Gambling on Sports May Be a Bad Bet for Marijuana
The law at issue in the Murphy case, the Professional and Amateur Sports Protection Act, did “not make sports gambling a federal crime … Instead, [it] allow[ed] the Attorney General … to bring civil actions to enjoin violations.”
IRC 280E DOES NOT APPLY TO LAWFUL INDUSTRIAL HEMP BUSINESSES
Rod Kight is a lawyer based in Asheville, NC. He is licensed in North Carolina and Oregon and represents legal cannabis businesses. You can contact him by clicking here.
Is the ‘Midwest Turnabout’ Becoming a CBD Trend?
The “Midwest Turnabout”, the name I’m giving to a rapid about-face on CBD policy that started with Indiana, appears to be turning into a trend.
A TOUGH WEEK FOR CBD: THE HIA V. DEA RULING AND A WISCONSIN POLICY UNDERLINE NEED FOR CLARITY
CBD is having a tough week. The Court issued an unfavorable ruling in the HIA v. DEA case and Wisconsin issued a “Guidance” letter explicitly stating that CBD from industrial hemp is illegal in the state. I’ll discuss both. I. HIA v. DEA. A little over a year ago the...
The McConnell Hemp Bill and Federal Preemption
The most notable thing about The Hemp Farming Act of 2018, S. 2667, introduced by Senator McConnell on April 12, 2018 (Hemp Bill), is that it will make hemp lawful throughout the country at both the federal and state levels. This is huge. When advising my clients about industrial hemp we invariably discuss the difficult issue of which states they should avoid. The Hemp Bill fixes that problem.
What Does 420 Mean To You?
For the cannabis industry, 420 means profits. According to a recent report in USA Today, “marijuana stores across the country could sell more than $1 billion worth of cannabis” on April 20.
Semantics Matter in the Law: An Analysis of the FDA Notice Regarding Cannabinoids
Rather than focus this article on the particulars of the FDA request for comments on cannabinoids under docket FDA-2018-N-1072, I am going to use the FDA notice as a vehicle for discussing the use of tricky semantics by the FDA and DEA, which I posit is both intentional and effective in its current war on cannabinoids. This is the sentence on which I’m going to focus:
A Letter to Industrial Hemp and CBD Businesses: Part 2
The DEA has been less than helpful with respect to CBD. State law enforcement officers, and even hemp agriculture commissioners, generally have a very poor understanding of its legal status.
A Letter to Industrial Hemp and CBD Businesses: Part 1
The US industrial hemp industry continues to gain momentum. I have personally witnessed a significant increase in business development, government action, and public awareness, particularly with respect to three categories of hemp products.
Is Congress About to Fix Marijuana Banking?
The problem is the federal government. Specifically, the primary reason there is a dearth of real banking options for the industry is the fact that marijuana remains an illegal drug at the federal level.
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