Wednesday, April 16, at 7 p.m. The Inlander will be putting on a “CannaBiz Forum” at the Bing Crosby Theater, at 901 W. Sprague Ave. in Downtown Spokane. The forum will address what I-502 means for Washington State and in particular, for Washington, East of the mountains. Canna Law Blog’s own Hilary Bricken will be one of
We’ve been marijuana business lawyers for a long time now and in multiple states, and being on the front lines of this industry means that we have seen a lot of good and bad actors. In this post, we share the Top Ten Marijuana Industry Red Flags so that you know what to look for to
Two important bills about marijuana use are headed to Maryland Governor Martin O’Malley’s desk after being approved by Maryland’s General Assembly on Monday. Decriminalization for Using or Possessing Less than Ten Grams of Marijuana One bill, Senate Bill 364 which would become effective on October 1, 2014, decriminalizes using or possessing less than ten grams
Jay Leno — love him or hate him — made countless funny jokes in his career as host of “The Tonight Show,” and at least one of those jokes makes for a memorable marijuana quote: Forty million Americans smoked marijuana; the only ones who didn’t like it were Judge Ginsberg, Clarence Thomas and Bill Clinton.
In a rapid turn of events, the FBI just agreed to give Washington State access to its background databases to allow Washington’s Liquor Control Board to better vet I-502 applicants and existing licensees. The FBI had previously said that it wouldn’t perform such checks without giving a clear firm reason for its refusal. The FBI
Just about every day, another city or county in a marijuana state enacts an all-out ban on any type of marijuana commercial activity, whether it's medical or recreational. Though we love fighting/suing these retrograde cities and counties at every turn, we also know how expensive and time consuming those fights can be for our cannabis clients. Why are these bans happening? Do these cities and counties have the power to prohibit marijuana sales when the State says they can take place? And what happens with these bans when the courts get involved?
The Securities and Exchange Commission recently stopped trading in Advanced Cannabis Solutions shares, which last traded for $29.99, and are up more than 800 percent over the last year. The SEC issued the order over questions "whether certain undisclosed affiliates and shareholders (of ACS stock) engaged in unlawful distribution of securities." ACS trades over the counter. We have no opinion about ACS, but we do have an opinion regarding publicly traded pot stocks generally; BE CAREFUL. We are aware of many publicly traded pot companies that are trading at frothy levels that are not well-positioned to compete in the marijuana marketplace. In fact, it would be no exaggeration to state that for every one publicly traded marijuana stocks, there are ten privately held companies that far more advanced in the market than the publicly traded company.
It should come as little surprise that someone as demonstrably brilliant as Albert Einstein saw the idiocy of prohibition, and he had this to say on it: The prestige of government has undoubtedly been lowered considerably by the prohibition law. For nothing is more destructive of respect for the government and the law of the
Just got back from attending the Oregon Medical Marijuana Business Conference in Eugene, Oregon. Usually, I'm speaking at events like these, so it was nice for once to be in the crowd listening to others impart their knowledge about best practices in the ever-changing MMJ scene.
Most of our posts concern hands-on cannabis industry players -- growers, processors, and retailers/medical dispensaries. That's because the majority of our clients and the majority of our work relates to direct industry participants. But we also frequently provide legal services to "ancillary" businesses that have their own legal issues peculiar to the marijuana industry. Ancillary businesses are those businesses that provide services to the cannabis industry, such as software, lighting, or security systems companies.
