Showing results for california cannabis countdown
The U.S. government reopened on Wednesday and promptly “closed the loophole” on intoxicating hemp products. I use those tacky quotes because I don’t believe there ever was a loophole. But now we can stop having those debates, I suppose, because Congress has sealed the deal. The ban on intoxicating hemp items comes via a continuing
Minnesota is the latest state to develop a secondary market for cannabis license sales. I’d call the Minnesota market “robust”, except that the Office of Cannabis Management (OCM) hasn’t issued all that many licenses in the first place. Still, one source recently estimated “at least 80” licenses recently posted for sale. It’s a real thing.
Last week, President Trump told reporters that his administration was considering rescheduling marijuana, and would make a determination over “the next few weeks.” It was good to hear an update on the issue, because things had stalled out since Trump took office in January. The cannabis industry is accustomed to operating in limbo, of course;
A federal appellate court has ruled that a New York cannabis licensing rule favoring in-state residents is unconstitutional, because it discriminates against applicants residing out-of-state. We have been tracking this case for the past couple of years — see our prior posts here and here. This decision by the Second Circuit Court of Appeals is
In fall of 2023 I wrote about the lawsuit to end federal prohibition that wouldn’t really end federal prohibition. Last July, a federal district court ruled against Canna Provisions et al. in that case. On Wednesday, May 27th, the First Circuit Court of Appeals upheld the lower court’s ruling. The First Circuit decision means the
In June 2023, Colorado Governor Jared Polis signed SB 23-271 (codified in C.R.S. 25-5-427 and regulated by 6 CCR 1010-24), a landmark bill regulating intoxicating hemp products in the state. This legislation followed recommendations from the Intoxicating Hemp Task Force, which was established a year earlier under SB 22-205. At a time when many states
As economists overwhelmingly question the Trump Administration’s tariff policy, one has to wonder if there is a deeper strategy behind his seemingly chaotic moves? While President Trump’s recent push for sweeping tariffs and saber-rattling on global trade might look like bluster or protectionism on the surface, there’s a theory that it’s something far more calculated—a
We always say we aren’t giving legal advice on this blog. Here’s some, though: don’t use or sign a contract given to you by a broker for a transaction, unless that broker is a real estate broker, and unless the form is a real estate purchase agreement. Even then, you almost certainly want lawyer eyes
Ability to source marijuana genetic material from outside Colorado Senate Bill 23-271, which went into effect in early 2024, aims to enhance Colorado’s marijuana industry. A key provision allows licensed marijuana cultivators to source “genetic material” from approved entities in other jurisdictions. Genetic material is defined as material used to propagate cannabis plants, including: Immature
It’s been a wild week in the rulemaking around marijuana rescheduling, to say the least. I’ve started writing about it a couple of times, only to be whipsawed by filings, rulings, prominent hot takes, prominent rebuttals, and more. All while trying to do my real job here at the firm. Below are my thoughts on
