Since the legalization of hemp in 2018, CBD brands have struggled with inconsistent policies and enforcement from major social media companies when it comes to marketing their products. The consequences can be devastating. Accounts of many CBD brands have been suspended at one point or another, interrupting critical communication with customers, and harming goodwill. Sometimes,
With the approval of the Authority on the Responsible Use of Cannabis Act (the “Act“), legal cannabis in Malta has arrived. The Mediterranean island nation is the first in the European Union to legalize adult-use cannabis. Medical cannabis has been legal in Malta since 2018. 1. What Is Now Legal? The Act permits the cultivation of up
On Monday, November 13, 2021, New York Assemblyman Pat Burke introduced medical psilocybin legislation. The “purpose or general idea of bill” provides a good summary: this legislation would “create psilocybin service centers to provide innovative treatment options for ailments such as PTSD, depression, alcohol dependency, anxiety, among others.” The bill echoes two separate pieces of
Lately I have been spending a lot of time engaging with clients who are dealing with cannabis investors. I work with companies and investors. Between public and private cannabis companies, the suite of investors runs the gamut from friends and family to key employees, executives, and board members with equity and synthetic equity grants, to
Federal cannabis trademark litigation is a difficult proposition. In a recent case filed by Wunderwerks, Inc., a company that sells beverages infused with CBD and THC additives, we see another unfortunate example of this. Federal courts, at least, are still no friend to the cannabis industry. Wunderwerks had sued Dual Beverage Company LLC (“DBC”) in
The CBD Product Safety and Standardization Act (the Act) indicates that the Feds might regulate CBD as a food ingredient, and that it may lead to regulation of other cannabinoids. If the Feds regulate CBD as a food ingredient, it could seriously change the game (in a good way) for hemp CBD companies. On December
Psychedelic retreats are all the rage (and that’s not a new thing), which causes a variety of organizer legal issues and a corresponding spectrum of liabilities. At Wonderland Miami, Horizons NYC, and on a regular basis outside of conferences, we are asked about legal advice for the organizers of psychedelic retreats. Both recreational and therapeutic
WATCH HERE Since 2010, Harris Bricken has advised cannabis businesses, investors, and entrepreneurs on all aspects of cannabis business mergers and acquisitions (M&A) in many states and even internationally. These transactions range from relatively simple license transfers to complex stock purchase agreements tied into ancillary agreements involving everything from personal services to real property. Our
These days, marijuana is constantly on the move in states with marijuana legal reform. As a result, marijuana theft in transit is not unusual (see here and here for example). Typically, licensees have to transport marijuana themselves or a licensed distributor does it on their behalf. Some of these companies may carry their own insurance
The hopes for better and increased marijuana banking, which were tied up in the Secure and Fair Enforcement (SAFE) Banking Act (a serious and common sense federal marijuana banking bill), are currently dashed since the SAFE Banking Act has been left out of the Senate’s changes to the National Defense Authorization Act (“NDAA“). The impact?
