Author: C1_Admin
Sean McAllister Elected to the NCIA Board of Directors
Sean McAllister was one of the 11 candidates elected today to the National Cannabis Industry Association’s board of directors. Sean will serve on the board for the next two years and will be in a prime position to influence national cannabis policy. With 3 candidates vying for each available seat, 34 total candidates, this was […]
May 24, 2017
Trademark Licenses for Cannabis Products
Despite restrictions on cannabis businesses’ profits and products crossing state lines, one area where cannabis businesses can have national reach is in intellectual property licensing. Cannabis businesses can license their trademarks outside the state of Colorado for use in emerging markets, and, conversely, an out-of-state intellectual property owner can participate in Colorado’s regulated cannabis market […]
May 23, 2017
Congress Extends Protections for Legal Marijuana and Hemp Businesses
Last Friday, President Trump signed the federal spending bill, which included three provisions protecting the cannabis industry from federal interference. These protections are similar to provisions found in previous versions of the bill in 2015 and 2016. Specifically, Section 537 applies to medical marijuana laws in states where it is legal, and Sections 538 and […]
May 12, 2017
Colorado Legislature Takes Step to Harmonize Medical and Retail Marijuana Laws
Author: Jeff Wilson, Esq. The laws governing Colorado’s medical and retail marijuana businesses share many common elements, but also have a few key differences. However, the state legislature recently narrowed such differences with the passage of House Bill 17-1034, which became law on March 16, 2017. Broadly speaking, this new law updated the state’s medical marijuana […]
May 1, 2017
Canada Expected to Legalize Recreational Marijuana Nationwide
On April 13, Canadian Prime Minister Justin Trudeau introduced legislation, widely expected to pass, that would make recreational marijuana legal nationwide in Canada. Press Release Canada has had legal medical marijuana since 2001. But medical dispensaries are illegal, despite being tolerated in certain areas. Medical marijuana is usually shipped directly to patients by wholesalers. The […]
April 28, 2017
Leading Cannabis Attorney Sean McAllister Running for NCIA Board of Directors
After years of hard work and activism on cannabis law reform, attorney Sean McAllister is seeking a more formal leadership role in the National Cannabis Industry Association by running for the Board of Directors. Voting is open to all NCIA members from April 27 through May 22. This is a critical time in the evolution […]
April 27, 2017
AVC Confidentiality
Last month, the State Licensing Authority issued a decision determining that any Assurance of Voluntary Compliance (“AVC”) made by a licensee and the MED is not confidential in response to a Colorado Open Records Act (“CORA”) request. The main take away from this guidance is that any licensee who enters into an AVC should understand […]
April 25, 2017
Opportunity for Tribes to Participate in Department of Justice Reviews of Cannabis Priorities
Author: Garrett L. Davey, Esq. Since President Trump’s appointment of former Senator Jeff Sessions as United States Attorney General, there has been a lack of clarity regarding the new administration’s treatment of states with legal marijuana. This lack of clarity has also had a chilling effect on American Indian tribes seeking entry into the cannabis […]
April 18, 2017
Progress in the Sunshine State!
On Monday April 3, a Florida Senate Committee unanimously approved a bill that proposes a plan for the state’s emerging medical marijuana industry. The bill includes elements from numerous other competing Senate bills and seeks to expand currently proposed regulations. Senate Bill 406, introduced by Senator Rob Bradley, proposes to immediately increase the number of […]
April 11, 2017
Unregistered Securities Offerings: a Regulatory Pitfall
Author: David Wunderlich If you find yourself in the enviable position of having your business outgrow your cash flow, you may start thinking about how to obtain investments to help you scale up your business. But business owners should beware that the process of selling an investment in your business is not as simple as it […]
April 4, 2017