israel cannabis marijuana

Cannabis in Israel: An Update

When it comes to medical cannabis, Israel has long been among the leading nations in the world. You can read a post I wrote about Israel’s achievements on that front, both in terms of legality and actual research, here. But despite its deep history with medical cannabis, the country still does not permit legal sales

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Oregon Cannabis: OLCC Will Resume Processing New License Applications!

Big news from the Oregon Liquor and Cannabis Commission (OLCC) this week as it announced it has resumed accepting and processing of new marijuana retailer, wholesaler, and processor applications submitted after June 15, 2018. This is welcome news as the OLCC had imposed an administrative “pause” on new applications to focus on existing licensees and

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Is Psilocybin Really a Miracle Drug? Compass Pathways Releases Phase 2B Trial Results

Something strange happened yesterday. Psychedelics unicorn Compass Pathways released data for the largest clinical trial ever conducted of a psilocybin drug. Not only did the drug seem to work, but the heavily anticipated data were “breathtaking” in the words of Compass’ CEO. Immediately, the company’s publicly traded shares dropped 16%. Including the day prior, it

cannabis insurance coverage litigation

Cannabis Insurance and Coverage Disputes

Legal representation in disputes with insurers has become paramount for cannabis companies in an ever-expanding operational environment. Cannabis companies may seek to insure against risk of loss as a result of challenges such as unexpected fires, crop protection, business interruption, or adverse consumer reactions to products. In many instances, cannabis companies are even required to

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Federal Cannabis Legalization is Not Happening Anytime Soon

Since California passed the Compassionate Use Act in 1996, there have always been folks who insist that federal legalization is right around that corner. As more and more states decriminalized and then regulated cannabis, the ranks of people who believe federal legalization is imminent has grown exponentially. Recently, when Joe Biden won the presidency, it

psilocybin controlled substances act reschedule

A Strategy for Rescheduling Psilocybin

Public and scientific interest in psychedelics such as psilocybin and MDMA is expanding. Once off-limits because of federal prohibition, a trickle of research from the 1990s has grown into a stream. But despite increasing acceptance by the public, and commercial investment in psychedelic therapies, aging federal laws stem the flow of vital research. Psilocybin, a

ketamine industry cannabis

The Ketamine Industry is Nothing Like Cannabis

You are an experienced cannabis operator. You have dealt with nonsensical regulations. You’ve navigated the world of dealing with a highly regulated substance. You’ve solicited large investments and beat out your competitors. You’ve learned enough about corporate governance and tax to go toe to toe with the best. Think you can easily pivot to the

new york cannabis news

New York’s Cannabis Control Board: Third Meeting News

New York’s Cannabis Control Board (CCB) held its third meeting yesterday, November 3, 2021. As will be the case with all CCB meetings, it was broadcast live and a transcript of the meeting will be published here. We were pretty clear with what we were hoping for coming out of the CCB’s third meeting and

cannabis business purchase agreement

Buying a Cannabis Business: Step By Step

I often write about various discrete aspects of cannabis M&A transactions. A full list of my posts, along with other Canna Law Blog contributors’ posts, is linked at the bottom of this post. Today, rather than looking at individual elements of a cannabis M&A transaction, I want to walk through what a transaction looks like