Washington State in a Sticky Edible Limbo
Written by Taylor Ulrich, J.D. Producers of edible marijuana products in Washington State have found themselves in a sticky edible limbo. Should their California counterparts be on edge? Let’s take a look. What happened in Washington? Earlier this month, Washington’s Liquor And Cannabis Board (WLCB) handed down an unexpected decision. The board announced it would reverse […]
Legal CBD? The Reclassification of Epidiolex
Written by Elizabeth Kozlov In June 2018, the Federal Drug Administration (FDA) approved Epidiolex for the treatment of seizures associated with Lennox-Gastaut Syndrome and Dravet Syndrome—two rare and severe forms of epilepsy. Following that decision, on September 27, 2018, the United States Drug Enforcement Administration (DEA) also approved the use of Epidiolex for the treatment of […]
Proposition 64: Relief Is Easier
As most know, Proposition 64 offered conviction relief for many cannabis offenses. Proposition 64 reduced or eliminated criminal penalties for cannabis cultivation, sales, possession with intent to sell, possession, and transportation. And, this change in law was retroactive, meaning people with old convictions could have felonies redesignated as misdemeanors for all purposes, misdemeanors designated as […]
Sweet Relief: New Laws Provide Respite with Provisional Licenses
While Jerry Brown has not been the biggest proponent of cannabis during his time in the Horseshoe of Sacramento, he has proven this year that he generally respects the voters’ decision to legalize adult use cannabis in California. Marking the end of the 2018-19 legislative session and his final term as Governor of California, Brown […]
Cross-Border IPOs: US and Canadian Cannabis Companies find that the Grass is sometimes Greener on the Other Side
Written by: Taylor Ulrich, J.D. The budding cannabis industries in both the United States and Canada have an eye on the green – and I don’t mean cannabis. While the legal cannabis industry continues to grow state by state in the US, cannabis is officially legal for purchase by adults in Canada nationwide as of […]
CBD – Can’t Mail It Because it’s Kind of Not Legal
CBD seems to be everywhere, from all over the news to local pet stores. Given its proliferation, it is easy to assume that CBD, particularly CBD derived from industrial hemp, is completely legal under state and federal law. But, it is not. According to the DEA, CBD remains a Schedule I Controlled Substance and mailing […]
Higher Than Ever Before
Written by Taylor Ulrich, J.D. Los Angeles International Airport recently published the current position of the Los Angeles Airport Police Department by updating its public cannabis policy on its website stating that the department “will allow passengers to travel through LAX with up to 28.5 grams of cannabis and 8 grams of concentrated cannabis”. While […]
Crackdowns in California: Scare Tactic or Simply Scary?
The Bureau of Cannabis Control (BCC) is cracking down heavily on illegal businesses, or so it wants you to think. As California entered its ninth month of operating in the regulated cannabis market, the BCC widely announced two enforcement actions on unlicensed businesses in the state, one against a Costa Mesa dispensary and the other […]
California to Eliminate Cash Bail System
Written by Elizabeth Kozlov On August 28, 2018, California Governor Jerry Brown signed a piece of trailblazing legislation that is set to revamp California’s cash bail system. Senate Bill No. 10, also known as the California Money Bail Reform Act, is set to go into effect on October 1, 2019. The new law passed in […]
Choosing the Best Entity for your Cannabis Company (Not just Corp vs. LLC)
Written by Abraham Finberg, CPA and Simon Menkes, CPA Traditionally, deciding on the best entity for a business involves a comparison of the Corporation versus the LLC, with a few nods to Partnerships and Sole Proprietorships thrown in. However, if you decide to go into the cannabis business, choosing a corporation is a bit more complicated […]