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Showing posts from July, 2021

Federal Legislative Cannabis Reform | Pathway towards Progress in the 117th

  As more and more states vote to legalize cannabis for adult use, the next question is whether the federal government will follow suit. The 2020 election placed Democrats in control of the Oval Office and both houses of Congress. This monopoly gives Democrats the power, if they so choose, to push for the legalization of cannabis nation-wide. However, federal legalization of cannabis would cause some issues in the states that could threaten to derail support from members of both parties. In those states where cannabis is already legal, how would a federal law impact their ability to regulate the market in their state? States that have not legalized cannabis may lack the infrastructure to compete in this new market. To make this a true nation-wide legalization, issues such as interstate cannabis commerce and regulatory compliance would need to be addressed. This one hour CLE, Federal Legislative Cannabis Reform | Pathway towards Progress in the 117th , explores these issues and more sur

Is Cannabis Now Legal in Mexico? Answers here…

  First, thanks so much to my friend and Mexico City attorney Elias Lisbona Jassán of Perez Ferrer Abogados , who co-authored this piece with me, David Feldman . To answer the question in the headline, I think the legal term is “sort of.” This topic, of course, is important not only for the 120 million folks living in Mexico but for all of us in the rest of North America. It also portends where things might be headed in the rest of this hemisphere, and increases pressure on US lawmakers and leaders to consider further action if Mexico were to join Canada with full adult-use legalization. In addition, it enhances the hope of many to create multilateral trade in cannabis once the US moves to legalize it. How did we get here? For those who have not focused much on the developments in Mexico, let’s review the timeline in order. • Cannabis became illegal in Mexico in 1920. Interestingly, for just four months in 1940, cannabis became “legal,” when then-President Lázaro Cárdenas enacted regul

Cannabis Business Law Formation (and now Finance) Webinars

The business of cannabis [CD1]   is complicated, compounded by the fluid and evolving nature of the field and the multiple levels of applicable regulation. Failing to understand the laws and regulation of any industry can carry hefty consequences, but that is especially true in this highly-regulated and emerging landscape. This three-part Cannabis Law Module will focus on the special considerations that lawyers need to take into account when advising a cannabis business or a client that wishes to make their start in cannabis.   First, Business Law: Formation 101 provides an introduction into the basic tenets of cannabis business formation and the special considerations that lawyers must address in this industry. Moderator and attorney Megan Sheehan guides a trio of some of the longest-standing business law practitioners in cannabis and current and former INCBA Board Members Karen Bernstein (New York, Bernstein IP), Rachel Gillette (Colorado, Greenspoon Marder), and Lara DeCaro (Ca

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