Costa Rica Moves Toward Medical Cannabis Legalization

In recent posts, we’ve explored legislative developments regarding cannabis in Argentina, Colombia and Mexico. Today, we turn our attention to Central America, and specifically Costa Rica, where a bill that seeks to legalize medical cannabis is winding its way through the legislative process. The bill was originally introduced by Zoila Rosa Volio in March...

California Bureau of Cannabis Control Seeks Civil Penalties for Unlicensed Commercial Cannabis Activity

On September 24, 2020, the Bureau of Cannabis Control (“BCC”) issued a press release announcing its filing of a complaint seeking civil penalties from Vertical Bliss, Inc., also known as Kushy Punch (“Vertical Bliss”), as well as other related individuals for unlicensed commercial cannabis activity. For a bit of background, in November of last...

The Hemp Industry Responds to the DEA Rule With a Lawsuit

On August 21, the Drug Enforcement Agency (the “DEA”) released an Interim Final Rule (the “Rule”), which, in part, suggests that in-process hemp extract shall be treated as a schedule I controlled substance during any point at which its THC concentration exceeds 0.3 percent on a dry weight basis. “Any point” includes even...

Investment and Securities Litigation – Handshake Deals Are Not. Your. Friend.

We’ve been monitoring and reporting on the growing trend of investment and securities fraud litigation in the cannabis industry, and this week brings yet another case. In Murray v. Camp, et al., Murray is suing three Washington entities and their principals for breach of contract, unjust enrichment, fraud, and violation of the Securities Act...

Hemp CBD Q&A: The Webinar Video Replay

For anyone who was not able to join our Q&A webinar last week on Hemp CBD, we’ve got you covered! Below, please find the full webinar for your viewing pleasure. The post Hemp CBD Q&A: The Webinar Video Replay appeared first on Harris Bricken. Source link

Oregon Hemp Litigation: Does Oregon’s Eviction Moratorium Apply to Cannabis Businesses?

In a word, yes. A lawsuit recently filed in Jackson County, Oregon by a tenant alleges that his landlord has wrongfully evicted him from a warehouse containing 36,000 pounds of hemp, which the plaintiff alleges will be worth $1.5 million when processed, and 500 pounds of trimmed flower with a market value of $175,000....

Foreign Investment in U.S. Cannabis: A Continuing Love/Hate Relationship

The U.S. cannabis industry attracts all kinds of entrepreneurs and investors. That has been true since Colorado and Washington legalized cannabis for adults 21 and up back in 2012, and since other states began creating comprehensive licensing regimes. The ever-emerging nature of the industry and its state-by-state quilt of regulations creates all kinds...

Cannabis Investment Basics: Debt v. Equity

Towards the end of 2019, it seemed that cannabis investments had all but dried up. Today, our cannabis lawyers are seeing a huge uptick in investment transactions of all kinds in cannabis and hemp businesses. With investments on the rise again, we plan to do more posts on various legal aspects of cannabis...

Federal Courts are Going Backward on Cannabis

A few weeks back, the Cannabis Law Institute invited me to discuss contract drafting for cannabis deals. A focal point for the panel was whether courts are willing to enforce cannabis contracts. The last time I had really looked at that issue was early 2019, when I wrote: Cannabis Dispute? Courts are Open....

Trademark Squatting: Not a Lucrative Business Proposition in the Cannabis Industry

During one of my recent sessions perusing current news related to cannabis legal issues, I came across a press release that I think warrants a bit of discussion. I’m always wary of self-promoting press releases, but they can provide some good entertainment and, in this case, blog fodder. The particular press release that...
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