California Cannabis Supply Chain Fees

California Cannabis Supply Chain Contracts: Fee-Shifting Provisions

California’s cannabis regime is set up to separate every point in the supply chain into different license types: cultivation, manufacturing, distribution, testing, and retail sales, to name a few. Except for a few vertically integrated companies, virtually all cannabis businesses must rely on other companies in the supply chain to get products from farm to

cannabis business loi term sheet

Cannabis Transactions and Letters of Intent

It’s common in many different kinds of cannabis contract negotiations for the parties to execute a document early in the stages of negotiations that is often called a letter of intent (or LOI), but can also be called a term sheet. LOIs are used in most real estate and M&A transactions, but can be used

arizona cannabis loan ucc

Cannabis Lending Issues in Arizona

It is not very common for banks and financial institutions to provide commercial loans to cannabis companies in Arizona. So why is that? The answer is not always as simple as it may seem. The first thing to consider is what collateral the lender could secure if it wanted to make a loan to a

Oregan Cannabis

Oregon Cannabis: What to Watch for in 2021?

As we recently wrote, 2020 was a remarkable year for the Oregon cannabis industry for several reasons including COVID-19 and raging wildfires. This post follows up on the “State of the State” and is a sister post to our California Cannabis: What to Watch for in 2021. OLCC Enforcement: Although the OLCC began to shift

Canna Law Blog Card Default

FREE Webinar – Cannabis in Mexico

WATCH HERE! Mexico will soon be the largest country in the world to legalize cannabis and now is the time to start preparing for that. Join Harris Bricken, in partnership with Mexico-based law firm, Lawgic, for a FREE hour-long webinar on Thursday, January 28th, at 12pm PT to learn about cannabis legalization in Mexico and how

Hemp-CBD Legislation - Will Congress Boost the Hemp Total THC limit to 1%

Hemp-CBD Legislation: Will Congress Boost the Hemp Total THC limit to 1%?

As reported by Hemp Grower magazine, Senator Rand Paul of Kentucky introduced legislation on December 15 that would amend the definition of hemp from .3% THC to 1% THC. The bill would also make other major changes to the USDA’s interim final rule, which would affect hemp growers, processors, manufacturers, and shippers. The legislation is

Cannabis in Mexico

FREE Webinar – Cannabis in Mexico

WATCH HERE! Mexico will soon be the largest country in the world to legalize cannabis and now is the time to start preparing for that. Join Harris Bricken for a FREE hour-long webinar on Thursday, January 28th, at 12pm PT to learn about cannabis legalization in Mexico and how you can best position yourself to

ftc cbd

FTC Cracking Down and Issuing Fines for Deceptive Claims by CBD Companies

On December 17, the FTC issued a press release announcing its first law enforcement crackdown on deceptive claims in the growing market for cannabidiol (CBD) products. According to the press release, a number of “companies made unsupported claims that their oils, balms, gummies, coffee, and other goods could treat serious diseases such as cancer and