By Lauren Mendelsohn, Esq. January 14, 2020 (updated Feb. 4, 2020) On Monday, January 6, 2020, the Sonoma County Board of Supervisors took a major step towards lifting the county’s moratorium on hemp cultivation by unanimously approving the first reading of an ordinance that would replace the current moratorium […]
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By Lauren Mendelsohn, Esq. January 10, 2020 On Friday, January 10, 2020, California Governor Gavin Newsom announced his budget proposal for 2020-2021, which included some major changes related to cannabis industry taxation and regulation. The proposal seeks to consolidate California’s three cannabis licensing agencies (the Bureau of Cannabis Control, the […]
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December 24, 2019 Last week, the California Office of Innovation released a survey to gather public input on the state’s cannabis licensing portals. Below is the message and a link to the survey, which will remain available until January 12. ~ ~ ~ “Nearly three years ago, Proposition 64 […]
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December 20, 2019 By Lauren Mendelsohn Earlier this week, the Sonoma County Board of Supervisors voted to approve recommendations from the Cannabis Ad Hoc Committee regarding exploring changes to the county’s cannabis program. The committee’s presentation for the item can be viewed here. The motivation behind this was the fact […]
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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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