Raising capital is always fraught with risk and uncertainty for any company. Those risks and uncertainties are magnified exponentially when it comes to raising capital for cannabis companies. Cannabis companies and potential investors must consider a hornet’s nest of complex, often contradictory rules and regulations arising from the existing inconsistencies between federal law and the
As you read along here, try this mantra: Trust your eyes. Don’t allow yourself to be gaslit.
You may recall from our previous post that we think the United States Supreme Court could overrule the marijuana provisions of the federal Controlled Substances Act if it was presented with the right case. That case is now
They say the first step is admitting you have a problem. My name is Whitt, and I’m a recovering litigator. I’ve spent years sending ugly letters and playing a zero-sum game with strangers, and it generally didn’t lead to a bunch of happy days at the office.
But ever since we started our Cannabis Industry
Good news, bad news if you’re a cannabis operator that owes money to a creditor. But probably bad news for the rule of law.
A federal appellate court has ruled that a cannabis operator is obligated to repay his debts to an ex-business partner, but it raised questions about whether the money used to repay
Not every blog post contains earth-shattering news. Count this among that group, but I encourage you not to ignore the implications and possibly the forecasting for cannabis operators in litigation going forward in this little case in Washington.
A federal judge in Seattle has ruled that a cannabis businessman cannot maintain his claim against local
The Alabama medical cannabis program has been FUBAR for a while now, but there was at least some good news for two applicants last week.
The Alabama Medical Cannabis Commission (AMCC), at its meeting on August 8, 2024, awarded additional cultivator licenses to Pure by Sirmon Farms, LLC and Blackberry Farms, LLC, following the completion
Thoroughbreds shouldn’t be the only ones racing towards a finish line in Kentucky in the near future. Those vying for a precious medical cannabis business license in Kentucky’s new medical cannabis program will also need to hustle. Kentucky Gov. Andy Beshear, via HB 829, has expedited the business license application timeline, originally to commence in
As Bradley previously reported, the Federal Trade Commission at the beginning of last year issued a notice of proposed rulemaking to effectively ban employee noncompete provisions as an unfair method of competition in violation of Section 5 of the FTC Act. Following a 16-month administrative process that drew more than 26,000 public comments, the
It’s been, like, a whole year since our last 420 blog post, man. And the past year made way for even more of the choicest blog posts about cannabis industry topics ranging from the business of THC, CBD, the Deltas, Medical Marijuana, hemp, and more. Our second annual “Weed Roundup” — featuring our top
It turns out that if you want to know the Department of Justice’s policy on marijuana enforcement, you just have to sue them. In a remarkably candid showing of the DOJ’s current policy concerning marijuana enforcement, attorneys for DOJ recently wrote in a pleading in federal court in Massachusetts that marijuana businesses operating in accordance