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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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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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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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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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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by Omar Figueroa December 21, 2023 On December 19, 2023, California Attorney General Rob Bonta issued a legal opinion addressing the question of whether an agreement between California and out-of-state licensees would result in significant legal risk to the State of California and its officials under the federal Controlled […]
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by Omar Figueroa October 8, 2023 On October 8, 2023, Governor Gavin Newsom signed into law Assembly Bill 1171, a bill which authorizes persons licensed by the California Department of Cannabis Control to engage in commercial cannabis activities to bring civil lawsuits against those engaging in commercial cannabis activity without […]
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by Omar Figueroa and Lauren Mendelsohn August 30, 2023 The U.S. Department of Health and Human Services (HHS) is suggesting that cannabis should be reclassified from Schedule I to Schedule III under federal law. This significant shift reflects the view that cannabis no longer has a high potential for abuse […]
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by Andrew Kingsdale June 14, 2023 Photo by Kevin Ku on Unsplash. Cybersecurity breaches can deplete a company’s profits, affect its reputation, and jeopardize employee safety and customer wellbeing. According to IBM, in 2022 the global average cost of a data breach was $4.35 million, around 2.6% higher than in […]
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by Andrew Kingsdale May 23, 2023 On May 11, 2023, New York’s Cannabis Control Board (CCB) met and advanced several priorities, including approving 50 conditional retail licenses, implementing a social equity plan, and introducing a new draft of proposed regulations. These initiatives aim to shape a fair and thriving […]
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