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Showing posts from February, 2022

Risk & Regulatory Intervention in the UK Cannabis Sector

Click to Watch (Recorded Feb 24th, 2022) Gain an overview of the UK Cannabis markets, including an overview of the small but growing medical segment, as well as the booming CBD and wellness industries. Attendees will also learn about the larger dynamics of EU regulations and how it impacts the domestic UK markets, including the novel foods analysis and import/export of products both from North American and into the rest of Europe. Finally we will see what is up next for the UK - the permissibility of hemp flower, Adult Use on the horizon, and other issues that will affect the future of the cannabis industry in the UK.

DOES NEW YORK HAVE A RESIDENCY REQUIREMENT FOR CANNABIS LICENSEES?

  By Andrew Kingsdale (published here with permission) Originally published February 3, 2022 on the blog of the Law Offices of Omar Figueroa Does one have to be a New York resident to own or manage a New York state-licensed cannabis business?  No, but the license applicant does need to have a certain nexus to the state.  With certain exceptions, non-residents may use a business or other legal entity to satisfy the nexus requirements. We start with definition of an “applicant”under New York’s new cannabis law, the Marijuana Regulation and Taxation Act (MRTA): “Applicant” unless otherwise specified in this chapter, shall mean a person applying for any cannabis, medical cannabis or cannabinoid hemp license or permit issued by the New York state cannabis control board pursuant to this chapter that: has a significant presence in New York state, either individually or by having a principal corporate location in the state; is incorporated or otherwise organized under the laws of this state; o

Cannabis Branding: On the Edge of the Metaverse

Photo by julien Tromeur on Unsplash Branding in the Metaverse is all the rage. In the last three months alone, well-known brands like Nike, Converse, New Balance, Vineyard Vines, Tahari, Anthropologie, Hollister, Abercrombie & Fitch, and, even Walmart, have all filed applications with the United States Patent and Trademark Office  for intent-to-use trademarks in connection with “digital goods;”# opportunistic filings by individuals not affiliated with name brands have appeared in Classes 9, 35, and 41# for both PRADA and GUCCI; and Metaverse Law, a clever California law firm has been diligently going through the motions in their attempt to trademark the very word on everyone’s lips. But what is Metaverse, and why should you, the owner of the expertly cultivated flower brand, or producer of the most delicately infused edibles care? Metaverse is a virtual world meant to support decentralized, persistent three-dimensional environments, and accessible by anyone with a smart phone, gam

State Licensing: Navigating New Jersey's Cannabis Regulations

State Licensing: Navigating New Jersey's Cannabis Regulations In this session, hear from attorneys who are actively working on applications in the Garden State and with clients who are investing in New Jersey or otherwise gearing up for future submissions. Learn about unique-to-New Jersey license types, such as the “Conditional License,” enabling prospective operators to apply for a license without site control (subject to income restrictions), the “Micro-license,” a 2500 square foot facility for which there are no caps (subject to residency requirements), priorities in licensing, and creative opportunities to participate in the market distinct from ownership (via “Financial Source Agreement” or “Management Services Agreement”). Also learn about how the regulatory process is unfolding and how administrative delays are impacting the licensing process and accompanying operational timelines and legal transactions. Click Here to Register This live CLE webinar will be available on-deman