Category: Gumballs

Their latest update…

Virginia lawmakers will consider reforming the state’s marijuana laws early next year, and Virginia Attorney General Mark Herring has called  a Cannabis Summit in Richmond for next week to discuss policy plans ahead of time. In a news release Wednesday morning, he said his goal is to give policymakers the research they need to make informed decisions. Reports WHSV3

In the video, CPD said it will be still be illegal to consume cannabis at the following: motor vehicles, CTA property including buses and trains, school grounds, restaurants and bars, or any “public place”. Officers described a public place as “any place where a person can reasonably be expected to be observed by others such as streets, sidewalks, parks and playground and front porches”.

VS write, ” “We are pleased to welcome these exceptionally talented attorneys to Vicente Sederberg,” said VS Founding Partner Josh Kappel. “This expansion of the firm’s partnership, as well as the addition of a highly qualified attorney in the Bay Area, will create a host of new opportunities for our clients and further establish VS as a global leader on cannabis law and policy.”

Marijuana Moment reports, “The governor of the U.S. Virgin Islands (USVI) is calling the legislature into special session this month to consider adult-use marijuana legalization.”

Colorado Dept Of Revenue Document Updating Information on “Change In Ownership” of cannabis businesses

Brazilian pharmaceutical regulator Anvisa on Tuesday approved regulations for the roll-out of medicinal cannabis-based products but in a separate vote blocked a proposal to allow domestic medical marijuana plantations.

NZ media reports that political parties and organizations are already at loggerheads over the issue.

The NZ govt has now published a range of resources about the upcoming referendum in 2020 including text of the draft bill. Here’s the summary of positions and we also highlight some of what is said on the now published official website.

According to the Complaint, the Company made false and misleading statements to the market. HEXO failed to write down obsolete and valueless products causing it to misstate inventory. The Company engaged in channel stuffing schemes to inflate its financial performance. The Company also grew cannabis at a Niagara, Ontario facility not licensed by the Canadian government. Based on these facts the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about HEXO, investors suffered damages.

Makes things a bit more difficult when your businesses are only 5 miles apart and the difference between names is nigh on imperceptible..

Alaska is looking to be the first state with laws on the books regulating cannabis use in retail cannabis shops.

“The Food Standards Agency (FSA) confirmed this weekend that the edible products on sale in Britain are being treated as “novel foods”, which require special safety assessments before being sold to consumers. Food manufacturers must now apply for authorisation to sell the products or face the threat of unlimited fines and a sales ban.”

Elliott Rolfe has been named new team head….

Law.com hear from a number of GC on the Cannabis M&A environment in the US. They write, “Experts in the field discuss the underlying causes of recent mergers and acquisitions in the cannabis space either being changed significantly or abandoned entirely.”

“Violations include marketing unapproved new human and animal drugs, selling CBD products as dietary supplements, and adding CBD to human, animal foods”

Brad co-founded Green Light Law Group in 2015

The main reason for rejecting the application, was that another company in the US already has a trademark for the phrase “THC.”

“The Colorado Department of Revenue (“DOR”), in conjunction with the Colorado Department of Public Health and Environment (“CDPHE”), is issuing a health and safety advisory due to the identification of potentially unsafe levels of microbial contamination on retail marijuana and medical marijuana produced by several business. CDPHE and DOR deem it a threat to public health and safety when marijuana is found to have levels of total yeast and mold above the acceptable limits established in MED Rule M 712 and R 712.”