February 2024 “Cannabis Loans and Investments” Webinar Harris Sliwoski partner Vince Sliwoski focused on a constellation of important factors for both cannabis industry investors and businesses in 2024: What the increase in open state markets means for business and investments today; Current high interest rates and downward projections in the macroeconomic environment; Potential impacts of
It looks like a permanent Oregon cannabis license moratorium will finally take effect. I say “looks like” because key contingencies are still in play and, although things look promising, it could also get dicey as of March 31st-- or even sooner. In this post, I’ll explain what’s going on with House Bill 4121, which is
Washington House Bill 2320 Washington State has often led the way in progressive cannabis policies. However, the introduction of House Bill 2320 by the Washington State legislature could mark a pivotal shift in this trajectory. This bipartisan bill proposes to raise the minimum age to 25 years for purchasing and consuming products containing 35% or
The California Department of Cannabis Control (DCC) just published some new guidelines for cannabis cultivators following the passage of SB-833. Among other things, California will let cannabis cultivators reduce their canopy size and thereby reduce license costs. This will be a huge benefit. I write a lot about the woes that California's cannabis industry faces
A Tradition of Excellence For thousands of years, Native tribes across North America have harnessed the benefits of the hemp and cannabis plants. These plants have held sacred and significant roles in many Indigenous cultures, deeply intertwined with spiritual practices, medicinal applications, and traditional ways of life. It's no wonder, then, that Indigenous people are
Cannabis companies and (depending on the state) brands often use license agreements to grow their brands. If done correctly, they can be a huge driver of revenue for the brands and licensees, and can grow the good will of the brand across a particular territory. However, they are notoriously easy to botch. A bad license
In November 2012, Washington voters approved the production, processing, and retail sales of recreational cannabis within Washington state under what is known as Initiative 502 ("I-502"). Washington state then provided a regulatory framework for how the legalization of recreational cannabis production, processing, and retail sales would be regulated under what would become the Washington State
Our cannabis team has performed due diligence on countless business purchases, investments, loans, and just about every other kind of transaction you can imagine. As you can imagine, we've seen some pretty bad and even sketchy things over the years. With rescheduling on the horizon (see here and here), we expect to see an increase in loans, investments,
In the ever-evolving landscape of the cannabis industry, the use of non-disclosure agreements (NDAs) is becoming more prevalent as the demand for difficult to grow exotic strains increases and more brands and businesses flood the market. Previously we have blogged about the importance of NDAs to safeguard confidential business information. Cannabis businesses should continue to
Cannabis companies are often unclear about what edible products are legal to manufacture and distribute. While some cannabis edibles may be legal on a state level, federal regulations prohibit placing some cannabinoids in food altogether. This legal landscape is often confusing for cannabis edibles manufactures, who see their products as a natural expansion of cannabis
