The Alabama Medical Cannabis licensing process has officially entered Groundhog Day territory. After previously directing that the AMCC participate in limited, expedited discovery (including the deposition of up to six commissioners and staffers), late last week the court ordered the AMCC and the challengers to meet and confer to determine whether a compromise can be

The budding cannabis industry, despite its rapid growth and gradual acceptance in recent years, still faces a major sustainability challenge: Cannabis businesses cannot deduct most ordinary business expenses. Under Internal Revenue Code Section 280E, no tax deduction or credit is allowed for amounts paid or incurred in carrying on a business if the business consists

Hold the phones, Alabama medical cannabis integrated applicants (and probably dispensary licensees). Last night the Montgomery County Circuit Court issued three orders that will at least temporarily pause the issuance of the integrated (and, again likely, dispensary) licenses:

  1. The Alabama Medical Cannabis Commission is temporarily restrained from issuing the medical cannabis licenses it awarded at

We told you it may be coming, though we were admittedly cynical about the ability to pass a bill funding psychedelic research given the current political landscape — a narrowly controlled Democratic Senate that is generally considered more conservative than the House and on the eve of an election year. But, it happened.

Yesterday the Alabama Medical Cannabis Commission(AMCC) awarded the five coveted licenses in the Integrated Facility category. The five licenses were awarded to:

  1. Trulieve AL
  2. Sustainable Alabama
  3. Wagon Trail Med-Serv
  4. Flowerwood Medical Cannabis
  5. Specialty Medical Products of Alabama

In an unprecedented turn of events, Trulieve AL was awarded a license as the statutorily required 1/5 minority

I feel like Bill Murray’s character in Groundhog Day. I keep writing the same blog post in some way heralding the Alabama Medical Cannabis Commission’s awarding of licenses to would-be operators. Well, on Friday it happened again for all license categories except the Integrated Facility category. The 20 licenses awarded were:

Cultivators

  • CRC of

Every election it seems like the country inches closer to cannabis being legal at the federal level. Until that day comes, however, the question of whether those in the cannabis industry can seek bankruptcy relief remains. Because cannabis remains illegal under the federal Controlled Substances Act (CSA), for the past decade bankruptcy courts have routinely

A few weeks ago, the Ninth Circuit Court of Appeals in  Aggarwal v. U.S. DEA directed the U.S. Drug Enforcement Agency (DEA) to reconsider its decision not to transfer psilocybin from Schedule I to Schedule II. 

Since at least 2021, Dr. Sunil Aggarwal has been working to legally obtain psilocybin for terminally ill cancer patients

On November 7, 2023, Ohio voters decisively passed Issue 2, putting the “high” in Ohio and becoming the 24th state to legalize adult-use marijuana. Issue 2, which goes into effect on December 7, 2023, allows adults to purchase and possess marijuana for adult use, subject to state regulation and taxation. Lawmakers and state officials