For the past 15 years, the global “War on Drugs” has shaped Mexico’s national security landscape. The Mexican government’s offensive against illegal drugs has taken two paths: head-on clashes with the cartels and significant updates to its drug policies. A brief timeline of events specifically affecting cannabis in Mexico is in order. In 2009, Mexico
For those of you familiar with the Philippines, you know that “President Rodrigo Duterte” and “war on drugs” are two parts of the same phrase. In the first two years of his presidency, Duterte sanctioned the killing of over 10,000 Filipinos who were connected in any way to the drug trade. But you might be
The City of Los Angeles is no stranger to change and struggle around its local cannabis industry. Since the passage of Proposition M back in 2017, the City has made great strides but also suffered significant setbacks in building its licensed cannabis marketplace. Even through the COVID-19 pandemic, this trend continues for Los Angeles and
Anyone who knows me knows that I really enjoy sports of all kinds. I was a college soccer player and played competitive club soccer in Florida before that from the age of 7 onward (and I now play in an adult co-ed league in Los Angeles). Unfortunately, COVID-19 has put the damper on watching live
In my ten years of advising and guiding cannabis companies from a corporate, transactional, and M&A perspective, and especially since 2012 (when Washington and Colorado legalized), every cannabis market in which I've worked has experienced a period of extensive business failures, consolidations, and market stress. And it's that time now for California cannabis (and that
At 5:30 p.m. yesterday, California Governor Gavin Newsom took a giant step forward in preventing the spread of COVID-19 by enacting a "Stay At Home" order (the "Order") across the state, mandating that California state residents remain in their homes, except to fulfill "essential" needs. The Order is in place seemingly indefinitely as Newsom would
Happy MLK Day! For our international readers, Martin Luther King, Jr. Day is a federal U.S. holiday marking the birthday of its eponymous civil rights hero. Dr. King was the chief spokesperson for nonviolent activism in the Civil Rights Movement, which successfully protested racial discrimination in federal and state law. Dr. King was assassinated in
California cannabis regulators are slowly getting into enforcement mode under the Medicinal and Adult-Use Cannabis Regulation Act ("MAUCRSA"). Ostensibly, enforcement to date has been around illegal sales and/or around the manufacturing of illegal products (like vape cartridges). It's only a matter of time though before enforcement becomes more sophisticated around licensing, including the state
As a corporate and transactional attorney focused mostly on cannabis, I see my fair share of financing documents and transactions involving cannabis operators. It's no secret many cannabis businesses can't get bank accounts or loans or lines of credit from financial institutions because of the Bank Secrecy Act and federal anti-money laundering laws -- despite
Last week, amid the impeachment turmoil, President Trump and Democratic leadership somehow agreed on a landmark international trade agreement. The package is generally referred to as USMCA (U.S-Mexico-Canada Agreement), or sometimes as NAFTA 2.0. Although the White House has not yet released a final copy of USMCA, its contents are widely known. As expected, USCMA
