Webinar December 7: Ethically Navigating Local and State Licensing for Cannabis Businesses

Representing cannabis businesses is fraught with ethical traps. Cannabis businesses require guidance in navigating complex and shifting state and local regulations, and providing that guidance in a federally illegal landscape requires a delicate dance. To learn about and discuss potential pitfalls in representing California cannabis businesses, join us on December 7 at 12pm PST for…

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Namaste Technologies Inc. (NXTTF) Announces Record-Breaking November 2018 Revenue

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Namaste Announces Record-Breaking November 2018 Revenue of $2.6 Million Representing 52% Monthly Growth from October Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV:N.V) (M5BQ.F) (NXTTF) is pleased to announce record-breaking unaudited gross revenue of more than $2.6 Million across its global online platform, representing approximately 52% growth from October 2018 and approximately 30% growth year-on-year after excluding US revenue […]

The post Namaste Technologies Inc. (NXTTF) Announces Record-Breaking November 2018 Revenue appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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Anti-Competitive Alert? Marijuana Slotting Fee and Pay-to-Stay Contracts in California

With the roll out of the Medicinal and Adult-Use Cannabis Regulation and Safety Act (“MAUCRSA“), our California cannabis attorneys see all kinds of agreements between and among licensees. From IP licensing to white labeling to distribution contracts, we’re beginning to see people emerge from the shadows and enter into written agreements with each other, which…

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CFN Media Exclusive Q&A with CannAmerica Brands CEO, Dan Anglin
Rachelle Gordon December 3rd, 2018 Uncategorized As the cannabis industry continues to rapidly expand, so do the opportunities to get in while the getting’s good. CannAmerica Brands (CSE: CANA) is an umbrella organization that owns several unique and innovative cannabis brands (including a variety of tasty gummies) across... Read more
A Non-Solicitation Agreement for your California Cannabis Employees? Be Careful!

Legalized recreational cannabis businesses are still new in California. As a cannabis business owner, you may be thinking that a great way to protect your confidential information and prevent your employees from leaving would be a non-compete agreement. Think again. Not only are non-competition agreements unenforceable and prohibited in California, but they can come with…

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Labeling CBD-Infused Foods: Part 2

We previously discussed the need for manufacturers of CBD-infused foods and beverages (“Manufacturers”) to comply with the Food and Drug Administration labeling rules. However, such requirements are only one of many issues Manufacturers should worry about. Indeed, Manufacturers should also ensure: 1) that their name as well as their logo/design are not infringing on those…

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Cannabis Fines and Asset Forfeiture: Supreme Court to Weigh In

We have handled a number of excessive fines cases on behalf of clients who’ve had their property seized, or threatened to be seized by the government. For some background on this, see our blog posts here and here. The United States Constitution provides that excessive bail shall not be required, nor excessive fines imposed, nor cruel and…

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Cannabis Events: MJBizCon 2018 and Beyond

Thanks to Marijuana Business Daily for hosting MJBizCon 2018 in Las Vegas earlier this month! MJBizCon has separated itself from other cannabis conferences in both quality of content presented and sheer number of attendees. According to the Las Vegas Review-Journal, the conference was projected to draw 25,000 attendees, a 50% jump in attendance from last…

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Cura Partners, Inc. Announces Closing of $75 Million Private Placement Funding Round to Drive Further Expansion
PRESS RELEASE PORTLAND, Ore.–(BUSINESS WIRE)–Cura Partners, Inc., one of the largest cannabis companies in the world, announced that it has completed a private placement funding round of approximately $75 million. The company also completed a $45 million private placement in July 2018. Cura’s President and Chief Executive Officer Cameron... Read more
Industrial Hemp Litigation: U.S. Postal Service Loses CBD Delivery Case

In January 2018, the United States Postal Service (USPS) seized a package in Denver, Colorado sent by KAB, LLC, a registered, Colorado industrial hemp cultivator. The package contained 1170 grams of cannabidiol (CBD) powder, derived from industrial hemp. KAB appealed USPS’s decision, arguing that the powder was not a controlled substance and therefore should not…

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