It’s easy to get excited about the cannabis industry when you hear that legal cannabis sales in the U.S. grew 30 percent in 2020 to a whopping $22 billion, outpacing the $17.5 billion spent on wine. If you’re a savvy, experienced businessperson, you might mistake...
Watching the hypocracy of Sha’Carri and her punishment unfold has been challenging. Right out the gate, President Biden’s response is tone deaf as ever on the subject. Throwing in at the end that he is proud of her response, which was her acceptance of responsibility...
The allure of the cannabis business has cast its net long and wide over the entire nation. Some states are already seeing the revenue generated from marijuana sales reach into the billions. Still, banking within the cannabis industry remains a prickly issue. Despite a glimmer...
What has long been a major handicap to the cannabis industry may finally be coming to an end. As federal law currently stands, financial institutions in states where marijuana is still illegal cannot provide services to cannabis-related businesses. For these banks, proceeds from cannabis-related transactions...
In a move that comports with New Jersey’s recent legalization and decriminalization of marijuana, the state’s Attorney General directed law enforcement agencies to stop arrests for minor marijuana offenses and for prosecutors to immediately dismiss all such pending criminal charges. The policy change comes at...
In a move that could signal a change in the U.S. Drug Enforcement Agency’s approach, the DEA has notified marijuana grower applicants that they soon will be able to register as authorized entities to produce marijuana for research purposes. Prior to this announcement, there was...
The State of Minnesota is poised to join the ranks of the more than half of all U.S. states that have legalized the use of the marijuana flower for medical purposes. Currently, in Minnesota, medical marijuana is only legal if it is in the form...
Paving the way for global medical research, the United Nations Commission on Narcotic Drugs voted in December 2020 to remove cannabis from Schedule IV of their drug classification list. Schedule IV also includes dangerous and highly addictive drugs such as heroin and fentanyl. The reclassification, which garnered...
How Cannabis Laws Impact Professional Sports Cannabis-focused law firm Cultiva Law looks at the the changes around sports and cannabis laws as the herb becomes increasingly more mainstream. This article first appeared in Cannabis Now. By Thomas Butcher Throughout history, professional athletes have been punished by teams, leagues and...