by Omar Figueroa & Lauren Mendelsohn January 6, 2025 Last fall, Assembly Bill 1775, known colloquially as the “Cannabis Cafes Bill”, was signed into law. For more background, please read our previous blog post here. This Cannabis Cafe legislation took effect on January 1, 2025, and allows storefront retailers […]
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by Omar Figueroa and Lauren Mendelsohn December 27, 2024 On December 23, 2024, a panel of the Fifth Circuit Court of Appeals lifted the lower court injunction which had put enforcement of the Corporate Transparency Act on hold. We previously wrote about the injunction and FinCEN’s response in our […]
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by Omar Figueroa and Lauren Mendelsohn December 23, 2024 On December 23, 2024, a panel of the Fifth Circuit Court of Appeals lifted the lower court injunction which had put enforcement of the Corporate Transparency Act on hold. We previously wrote about the injunction and FinCEN’s response in our […]
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By Lauren Mendelsohn & Omar Figueroa December 2024 Key Deadline Arrives A major regulatory deadline looms for California cannabis businesses, as January 1, 2025 is the final date when the Department of Cannabis Control (DCC) can renew provisional licenses for commercial cannabis operations statewide. There is an exception for […]
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by Omar Figueroa and Lauren Mendelsohn December 10, 2024 On December 3, 2024, a federal court in Texas issued a nationwide preliminary injunction suspending the reporting obligations of the Corporate Transparency Act. The opinion in Texas Top Cop Shop v. Garland can be read below and downloaded here. On […]
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by Omar Figueroa & Lauren Mendelsohn November 22, 2024 Senate Bill 1064 has been signed into law and, effective January 1, 2025, will amend the cannabis regulatory framework in California by adding a new type of statutory license, the Combined Activities License (CAL). The Combined Activities License (CAL) is […]
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by Omar Figueroa & Lauren Mendelsohn November 1, 2024 Last October, 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 […]
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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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