Category: One-Hit Wonders

Article: Illinois Cannabis Regulation and Tax Act – What You Need to Know

Article: Illinois Cannabis Regulation and Tax Act – What You Need to Know

Adam Gutman & Anna Wermuth write for Cozen O’Connor, “This new law makes it legal to purchase and consume cannabis in the state of Illinois and includes protections for employees who choose to use cannabis while away from the job. In light of these protections, Illinois employers should take affirmative steps to ensure compliance and to avoid missteps.”

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How Cannabis Entrepreneurs Maximize Their Capitalization Opportunities

How Cannabis Entrepreneurs Maximize Their Capitalization Opportunities

Jason Paltrowitz, OTC Markets Group writes, “As with any new, developing industry, there are barriers to entry and significant growth challenges to navigate. That said, we’re seeing a perfect storm in this sector, companies being built, market structure and compliance guidelines in place, and investors recognizing the sector is ripe for investment.”

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Podcast: Canna We Talk Cannabis? Emerging Topics in Cannabis Law

Podcast: Canna We Talk Cannabis? Emerging Topics in Cannabis Law

Carlton Fields law firm say, “The cannabis industry is rapidly expanding in the United States, with multiple jurisdictions and corporations seeking to accommodate the evolving cannabis market. Carlton Fields attorneys Kevin McCoy and Jennifer Tschetter discuss the emergence of cannabis as a billion-dollar, mainstream industry; explore its impact on corporate clients; and analyze the ever-evolving legal landscape in this space.”

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Article: Locke Lord – LOUISIANA RESIDENTS FINALLY HAVE ACCESS TO MEDICAL MARIJUANA

Article: Locke Lord – LOUISIANA RESIDENTS FINALLY HAVE ACCESS TO MEDICAL MARIJUANA

Ryan Holz writes, “In 2015, Louisiana lawmakers legalized medical marijuana. It took four years, but sales are finally set to begin this week after the Department of Agriculture cleared the first product for release.”

Louisiana’s medical program is limited. Louisiana has licensed only two cultivators—the Louisiana State University and Southern University agricultural centers. The Southern University grower, Ilera Holistic Healthcare, only planted its crop two weeks ago, and thus will not have any product available until the fall. So it is only LSU’s grower, GB Sciences, that is providing product to the nine pharmacies licensed to dispense. Louisiana has also licensed only 88 doctors to prescribe/recommend medical marijuana.

The fact that medical marijuana is available in Louisiana at all shows how far marijuana legalization advocates have come, but the serious restrictions on the program show there is a long way to go. In other states, including Illinois, a robust medical marijuana program both increased public acceptance of marijuana and provided a critical base of infrastructure for the opening of a recreational market. In Louisiana, even if the medical program is successful and support grows for recreational legalization, the infrastructure simply will not be there for a quick transition. In other words, it will likely still be a while before recreational marijuana is added to the offerings up and down Bourbon Street.

Stay connected to our blog for more updates on Louisiana and other cannabis-related activity through the country.

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Locke Lord Podcast: The Joint Status Report, A Cannabis Industry Podcast

Locke Lord Podcast: The Joint Status Report, A Cannabis Industry Podcast

In the second episode of The Joint Status Report, Chicago partners Doug Sargent and David Standa discuss recent key events that impacted the cannabis industry, including the industry’s response to the FDA’s warning letter to Curaleaf (:46), Cresco’s announcement of its Sunnyside dispensaries (3:42), and the concerning trend of municipalities across the country opting out of permitting recreational marijuana sales (9:05)

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Article – Hogan Lovells: Regulation of cannabis in Italy: Use in food and cosmetics

Article – Hogan Lovells: Regulation of cannabis in Italy: Use in food and cosmetics

“In Italy the cultivation and the industrial use of hemp has a long tradition and recent changes in law have led to a revival. While a law enacted in 2016 promotes the cultivation of hemp as a mean to preserve biodiversity, and to reduce the environmental impact in the agriculture, hemp-derived products for human consumption are still subject to restrictions. A recent judgment of the Italian Supreme Court, delivered in joint session, has the last word on the supposedly legal cannabis.”

