Blog
Raising Capital
Author: Dan Garfield As the cannabis industry grows, old markets open to new money (for example, out of state ownership is now permitted in Oregon and will be permitted in Colorado in 2017), and new markets open, our clients at McAllister Garfield have been coming to us for advice on how to raise capital for that […]
Status of CA Marijuana Law
As you may know, Sean McAllister recently became a licensed California lawyer after 17 years as a lawyer in Colorado. California was the first state to legalize medical marijuana in 1996 with the passage of the Proposition 215, the Compassion Use Act (the “CUA”). The CUA allowed for patients and caregivers to collectively grow, share, […]
Initiative 300
Author: Dan Garfield Initiative 300 has passed in Denver! Initiative 300 will create a four-year pilot program allowing businesses to seek permits for bring-your-own marijuana, over-21 consumption areas. These areas may be both indoors and outdoors. Indoor areas will allow for vaping and edibles, but not smoking (as that would violate the Colorado Clean Indoor […]
Compacts and Comments: Vetting Marijuana Endeavors in Indian Country
Author: Garrett L. Davey Following the November 2016 election, more than half the country’s population lives in a state where marijuana is legal under state law, either for medical or recreational use. Many American Indian tribes are similarly contemplating entry into the marijuana industry, albeit at a slower pace and with myriad legal complications not […]
Cannabis Wins Big at the Polls!
November 11, 2016 Friends, Though the presidential election may have stolen the limelight, cannabis scored huge victories across the country on election day. As far as the presidential election, there is no way to know what President Trump will do regarding marijuana. He has said in the past that he will respect state rights on […]
McAllister Garfield Now In Los Angeles and San Diego
Denver, Colorado – November 10, 2016 – Renowned Colorado drug attorney Sean McAllister has taken oath in the state of California and is now licensed to practice law in the Golden State. McAllister Garfield already has lawyers on the ground in San Diego and Los Angeles, and the firm plans to hire additional attorneys to […]
Mechanisms for Out-of-State Ownership in Colorado
Colorado’s regulatory environment for out-of-state ownership of cannabis businesses has changed often since 2014, and more changes are coming January 1 after the legislature voted in May 2016 to finally permit out-of-state ownership. Many of these changes are designed to allow for out-of-state money to flow into the state to alleviate banking and lending concerns […]
New MED Rules Update
SUMMARY OF CHANGES TO THE COLORADO RETAIL AND MEDICAL MARIJUANA CODE (1-CCR 212-1 AND 1-CCR 212-2) (as of November 2016) ***** Unless otherwise noted, all changes take effect January 1, 2017. This summary is provided as a convenience, is not legal advice, and should not be substituted for formal consultation with a licensed attorney. Ownership […]
What Qualifies as an Institutional Investor
When the Colorado Legislature last May enacted Senate Bill 16-40 (“SB40”) to permit out of state ownership of licensed marijuana businesses beginning on January 1, 2017, it also permitted “qualified institutional investors” to own up to 30% of those businesses. (Licensed marijuana businesses that are partially owned by qualified institutional investors may also have out […]
California Marijuana Dreamin’
California enacted the country’s first medical marijuana regime in 1996. Until now, the industry has operated entirely with local regulations only and no significant state regulations. Last year, the California legislature passed three bills collectively known as MCRSA (the Medical Cannabis Regulatory and Safety Act) that for the first time will provide a comprehensive framework […]
Fundraising and Networking Event to Support United For Care
September 19, 2016 Friends, Please join McAllister Law Office, P.C., Vicente Sederberg, LLC and Sensi Magazine for a fundraising and networking event in support of United For Care on Wednesday, September 28th at the MetLO Rooftop from 6-9pm. The United For Care Campaign is run by People United for Medical Marijuana (PUFMM)- an organization formed […]
New office Location
Friends, We are pleased to announce that our office has relocated to 501 S. Cherry Street Suite 480, Denver CO 80246. Our permanent suite is under construction; however, we will be temporarily located downstairs, in Suite 215, until November 1. Please contact us if you have questions or need directions. Thanks, Kim Gonzalez Administrative Assistant