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Canna Law Blog

Grading the Presidential Candidates on Cannabis: Donald Trump

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,

thca
Canna Law Blog

Thoughts on THCA, Interstate Sales…. and Oregon

Friend of the firm Andrew DeWeese published a recent LinkedIn post on Oregon’s outlying stance on THCA the other day, and the priorities of local industry advocates. I wanted to highlight that post and discuss today– it’s a compelling post and I have all sorts of thoughts about it. Here it is: Let’s break it

california illegal cannabis
Canna Law Blog

California Gives Up on the Illegal Cannabis Market: Another Update

California publishes quarterly data concerning its “enforcement” efforts against the illegal cannabis market. Over the last couple of quarters, I’ve gotten in the habit of analyzing this data (see here for Q3 2023, and here for Q2 2023). I’ve been blogging here since 2018 and my opinion is that the state is doing very, very

RFK Jr., a presidential candidate, in a suit and tie standing in front of a sign.
Canna Law Blog

Grading the Presidential Candidates on Cannabis: RFK Jr.

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

gun rights
Canna Law Blog

Cannabis and Gun Rights: Predictions for the Future

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

close corporation
Canna Law Blog

What is the Deal with California Close Corporations?

We spill a lot of ink on the Canna Law Blog talking about different types of business entities that cannabis entrepreneurs often use. In most cases though, the choice is between LLC and corporation. It may come as a surprise to some readers that some states have many different subcategories of corporations, including California. Today

cannabis contract
Canna Law Blog

Executing Cannabis Contracts

I spend a LOT of time blogging about the importance of written cannabis contracts as a general concept (most recently here or here). Today I want to talk about something that a lot of people overlook when it comes to cannabis contract drafting: how the contract will actually be signed. You may think this is

cannabis business
Canna Law Blog

The Top Four Risks for Cannabis Businesses and Investors in 2024

2024 is going to be a crazy year for cannabis businesses and investors. Among many other things, there will be a general election, possible rescheduling to Schedule III of the Controlled Substances Act (CSA), an upcoming Farm Bill that could re-tool how hemp and hemp products are regulated, and maybe even some federal cannabis legislation.

cannabis contracts
Canna Law Blog

Don’t Use AI to Write Cannabis Contracts

One of the most persistent and common failures in the cannabis industry is using handshakes instead of written cannabis contracts. This is an issue I’ve written about for years (most recently here), and it doesn’t seem like there has been much of a willingness to change. A lot of companies would like to move into

cannabis loan due diligence
Canna Law Blog

What Lenders Look for In Cannabis Loan Due Diligence

You may think that due diligence is something reserved for business or real estate purchases. But due diligence is also a must for lenders in cannabis loan transactions. I recently wrote a post about what borrowers can look forward to in cannabis loan transaction. Today I want to do a deeper dive into due diligence