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Article – Thompson Coburn LLP: What’s new for medical cannabis facilities after the Cannabis Regulation and Tax Act

Article – Thompson Coburn LLP: What’s new for medical cannabis facilities after the Cannabis Regulation and Tax Act

On June 25, 2019, Illinois Governor J.B. Pritzker signed into law the Illinois Cannabis Regulation and Tax Act (“CRTA”), making recreational cannabis use legal for adults 21 and older. Additionally, the CRTA addresses the following topics relevant to facilities currently operating under Illinois’ 2013 Compassionate Use of Medical Cannabis Pilot Program Act (the “MCPPA”):

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Article: TTAB Harshes Vibe

Article: TTAB Harshes Vibe

The Trademark Trial and Appeal Board (“TTAB”) reiterated once again that you cannot register marijuana marks at the federal level. The TTAB announced its decision on July 16, 2019, rejecting Canopy Growth Corporation’s, a Canadian corporation, trademark filings for marijuana vaporizers “Juju Rx” and “Juju Hybrid.” In re Canopy Growth Corporation by assignment from JJ206, LLC, Serial Nos. 86475885 & 86475899 (TTAB, July 16, 2019). Write Kris Kappel & Liam Reilly 

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Article: Recap: Senate Committee Holds Hearing on Cannabis Banking

Article: Recap: Senate Committee Holds Hearing on Cannabis Banking

The hearing was split into two witness panels. The first panel was a bipartisan pair of Senators representing two of the states with the most mature adult use cannabis industries: Sen. Cory Gardner (R-CO) and Sen. Jeff Merkley (D-OR). As state laws and attitudes around cannabis have evolved, the support that has come from historically left-of-center legislators has expanded across the aisle. Sen. Gardner is the leading Republican voice for federal reform in the Senate and he used the hearing to advocate for federal action.

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Bridge West Article: The Importance of Proper Crop Insurance

Bridge West Article: The Importance of Proper Crop Insurance

One of the benefits of hemp and CBD businesses is the increased access to traditional business services, like banking, insurance, payroll, etc.  Our clients are investing a significant amount of time and resources into their hemp and CBD operations.  It is important to protect those investments by obtaining the proper crop insurance.

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Article: In the Weeds: Marijuana Legalization & Employment Laws

Article: In the Weeds: Marijuana Legalization & Employment Laws

In this rapidly changing landscape, many employers are left wondering how marijuana legalization will impact their workplaces, including (1) whether employers can deny employment to applicants or discipline employees who test positive for marijuana, even in a state where marijuana use is legal; (2) whether employers need to modify their workplace policies to address marijuana use; or (3) whether employers have a duty to accommodate medical marijuana use, either at work or outside the workplace. This article summarizes the current, confusing framework of federal statutes, state statutes, and judicial decisions addressing employers’ rights and obligations relating to marijuana use, and provides practical advice for employers in states where medical or recreational marijuana use has been legalized.

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Cannabis Legal Group Article: Why Your Cannabusiness LLC May Want To Be Taxed as a C Corporation

Cannabis Legal Group Article: Why Your Cannabusiness LLC May Want To Be Taxed as a C Corporation

Cannabis Legal Group write …The Limited Liability Company (LLC) is a flexible business structure that offers limited liability protection to its owners. For many business owners, it is a preferred type of business entity because it is generally cheaper and easier to set up a LLC, you can structure it to be member-managed or manager-managed, and it avoids the “double taxation” that C Corporations are subjected to.

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Seigfreid Bingham, PC

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Our lawyers have years of combined experience in all the practice areas related to the cannabis industry. Our services are tailored to assist producers, retailers,...

 Legal /  United States

Sydney Criminal Lawyers is an experienced team of specialist criminal defence lawyers who work together to ensure clients achieve the best possible outcomes in their...

 Legal /  New South Wales

Your HR Bud LLC

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Chris Youmans - Human Capital Advisor to the Cannabis Industry Grow Your Team to Grow Your Business! We serve an exclusive client base in a...

 HR /  United States

Boutique accounting firm that specializes in helping clients in the legal cannabis industry. We represent clients all over the United States, both plant-touching and ancillary....

