Puerto Rico has taken an important step on the road to economic recovery, with the approval by a federal judge of “the largest municipal debt restructuring in U.S. history.” As the island looks for a fresh start, it should adopt a forward-thinking legal framework that allows it to harness the vast economic opportunities presented by
Not many people get excited about revisions and updates to the very dry National Institute of Standards and Technology (“NIST”) handbooks. For example, the NIST 44 Handbook contains the “Specifications, Tolerances, and Other Technical Requirements for Weighing and Measuring Devices.” The handbooks are adopted every year at the annual National Conference on Weights and Measures
The legal landscape in the Cannabidiol (CBD) sector is changing quickly, especially for CBD-infused food products. Companies looking for business opportunities involving CBD-infused food products are well advised to keep an eye out to new developments. In the European Union one can notice a change in perspective regarding CBD, its danger and use. This can
Happy MLK Day! If Martin Luther King Jr. were alive today, he would almost certainly advocate to end the War on Drugs. Dr. King never spoke publicly about drugs or cannabis in particular: he was assassinated in 1968, two years before President Nixon signed the Controlled Substances Act (CSA). But it is well established that
From startups to multi-state operators, most cannabis businesses will engage legal counsel at some point. All of these companies – but especially smaller ones or less experienced ones – need to grapple with the question of what the role of a lawyer in cannabis deals will be. This can be a difficult question to answer.
Spotify AB (“Spotify”) has prevailed in two opposition proceedings it brought against the registrations of two POTIFY marks, which were applied for by U.S. Software Inc. (“U.S. Software”), in connection to its Potify platform. According to U.S. Software, Potify is “a backend software platform designed for legal marijuana dispensaries to market and sell their products.”
The War on Drugs was a failure. It did not stop the drug trade. It just grew the prison system. The War on Cannabis continues through aggressive state and local enforcement and prohibition measures with no end in sight. And we have a massive illicit market. This is all very bad and we collectively need
The registration of cannabis trademarks in the United States raises novel issues. This is an unsurprising result of the uneasy coexistence between expanding legality at the state level, and ongoing prohibition at the federal level. Cannabis businesses need to keep these issues on their radar when crafting brand strategies. At the same time, however, they
In the cannabis industry, many relationships don’t last. One of the top questions our cannabis lawyers get is “how do I terminate my cannabis contract”? Despite clear contract termination provisions, terminating a cannabis contract can be a very difficult. Today, I’ll examine how cannabis contracts can be terminated. Contract termination provisions The first place I
Many investors and cannabis businesses are keen on opportunities to participate in financing rounds. As with any other investment or business venture, financing rounds for cannabis operations carry various risks. Investors and businesses looking to participate in these financing rounds naturally wonder how to insure cannabis financing, and what insurance options are available to protect
