussing business strategy, particularly how to protect the company’s business through having good contracts with every important business contact (business partners, suppliers, customers, financiers/investors, and insurers). Breach of warranty.
For those engaged in the legal cannabis industry in Oregon, the 2019 Oregon Legislative Session is of the utmost importance and relevance. . HB 2233 is nearly identical to SB 639, however it only provides for the regulation of temporary events and cannabis lounges. They write. SB 639 AND HB 2233.
The FDA site has helpful guidance on products that contain hemp and/or CBD in the United States.”. Shopify also requires all users to complete an Attestation for the Sale of Hemp and Hemp-Derived Products, for which it again urges users to consult with an attorney for legal guidance. cosmetics, dietary supplements, etc.)
A recent federal court decision addresses the relationship between the Controlled Substances Act, the Individuals With Disabilities Education Act (“IDEA”), and statelaws permitting the medical use of cannabis. The court then addressed Parents’ claim that their daughter may receive cannabis “legally” under the CUA. Sledge , Civ.
This is the first year that recreational marijuana is legal in the state of California after voters approved a measure to legalize it in last November’s election. However, VIP event goers have another option. Weed is something that many are likely to try and sneak into the event anyway.
Because marijuana is classified as a Schedule I controlled substance under the Controlled Substances Act, the production, distribution and possession of cannabis is illegal, even where marijuana is legal under statelaw. There are a number of proposals under consideration and the legislative landscape is far from settled.
the “Company”) (OTCQB: ZDPY), a leading real estate development firm for emerging and highly regulated industries including legalized cannabis, today announced the appointment of Berekk Blackwell as Chief Operating Officer. At this time, the Company is unable to estimate the impact of this event on its operations. Neko Catanzaro.
the “Company”) (OTCQB: ZDPY), a leading real estate development firm for emerging and highly regulated industries including legalized cannabis, today announced an amendment to the lease agreement with its significant tenant related to its cultivation facility located in Chino Valley, Arizona. 87th Street, Suite 205, Scottsdale, Arizona.
GABY undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. are subsidiaries of GABY and hold a cannabis license in the State of California. “), cannabis is largely regulated at the State level.
Last week, the National Credit Union Administration (NCUA) issued interim guidance stating that federally insured credit unions may provide certain financial services to legally operating hemp businesses. Last week at a CannaGather event in New York City Rep. And at a CannaGather event in Denver, Rep.
Los Angeles, CA – The California Department of Tax and Fee Administration (CDTFA) announced yesterday that it plans to raise taxes on the legal cannabis industry once again. The legal cannabis industry faces stiff competition from a thriving illicit market, due to the non-compliant market’s significantly lower price points.
investors in cannabis-related entities, where the activity is legal in its jurisdiction but not legal in the U.K., That said, the legal position is not clear cut. investment community as to the boundaries of legal risk and compliance. Legal Status of Cannabis in the U.K., There is very little guidance for U.K.
While Kandy Girl attempts to avoid statelaws outlawing sales of cannabis by selling THC gummies (consisting of no more than.3% 3% delta-9 THC extracted from hemp), which are legal under federal law, some cannabis products presently can only be shipped in a limited number of states. View source.].
“The plaintiff and his lawyer have turned an employment dispute between a former employee and his employer into a sensationalized and imagined series of events aimed at a company like Verano with a proven track record of compliant operations.
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