 Accounting and Tax /  United States

Cannabis law and commentary on legislative updates. Tom Howard has actively researched and served the cannabis industry legal needs since 2010. He has frequently published...

 Legal /  Illinois

Green Entrepreneur

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How-to guides, ideas and expert insights for entrepreneurs looking to start and grow a cannabis business. Read The Latest News [feedzy-rss feeds="https://www.greenentrepreneur.com/latest.rss" max="10" feed_title="no" refresh="12_hours"...

 Publications /  United States

Dama Financial

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Dama Financial, through its partner banks, provides cannabis-related business with access to a secure, transparent banking solution that allows cannabusinesses to secure their cash, make...

 Banking & Finance /  California

CaliExtractions

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Since 2014 Caliextractions has been Northern California’s premier producer of essential oil extractors, located in Sacramento. We specialize in Aircraft Aluminum and Stainless Steel Extractors....

 Products /  California

The Law Office is a multi-attorney firm with offices in the DC area, Denver, and West Virginia. We represent clients in employment and occupational safety...

 Legal /  United States

Wake and Bake Daily

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Get toasted on a daily basis with Wake and Bake Daily. Take a look a the Cannabis industry from a different viewpoint. Recent Posts [feedzy-rss...

 Media/News /  United States

Cannabis Consulting Nationwide is a leading resource and consultant for new retail cannabis stores and owners. Using our first-hand experience building a successful and legally...

 Consultant /  Washington

Find in-depth information for growers at moldresistantstrains.com Mold Resistant Strains is owned by Jared Cox, a medical cannabis grower and seed strain collector in Hawaii....

 Products /  United States

Cultiva Law

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Cannabis Attorney in Oregon & Washington. We understand your unique cannabis business, legal, and compliance needs. We are thought-leaders and consistently receive amazing reviews from our former...

 Legal /  United States

aBIZinaBOX Inc

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The Cannabis Practice Group ["CPG"] of aBIZinaBOX Inc. CPA's serves commercial cannabis industry businesses in California. The CPG have experienced > 250% growth over prior...

 Accounting and Tax /  California

Hanson Bridgett

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Hanson Bridgett is a law firm with more than 150 attorneys in offices in San Francisco, Sacramento, the North Bay, the East Bay and Los...

 Legal /  California

Langlois

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Our specialized cannabis team is composed of lawyers with expertise in business law, labour and employment law and information technology law. They have the experience...

 Legal /  Canada

Brownson • Norby, PLLC is a Minnesota law firm with a national practice. We provide legal services in a wide range of areas including insurance...

 Legal /  Minnesota

MG Miller

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MG Miller is a modern intellectual property boutique located in Manhattan’s Financial District. Working primarily with startups and entrepreneurs, we create intellectual property portfolios that...

 Legal /  New York

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  • Hansen v. U.S. Dept. of Homeland Security

    911 F.3d 1362 (Fed. Cir. 2018)Employee was properly dismissed from his position after a positive drug test because the Department of Homeland […]

  • Horn v. Medical Marijuana, Inc.

    15-701 (W.D.N.Y. 2019)CBD byproduct from the extraction process is essentially a resin extracted from cannabis, which in 2012 fell within the […]

  • Sena v. New Mexico Dept. of Health

    No. D-101-CV-2016-01971 (N.M. Dist. 2018)The purpose of the Lynn and Erin Compassionate Use Act is to assure medical cannabis patients in New Mexico […]

  • Eplee v. City of Lansing

    2019 Mich. App. LEXIS 1320 (Mich. Ct. App. 2019)A company is not required to change its drug policy to allow a medical marijuana patient to […]

  • Llamas v. Titus

    No. 2018-0516 (Del. Ch. 2019)Following the death of his co-member, the remaining member and manager of a cannabis company, amended an operating […]

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The Marijuana Times Says Illegal Cannabis Oil Sales Are Linked To National Outbreak of Lung Damage https://t.co/4Tu1Ml4umg

American Legislative Exchange Council (ALEC) Suggests Cannabis "Model Policies" At 46th Annual Meeting https://t.co/1f9lGD9iGK

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