By Andrew Kingsdale May 17, 2023 New York State’s cannabis market offers numerous opportunities for entrepreneurs and consumers alike, but legal restrictions apply. This post summarizes the statutory restrictions on foreign nationals interested in applying for a cannabis license or investing in a licensed cannabis business. In general, foreign nationals […]
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by Omar Figueroa April 10, 2023 A new law has been proposed in California which would authorize the California Department of Cannabis Control (Department) to issue a state caterer license that authorizes the licensee to serve cannabis at a private event approved by a local jurisdiction for the purpose of […]
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by Omar Figueroa April 5, 2023 A proposed California law would require licensed cannabis businesses (hereafter “licensees”) to pay bills owed to other licensees or face disciplinary action. According to the Digest prepared by the Legislative Counsel, Assembly Bill 766 would require the payment of goods and services sold or […]
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By Omar Figueroa and Lauren Mendelsohn March 20, 2023 Starting in 2023, the State of California is providing several tax incentives for owners of certain types of cannabis businesses. Below we will be discussing the High-Road Cannabis Tax Credit, the Cannabis Equity Tax Credit, and Vendor Compensation for qualifying equity […]
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by Omar Figueroa and Lauren Mendelsohn February 15, 2023 A new law in California named the Medicinal Cannabis Patients’ Right of Access Act, in effect now with key provisions which become operative on January 1, 2024, will require cities and counties across the state to regulate medical delivery-only retailers or […]
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By Lauren Mendelsohn, Esq. February 3, 2023 On January 30, 2023 the California Office of Administrative Law (OAL) approved emergency regulations related to cannabis taxes that were proposed by the California Department of Tax and Fee Administration (CDTFA). The approved rulemaking package consists of amendments to Section 3700 (Cannabis Excise […]
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Department of Cannabis Control asks State Attorney General for Opinion Regarding Commercial Cannabis Activity Between California and Out-of-State Licensees By Omar Figueroa and Lauren Mendelsohn January 30, 2023 On January 27, 2023, the California Department of Cannabis Control (DCC) sent a letter to the State Attorney General’s Opinion Unit seeking […]
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By Lauren Mendelsohn December 29, 2022 2022 was a significant year for cannabis, hemp, and psychedelics policy in California. We’ve summarized some of the key events below. CANNABIS Legislative Victories in Sacramento A number of cannabis-related bills were adopted in 2022 by the State legislature, which will bring about […]
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By Andrew Kingsdale December 23, 2022 Over the past year, unregulated cannabis and hemp-derived products became ubiquitous and conspicuous in New York. Yet at the same time, 2022 also was momentous for the growth of the Empire State’s regulated (legal) cannabis and cannabinoid hemp industries. In February 2022 the state kickstarted […]
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by Omar Figueroa December 21, 2022 The Drug Enforcement Administration (DEA) has confirmed that any seed, tissue culture, or other genetic material is not controlled under the Controlled Substances Act (CSA) as long as it has less than 0.3% of delta-9-THC. Specifically, on December 20, 2022, the DEA […]
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