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Time ran out this month for medical marijuana legalization bills in Kansas and South Carolina. Nevertheless, progress was made in both states, raising hopes among legalization advocates for next year. An attempt to legalize adult-use cannabis in Louisiana failed, as expected, but strides were made there, too. In Montana, state lawmakers approved an implementation bill …

Marijuana legalization outlook: Kansas, SC fall short, but Texas reform bill alive Read More »

Doing business in Missouri could become less expensive for the state’s medical cannabis industry – provided the governor gives his stamp of approval. During their recently concluded legislation session, Missouri lawmakers passed a bill with “near unanimous approval” that would ease the state tax burden for medical marijuana businesses, according to St. Louis Public Radio. …

Missouri lawmakers pass bill to ease medical cannabis firms’ taxes Read More »

A common question that arises in Ketamine clinic transactions is whether a clinic or physician (collectively, “healthcare providers” or “providers”) can use or promote Ketamine for off-label uses. The short answer is yes, subject to several caveats, as discussed below. However, before reaching the answer, it is important to define what “off-label” use means and …

Ketamine and Off-Label Issues Read More »

Delaware’s heavily regulated $30 million medical marijuana market is poised to double the number of vertically integrated operators from three to six at a time when prospects for adult-use legalization also are brightening at the state capitol. The state, which launched its MMJ market in 2014, has long had only three operators and six dispensaries …

Delaware medical cannabis market grows amid possible adult-use legalization Read More »

Most notable are former business analysts Mia Park and Dae Lim, who moved from the analytical sector to selling craft cannabis. The partners launched a collection of cannabis edibles mixed with Asian flavors such as milk tea, sour yuzu, and lychee. Additionally, the CFO of Papa and Barkley, Zeeshan Hyder, exited the banking sector to …

Asian Americans are Warming Up to the Marijuana Industry Despite Cultural Beliefs about Cannabis Read More »

Opening a retail cannabis store is difficult. Throw in a pandemic, Toronto’s bitterly cold winter weather or the revival of a dormant medical marijuana dispensary, and the new venture could be headed for disaster. Nevertheless, Forever Buds CEO Vish Joshi said his company’s new store is “killing it” on service in Toronto’s Little Italy neighborhood. …

Marijuana retailers that opened during pandemic share winning formulas Read More »

Buying a cannabis business does not occur in a matter of days, and transactions fall apart for a variety of reasons, as we discussed in Part 1 of this blog series focused on the buy-side of a cannabis M&A transaction. In Part 2, we focused on the regulatory environment, discussing concepts that first-time buyers and …

What You Need to Know When Buying a Cannabis Business, Part 3: Hiring Your Lawyer Read More »

Over 70% of the American population is on board with cannabis reforms. This is one of the reasons why a lot voted for these democrats. Instead of sticking to the promises made during the campaign, the president for one has ignored all prompts about following his predecessor’s example on these reforms.

Last month, I wrote this post about the availability of fraudulent transfer claims under the Uniform Voidable Transactions Act when it’s possible that a cannabis judgment debtor (or soon to be judgment debtor) begins to move its assets around to avoid future payment. But what if you have those concerns at or near the beginning …

Cannabis Litigation: Writs of Attachment Read More »

Right now researchers aren’t 100% about the reason but they hypothesize that it could be something to do with a particular liver enzyme responsible for processing THC. As opposed to “inhibiting THC”, they argue that these people simply have more efficient processing capabilities in the liver.