california cannabis contracts
Canna Law Blog

Will California Soon Police Cannabis Contracts?

We recently wrote a post entitled, “Cannabis Collections Headaches and What to Do.” In it, she discussed a problem that’s been plaguing California cannabis businesses throughout: distributors and retailers that don’t pay their bills. Towards the end of the article, she mentioned a piece of proposed legislation to address the problem, AB 766, which would

twitter cannabis advertising
Canna Law Blog

Twitter to Allow Some Cannabis Advertising

Until recently, all of the “big” social media companies banned U.S. companies from cannabis advertising on their platforms. At the same time, they imposed pretty unclear and inconsistent requirements on hemp advertising (in this post, when I refer to “cannabis” I mean only “marijuana” consistent with many states’ definitions of the term). All of this

cannabis loans
Canna Law Blog

Top Five Cannabis Loan Issues

As we inch closer to a cannabis recession, businesses are desperately looking for new ways to stay afloat. A few years ago, our cannabis attorneys saw equity investments left and right. It seemed like everyone wanted to own a piece of a cannabis business. But as things grow more precarious for the industry as a

medical cannabis
Canna Law Blog

Kentucky (Kind of) Decriminalizes Medical Cannabis

On November 15, 2022, Kentucky Governor Andy Beshear issued an executive order intended to decriminalizes medical cannabis. This is one of the most interesting  executive orders we’ve seen in a bit – and that’s saying something after the last six years in this country. Let’s take a look at exactly what it does. It’s worth

second circuit
Canna Law Blog

Second Circuit Denies Challenge to Marijuana’s Schedule I Classification

People in the cannabis industry know that marijuana is federally classified as a schedule I controlled substance. Schedule I means the drug has no recognized medical value, has a high potential for abuse, and cannot be safely administered even under a doctor’s supervision. Other schedule I drugs include heroin, methamphetamine, and several psychedelic substances including

florida primary elections cannabis
Canna Law Blog

The Florida Primary Election and Cannabis

The Florida primary election is approaching, meaning it’s time for voters to learn about candidates. Here is what some of those vying for statewide office have to say about cannabis. Governor The two leading Democratic candidates in the Florida gubernatorial primary support cannabis reform. Agriculture Commissioner Nikki Fried self-describes as “Florida’s leading statewide advocate on

constitutional lawsuit end federal cannabis prohibition
Canna Law Blog

Here We Go! The Latest Lawsuits to End Federal Prohibition

High profile lawsuits to end cannabis prohibition are nothing new. We’ve covered efforts going back several years, though none of these has succeeded. A recently announced attempt, though, may be the best chance yet– especially given the changing environment with cannabis legalization in so many states; and especially given Constitutional jurisprudence relevant to those changes.

safe banking act
Canna Law Blog

Signs of Life for the SAFE Banking Act?

The SAFE Banking Act has languished in Congress since early 2017, a victim of political gridlock and division, as well as political wrangling over broad approaches to cannabis legalization.  We last covered the SAFE Banking Act in February, when it looked as though 2022 would be the sixth year in which this bill would die.

fintechwebcannabis
Canna Law Blog

Top Cannabis FinTech Companies in Web3

Cannabis companies are largely behind the curve in Web3, but in the past few months some top cannabis companies have emerged in the Web3 ecosystem to join the old guard. The connection between cannabis and Web3 may not be apparent at first glance, but both industries are relatively nascent, semi-regulated, and attracting some of the

more act cannabis legalization
Canna Law Blog

Cannabis Legalization: MORE Act Again Clears the House

Yesterday, March 31, 2022, the House of Representatives again voted to end federal prohibition of marijuana by removing it from the list of banned substances. The bill—the Marijuana Opportunity Reinvestment and Expungement Act (the MORE Act)—passed by a vote of 220-204, largely along party lines. Next the bill goes to the Senate for approval, where