CANNABIS LAW REPORT

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Cannabis Law News

Attorney Andrew Sacks Comments on PA Gun Law, Registered Medical Cannabis Patient Issue

17 hours 52 min ago
An overarching concept behind gun control is blocking the Constitutional right to bear arms for people who have been deemed a danger to the public, such as violent convicts. However, there is a controversial gray area where Pennsylvania’s gun laws intersect with its medical marijuana program.

SLAW Article: CanniMed Sues Aurora Cannabis for $725,000,000

18 hours 26 min ago
In the announcement, CanniMed indicated that the claim was for $725 million in damages resulting from the defendants’ (alleged) “unlawful actions that have negatively affected the appreciation of the value of common shares of CanniMed and prevented CanniMed from pursuing alternative change of control transactions for the benefit of the CanniMed shareholders.”

Seyfarth Shaw: Blog Post – U.S. Trustee Issues Warning to ALL Participants in the Cannabis Industry: Bankruptcy Relief May Not be Available, So Don’t Let Your Profits Go Up in Smoke

18 hours 30 min ago
The cannabis industry is forecasted to enjoy billions in sales revenue over the coming years; however, a certain percentage of businesses – even in growing industries like cannabis– always fail or need restructuring. The cannabis industry in particular is vulnerable to an uncertain regulatory environment that may impact a business’s ability to grow and satisfy creditors.

California Announces It Will Protect Cannabis Brands

20 hours 3 min ago
Businesses will only be able to secure a trademark in the State of California, leaving their intellectual property, branding, and other valuable assets defenseless nationwide

Free Webinar: Top 10 Cannabis Industry Trends for 2018

22 hours 17 min ago
Top 10 Cannabis Industry Trends for 2018.....

Colorado Dept of Public Health & Environment Publish Report “Retail Marijuana Education Program: Annual Report October 1, 2015 – June 30, 2017. v. 1 Annual Report Concerning the Retail Mari juana Education Program”

22 hours 23 min ago
This report outlines the activities pursuant to Colorado Revised Statute § 25 - 3.5 - 1001 through 25 -3.5-1007 to provide education, public awareness and prevention messages for retail marijuana. This report identifies the specific responsibilities of the Colorado Department of Public Health and Environment and outlines the progress made to ensure all Colorado residents and visitors understand the parameters of safe, legal and responsible use of retail marijuana.

MJ Biz Publish Free e-book for Dispensaries

22 hours 33 min ago
The write, "With newly-legalized states, ever-changing regulations, and evolving consumer trends it's more important than ever to be an informed cannabis dispensary entrepreneur."

Is Thailand About To Get Its First Legal Cannabis Grow ?

Wed, 01/17/2018 - 13:01
According to a report on www.khaosodenglish.com, "Rattapon Sanrak, founder of a group that advocates for cannabis legalization, said that although reported plans to build a plantation in Sakon Nakhon province aren’t a done deal, officials have taken positive steps by going ahead with the project."

Press Release: Alliance Financial Network To Work With States on 280E

Wed, 01/17/2018 - 12:56
"Alliance Financial Network is proud to announce that it will be entering into agreements with states to assist state cannabis businesses on working around the IRS 280E taxation and providing technology for banking services and chain of custody from seed to sale."

Western Regional Cannabis Business Association (WRCBA) Launches

Wed, 01/17/2018 - 12:52
American Trade Association for Cannabis and Hemp, Alaska, Hawaii, Montana, Oregon, Washington and Arizona form new regional business association as 60% of Americans now have access to legal cannabis state marketplaces

Australia Talks A Big Game But The Reality Is That Their Hemp Industry Is About As Effective As The English Cricket Team

Tue, 01/16/2018 - 08:31
OK... some of this analogy may be a bit foreign to our American readers. Reuters report. "Convoluted and restrictive licensing demands, substantial finance requirements and a guarded medical profession means even Australia’s largest marijuana companies are at least a year away from a commercial crop. And doubts linger about the prospects for smaller entities, belying the government’s ambitious plans to be the world’s leading exporter."

Danish Tomato King to Work With Aurora To Supply UK’s Medical Cannabis

Sun, 01/14/2018 - 09:03
A tomato farm near Odense is to establish the largest grower of medicinal cannabis in Europe in a joint venture with Canadian company Aurora.

Marijuana Policy Project Publish Strategy Plan For 2018

Sun, 01/14/2018 - 08:46
This is what they are looking to achieve in the forthcoming year.

Josh Horn, Fox Rothschild LLP, Comments On New Jersey’s Re-Introduction of Cannabis Related Assembly Bills

Sat, 01/13/2018 - 04:52
It's being reported that NJ Gov.-elect Phil Murphy received significant support this week for his goal to legalize marijuana within his first 100 days of office.

Press Release: 1stWEST M&A Wants To Bring More Canna Companies To Market For Acquisition

Sat, 01/13/2018 - 02:54
We guessed 2018 would be M&A year in the sector. It's starting earlier that we thought.

Canadians Not Far Off $CN1Billion Investment So Far In January For Canadian Cannabis Sector

Sat, 01/13/2018 - 02:41
"Through the first 10 days of 2018, companies closed on a variety of funding deals or announced financing plans worth at least 978 million Canadian dollars ($780 million), according to a Marijuana Business Daily analysis."

Columbia Believes It Could Supply 44% Of World’s Demand For Medical Cannabis

Sat, 01/13/2018 - 02:32
" Colombia could supply 44% of the global demand for medicinal marijuana in 2018 after the board of directors of the country’s Drug Control Fund authorized the harvest of 40,5 tons of this plant for export-only proposes."

Kentucky: House Bill 166 filed for medical cannabis legalization

Sat, 01/13/2018 - 00:16
A medical cannabis bill acquired support and has officially been submitted to the House of Representatives on Wednesday. State Rep. John Sims is the primary bill sponsor with State Rep. Alan Gentry as a cosponsor.

Latest New Frontier Data Research Suggest Feds Could Raise $132 Billion In Tax Revenue From The Cannabis Sector

Fri, 01/12/2018 - 06:12
An almost fantastical figure, but that's the number they are quoting.

LA Times Report: Rat poison from marijuana farms is harming federally threatened northern spotted owls, study finds

Fri, 01/12/2018 - 06:04
If there's one thing we love more than Cannabis, it'd be owls. So, we congratulate the LA Times for running this story and their other recent stories on the Cannabis Ag sector and environmental issues.