Cannabis investments are difficult enough when the investor is a U.S.-based person or entity. But things can get immensely more complicated when foreign investment is on the table. Today I want to highlight some of the top considerations for foreign investors and U.S. cannabis companies alike. 1. Legality could cause serious headaches To this day,
Despite continuously surpassing every other state with recreational cannabis in terms of total retail sales, California’s cannabis industry has faced continuous and far-reaching issues on multiple levels that have only spread even further. From declining sales that result in hundreds of millions less in total retail sales to a massive illicit market that the state
As states slowly but inevitably continue to legalize cannabis medically or recreationally, we often need to be reminded that cannabis is still illegal on the federal level. Due to this widespread, ineffective prohibition, the cannabis industry and its many operators must follow a very extensive and strict set of parameters to ensure that they remain
Throughout the course of both of his initial candidacy and eventual presidency, the businessman-turned-reality TV star-turned-President and Republican frontrunner for the 2024 election, Donald Trump, had a rollercoaster of a political relationship with cannabis reform. From previous supportive comments to appointing people who were perhaps the physical embodiment of the failures of the drug war,
Similarly to many career politicians who now support criminal justice reform after decades of supporting the most unjust policing and sentencing laws, President Joe Biden has been notably lacking in keeping the pro-cannabis and criminal justice reform promises he ran on in the contentious and chaotic election that was 2020. Along with still referencing the
For anyone who missed it last month, we have published a full recording and transcript of our webinar titled: “Attorney Insights on the Cannabis Industry 2024: Ask us Anything.” You can view the recording and transcript here. The webinar was well attended, and attorneys Vince Sliwoski, Griffen Thorne and Jesse Mondry answered a variety of
Every election cycle, we grade the many of the presidential candidates based on their track record with cannabis (here’s our summary of 2020’s main candidates). We kicked off 2024 with our analysis of incumbent President Joe Biden (Grade C), and followed up with Republican challenger Ron DeSantis (Grade C+), who recently dropped out of the
Welcome to part three in our series on cannabis and those who wish to lead us. In the first two posts, we covered Joe Biden (we gave him a “C”) and Ron DeSantis (R.I.P.; we gave him a “C+”). Today’s subject is Republican candidate Nikki Haley. She’s still around as of this writing and I’m
We recently kicked off our series of posts grading the presidential candidates on their cannabis stances (check out the first post, on Joe Biden). Today we turn to Florida Governor Ron DeSantis, who as of January 8 was a distant second in the race for the nomination to frontrunner Donald Trump. But with Trump facing
Big federal law changes in cannabis regulation are on the horizon. One area where I expect a lot of movement in the coming years is with respect to gun rights. I write on this topic fairly extensively, and you can see my links below. Today I want to talk about what changes I think are
