USA Wrap: Business, Courts, States, Connecticut, Massachusetts, Ohio

BUSINESS

Merging Alcohol and Cannabis – Is This the Future of the Marijuana Industry?

‘Virtually all’ alcohol firms eyeing cannabis: Q&A with ex-Coors exec & new Sundial CEO

 

COURTS

Title: Dismissal of “Marijuana” Bankruptcy Not Automatic as Bankruptcy Appellate Court Overturns Dismissal of Bankruptcy Case of Landlord Debtor with Dispensary Tenant

Author: Seyfarth Shaw

Date: 20 March 2017

URL: https://www.blunttruthlaw.com/2018/03/dismissal-of-marijuana-bankruptcy-not-automatic-as-bankruptcy-appellate-court-overturns-dismissal-of-bankruptcy-case-of-landlord-debtor-with-dispensary-tenant/?utm_source=Seyfarth+Shaw+-+The+Blunt+Truth&utm_campaign=b91b869fb3-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_b58220fdbe-b91b869fb3-72758269

Extract: 

In a noteworthy decision, the Bankruptcy Appellate Panel for the Ninth Circuit overturned a dismissal of a bankruptcy case, which the lower court had dismissed based on its belief that the landlord debtor was receiving rental income from a marijuana dispensary.  The decision is significant because it holds that a bankruptcy cannot be dismissed simply because of the mere presence of a marijuana business or related proceeds in the case.  Rather, under this decision, the dismissal of a bankruptcy must be supported by specific factual findings that demonstrate that the debtor violated federal law or that the bankruptcy trustee would be required to administer proceeds of a (federally) illegal business.

STATES

CBD limits loosening in states written off by marijuana reformers

COLORADO

Colorado Lawmakers Form Colorado Cannabis Caucus

 

CONNECTICUT

Title: Democrats and Republicans Unite to Reject Marijuana Legalization Bill In Committee

Author: Hartford Courant

Date: 20 March 2018

URL: http://www.courant.com/politics/hc-pol-committee-on-pot-20180320-story.html

Extract: key legislative committee rejected legalizing recreational marijuana by an 11 to 6 vote Tuesday, with Republicans and Democrats joining to defeat the measure.

The vote by the general law committee was considered the best chance for a legal marijuana bill to make it out of a legislative committee for consideration by the General Assembly.

The general law committee was deeply split with strong remarks on both sides for and against recreational marijuana before the measure was defeated.

 

 

MASSACHUETTS

Licensing for Some Massachusetts Rec. Cannabis Businesses Opens Apr. 2

OHIO

STATE MEDICAL BOARD OF OHIO NOW ACCEPTING APPLICATIONS FOR CERTIFICATES TO RECOMMEND

 

The State Medical Board of Ohio is now accepting applications for a certificate to recommend (CTR) under the Ohio Medical Marijuana Control Program. MDs and DOs with a full, unrestricted Ohio license are eligible to apply. Full requirements are outlined in HB523 and medical board rules OAC 4731-32, they include completion of an OSMA-approved or OOA-approved, 2-hour CME course on the subject. There is NO fee for the CTR.

Visit the medical board’s website to learn more about the process and to start your application.

 

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