Blog

State of Cannabis 2018

Friends, McAllister Garfield’s Los Angeles focused lawyers (Sean McAllister, Kresimir Peharda, and Navid Brewster) will be presenting a workshop at the State of Cannabis Conference in Long Beach, CA on September 25, 2018. The workshop will focus on “Attracting Investment to Your Cannabis Business.” For more information, see https://www.stateofcannabis.org/workshops.html Please join us as we gather […]

Why Should You Hire McAllister Garfield P.C. for Cannabis Business Counsel?

National firms don’t understand the complex regulatory regime of cannabis, and that’s what McAllister Garfield specializes in. We specialize in constructing business transaction through the lens of a complicated regulatory scheme. If entrepreneurs go out and hire some big firm that doesn’t understand the cannabis regulatory regime state by state, you will see transaction documents […]

Permitted Economic Interest for Cannabis Businesses

A Permitted Economic Interest (PEI) is a future contingent equity interest approved by the state regulatory agency. We see these PEIs approved in a variety of fashions including option agreements, warrants, or most commonly, a convertible promissory note. The concept is that if a lender provides a business money, instead of recovering the debt owed […]

Out-of-State Ownership Interest in Colorado Marijuana Business

Any individual who wants to take ownership in a marijuana business who doesn’t have one year or more of Colorado residency, has to complete a Pre-Suitability Application. The Pre-Suitability Application is costly, time consuming and financially burdensome and it includes a complete audit of all of your assets. McAllister Garfield has worked with dozens of […]

Kelly Rosenberg Chosen to Sit on NCIA State Regulatory Committee

Friends, Kelly Rosenberg, Senior Attorney at McAllister Garfield, P.C., has been selected to participate on the National Cannabis Industry Association’s State Regulations Committee for the 2018-2019 term. This committee examines and reviews the varying cannabis industry-specific statewide regulations around the country and works to establish best practices or guidelines for states and municipalities to facilitate […]

LA Opens Phase 2 Licensing

Friends, On August 1st, the City of Los Angeles Department of Cannabis Regulation (“DCR”) opened Phase 2 of its licensing processing. Phase 2, which is only open to Los Angeles supply side businesses that were in operation prior to January 1, 2016, is expected to last until 4 p.m. Pacific on September 13, 2018. In […]

Colorado: Mandatory Pesticide Testing begins August 1, 2018

Mandatory pesticide testing for both medical and recreational marijuana flower and trim begins Wednesday, August 1, 2018 in Colorado. All harvest batches created on or after August 1, will require pesticide testing from all medical and recreational cultivation facilities. Pesticide testing for concentrates is not required. Which Pesticides? The permitted pesticides tested are listed in […]

Changes to the California CBD Industry

Friends, This month, the California hemp CBD industry was dealt two major blows affecting the legal status of hemp derived CBD. First, the California Department of Public Health (the “CDPH”) issued a memorandum that provides legal support for its position that the infusion of hemp derived CBD into food products renders the food adulterated and […]

Establishing a Tribal Cannabis Operation

New Jersey Announces Open Application Period for Medical Marijuana Licenses

Friends, Government officials in New Jersey recently opened the application period to add up to six additional medical marijuana dispensaries. The state plans to allow two each in North, Central, and South Jersey. Applicants or interested parties must attend a mandatory meeting at the Trenton headquarters for the Department of Health on Thursday, August 9. […]

Marijuana Business Licencing Process

For the licensing process, there are going to be state and local requirements. Depending on which class of marijuana you want to apply for, either medical or retail, you might need to go to the local government or the state first, but you’re always going to need generally the same documents. Those include an operating […]

Kelly Rosenberg Appointed to MED Working Group

Friends, Kelly Rosenberg, Senior Attorney at McAllister Garfield, P.C., has been appointed to participate in the Marijuana Enforcement Division’s Legislation Implementation Work Group related to the MED’s rulemaking. The Work Group will focus on rules to implement SB18-187 – Waste Recycling, HB18-1280 – Court Appointees, HB18-1389 – Centralized Distribution, and HB18-1381 – Vertical Integration. The […]