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Cannabis Transactions: I ❤️ Letters of Intent

Canna Law Blog

From the buyer/lessee’s point of view, these provisions can be paramount– a buyer can suffer by inking an LOI, only for a seller to sit on it while shopping for a better purchase price. Sometimes, payment will be required to lock in these terms. As to binding LOIs, they are less common, more comprehensive, and more risky.

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Thailand’s Cannabis Crisis: Could Asia’s Pioneering Cannabis Experiment Go Up in Smoke Amid Political Meltdown?

Canna Law Blog

Additionally, last week the Office of the Narcotics Control Board “ deployed over 100 officers in a coordinated sweep of 20 cannabis shops across Bangkok. The Health Ministry issued notices that medical prescriptions will soon be required to access cannabis while the government works on a more comprehensive recriminalization policy.

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Behind the DC Cannabis Closures

Veriheal

These changes have rapidly disrupted the DC cannabis market, forcing more shops to shut down. Of course, authorities regularly investigate and close some unlicensed shops, but they have shut down many suddenly and in large numbers. DC cannabis business owners and residents deeply feel the impact. But why is this happening?

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Oregon Cracks Down on THC Inflation and Testing Labs

Canna Law Blog

In those days lab shopping was common, dozens of harmful pesticides were allowed, and OHA didn’t even have the authority to regulate producers or labs, anyway. From there, you have the related concepts of “lab shopping” by licensees and “pay to play” testing with labs.

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How Inflation is Affecting Cannabis: Prices, Closures, and the Job Market

Veriheal

For many consumers, if it means cheaper weed, then they dont mind meeting up with the plug in the Pizza Hut parking lot or grabbing some type of legal D8 or THCA product at a local smoke shop or online.

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Locked Out: SBA’s New Lending Policy Targets Hemp and Marijuana-Adjacent Businesses

Canna Law Blog

For example, a head shop in Washington State selling glass marijuana pipes and vaporizers operates completely legally under state law (and thus, federal law), would be categorically denied SBA funding under this policy. In around 15 states, marijuana-related paraphernalia is explicitly legal.

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Is There a Method to the Mayhem? The Stock Market and a Potential Cannabis Collapse

Canna Law Blog

Not the social equity mom-and-pop shops trying to compete with well-capitalized players. Otherwise, they risk these assets (mainly marijuana inventory) flooding the black market. So who benefits? Not the pioneers who took the risks entering the state-legal market.

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