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Sonoma County Approves First Round of Cannabis Equity Grants

By Lauren Mendelsohn May 10,  2024     Sonoma County recently approved its first round of grants under its local cannabis equity  program, totaling $635,000 to 20 approved equity grant applicants. This comes after Sonoma County received a $687,561 grant from the Governor’s Office of Business and Economic Development (GO-Biz) […]

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Understanding the Corporate Transparency Act: Key Insights for Cannabis Business Owners

by Omar Figueroa & Lauren Mendelsohn May 6, 2024   In recent years, the U.S. government has introduced several measures to combat illicit financial activities, with the Corporate Transparency Act (CTA) of 2019 being one of the most significant. Aimed at enhancing transparency within legal entities such as corporations and […]

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Tax Consequences of Federal Rescheduling for Cannabis Businesses

by Omar Figueroa & Lauren Mendelsohn May 2, 2024   We recently wrote that the Drug Enforcement Administration will move to reclassify marijuana as a Schedule III controlled substance.  A recent update by the Congressional Research Service makes clear that rescheduling is predicted to result in significant federal tax relief […]

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Update on the Legal Consequences of Rescheduling Marijuana

by Omar Figueroa & Lauren Mendelsohn May 1, 2024 Yesterday, we wrote that the Drug Enforcement Administration is anticipated to support the reclassification of marijuana from a Schedule I to a Schedule III controlled substance.  Today, the Congressional Research Service issued an updated report on the Legal Consequences of Rescheduling […]

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DEA to reclassify cannabis as a Schedule III controlled substance

by Omar Figueroa and Lauren Mendelsohn April 30, 2024 On April 30, 2024, the Associated Press reported that the “U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug.”  The proposal would “not legalize marijuana outright for recreational use” but “would move marijuana from its current […]

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Dramatic Increase in Cannabis Product Recalls in California

By Lauren Mendelsohn March 21, 2024   Over the past few months, the California Department of Cannabis Control (DCC) has issued numerous recalls of cannabis products sold within California. This follows several years of almost zero cannabis product recalls in California, despite how the DCC and its predecessor, the Bureau […]

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New Bill Introduced to Regulate Psychedelic-Assisted Therapy in California

February 21, 2024 By Lauren Mendelsohn Psychedelics and psychedelic-assisted therapy have shown promising results in treating PTSD, depression, and various other conditions. Because of this, over the past few years, a number of jurisdictions across the country have taken steps to deprioritize enforcement of criminal laws prohibiting psychedelics. However, even […]

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Emergency Regulations for Cultivation License Fallowing Proposed

By Lauren Mendelsohn On February 5, 2024, the California Department of Cannabis Control (“DCC”) filed emergency regulations regarding cultivation license fallowing with the Office of Administrative Law. Comments are due by Monday, February 12. The emergency regulations were prompted by the passage of SB833 in 2023 (now codified in Business […]

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