December 6, 2019 By Andrew Kingsdale On December 3, 2019, federal banking agencies released a joint statement clarifying requirements under the Bank Secrecy Act (BSA) for banks providing financial services to hemp growers. Because hemp is no longer a Schedule I controlled substance under the Controlled Substances Act, banks are […]
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by Omar Figueroa and Andrew Kingsdale November 18, 2019 Beginning on December 2, 2019, California hemp growers will likely be able to apply for three-year federal cultivation licenses directly from the U.S. Department of Agriculture. (California hemp farmers also will need a state license to produce hemp under state […]
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November 12, 2019 By Lauren Mendelsohn, Esq. On October 31, 2019 the United States Department of Agriculture (USDA) Agricultural Marketing Service (AMS) published an Interim Final Rule for hemp production under the 2018 Farm Bill. We previously discussed the 2018 Farm Bill here. The Interim Final Rule outlines the process […]
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By Lauren Mendelsohn, Esq. November 4, 2019 On October 1, 2019 the Mendocino County Board of Supervisors adopted changes to the county’s cannabis cultivation rules that will have a major impact on farmers there as well as those who are looking to gain a foothold in this part of the […]
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By Lauren Mendelsohn, Esq. October 21, 2019 Directors of traditional corporations have a fiduciary duty to act in a way that is in the best interest of the corporation and its shareholders, which usually means doing whatever is legally possible to maximize shareholder wealth. This can sometimes put directors in […]
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By Lauren Mendelsohn, October 14, 2019 Recently, the Office of Administrative Law (OAL) approved proposed regulations (Cal. Code of Regs., tit. 18, div. 2, §3700) from the California Department of Tax and Fee Administration (CDTFA) related to cannabis excise and cultivation taxes in California. On September 4, 2019 the new regulations […]
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By Omar Figueroa & Lauren Mendelsohn October 9, 2019 [Updated 10/25/19] Utility company Pacific Gas & Electric (PG&E) has announced a Public Safety Power Shutoff Event starting in the early hours of Wednesday, October 9, across many regions of California. It is anticipated that numerous licensed cannabis businesses across […]
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by Gianna Geil, July 31, 2019 (with Omar Figueroa) CDFA Cultivator Inspection Forms Our last two-part blog series covered the Bureau of Cannabis Control (BCC) Inspection Sheets for retailers and distributors, which are used by the BCC to assess a licensee’s regulatory compliance. This post will explain items on the […]
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Distributor License Inspection Sheet by Gianna Geil, July 8, 2019 (with Omar Figueroa) In our last blog post, we elaborated on the Bureau of Cannabis Control (BCC) Retail License Inspection Sheet, which is a checklist utilized by the BCC when assessing regulatory compliance by retailers. This post will provide a […]
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by Gianna Geil, July 1, 2019 (with Omar Figueroa) Retail License Inspection Sheet (PDF version) If you are a licensed cannabis retailer in California (whether a delivery-only retailer or storefront dispensary) you probably have heard about inspections conducted by the Bureau of Cannabis Control (BCC). In this first of two […]
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