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The U.S. Drug Enforcement Administration (“DEA”) stated in an internal directive last week that it lacks authority over hemp products that come from the parts of the cannabis plant exempted by the federal Controlled Substances Act (“CSA”). The directive acknowledges that hemp products containing “materials that are made from the cannabis plant and which fall […]

Private equity has been trying to invest in the cannabis industry for some time, but has found some difficulties doing so. In particular because of the structure of private equity. most equity is structured with a handful of general partners. Then dozens if not hundreds of limited partners who hand over their investment to a […]

Mergers and acquisitions in any industry are difficult, but in the cannabis industry, they’re even more so. There are a number of things in mergers and acquisitions that business, buyers, and sellers need to be aware of that they aren’t typically aware of in other industries. Due diligence is important prior to a cannabis transaction. […]

McAllister Garfield, P.C. constantly tracks developments in the California cannabis market to provide our clients with the most up-to-date information that impacts their California cannabis businesses. As such, we have two important updates for California operators: First, if you received your state temporary license on or near January 1, 2018, then your annual application is […]

On Monday, April 9, 2018, the U.S. Food and Drug Administration (“FDA”) published a notice in the Federal Register seeking public comment from interested persons on the scheduling status of cannabis, under international agreements, in a number of forms, including cannabis extracts, THC and CBD. FDA is seeking comments on cannabis to inform the Agency’s […]

On March 21, 2018, Congress extended important existing legal protections for medical marijuana, industrial hemp, and industrial hemp-derived products through September 30, 2018. Congress included these protections in a federal budget bill called the Consolidated Appropriations Act, 2018. You can read the full text of the Act here. Congress will vote on the Act in […]

We are proud to announce that we have added employment lawyer Anne Kelson as one of our California attorneys assisting the Firm and its clients. Anne brings extensive experience in employment counseling and litigation. MAUCRSA and its implementing regulations include many important provisions related to employment law, including mandatory training for employees at infused products […]

This blog discusses how U.S. businesses and entrepreneurs might benefit from the expansion and legalization of cannabis in Canada. Canada has chosen to regulate cannabis at a federal level. This allows Canadian business to both trade their stocks on a public market and export their product(s) both within Canada and internationally. U.S. cannabis businesses and […]

January 1, 2018, marked the beginning of the regulated cannabis market in California. Since then, more and more Los Angeles area jurisdictions have adopted ordinances and policies allowing commercial cannabis activity within their borders. This article takes a brief look at two such cities – Santa Monica and Culver City – each with differing approaches […]

The Neighborhood-Supported Cannabis Consumption Pilot Program Initiative (“I-300”) is the first of its kind in the United States. I-300 creates a legal framework for responsible social use of cannabis. Colorado state law doesn’t address cannabis consumption clubs, but bans public use, including outdoors. In some cities, unregulated clubs are tolerated, while others operate secretly. Denver voters […]

The St. Croix Chippewa Tribe planning to produce hemp-derived CBD is suing the state because enforcement authorities say a new hemp law doesn’t necessarily clear the St. Croix Chippewa to start making cannabidiol. The lawsuit, filed in a federal court in Madison, comes weeks after Wisconsin expanded its limited CBD law by allowing hemp production. For more information read […]

On Wednesday, February 14, 2018, Navid Brewster, Esq. of McAllister Garfield, P.C. will be speaking to the recent developments in the cannabis industry in the greater Los Angeles area. The event, which is being put on by the Beverly Hills/Greater Los Angeles Association of Realtors (BHGLAAR), expects to cover a wide range of issues that […]