Committee Blog: Ending The Ban On Interstate Commerce
By Gabriel Cross, CEO of Odyssey DistributionMember of NCIA’s State Regulations Committee Oversupply and shortages, high prices and lack of choice for patients and consumers, illicit markets, tainted products, and the inability to access banking and capital all plague the burgeoning cannabis industry. While cannabis advocates and industry leaders... Read more
California Cannabis Claims: Breach of Contract

Happy 2020, everyone! Our litigation team would like to kick-start the year by starting a series on the most common causes of action that we see in and around the cannabis industry. We hope these overviews help our audience not only understand what they can expect if they ever find themselves in litigation, but also…

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Gov. Newsom wants to simplify California’s marijuana rules: ‘The devil is always in the details’
California Gov. Gavin Newsom wants to bring all of the state’s cannabis licensing programs under one roof, aiming to better coordinate a complicated mix of regulators. In his 2020-21 budget plan, Newsom is proposing to create a Department of Cannabis Control. It would assume licensing authority from the three... Read more
Receivership and Distressed Cannabis Assets in California

Succeeding in the cannabis industry is not easy, especially in California. Complex regulation, high taxes, expensive real estate, and competition with the black market are just a handful of factors that challenge cannabis businesses. The majority of players lack sufficient reserves and agility to stay in the game. Due to the substantial upfront costs required…

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BREAKING: Newsom Proposes California Cannabis Regulatory Consolidation

On Friday, January 10, 2019, the California Bureau of Cannabis Control (BCC) issued an email press release entitled, “Consolidation of California Cannabis Licensing Authorities” concerning a budget proposal released by Governor Gavin Newsom. Per the press release: Newsom intends to combine all three California cannabis agencies into one single Department of Cannabis Control by July…

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Committee Blog: How NCIA’s Banking & Financial Services Committee Can Help You In 2020
by Tyler Beuerlein, CRO of HypurChairman of NCIA’s Banking & Financial Services Committee As we begin the new year, the NCIA Banking and Financial Service Committee is joining the trend of starting something new for 2020. We are launching a blog series, the very words that you’re reading now,... Read more
On the Horizon: California “Owner” and “Financial Interest Holder” Violations

California cannabis regulators are slowly getting into enforcement mode under the Medicinal and Adult-Use Cannabis Regulation Act (“MAUCRSA”). Ostensibly, enforcement to date has been around illegal sales and/or around the manufacturing of illegal products (like vape cartridges). It’s only a matter of time though before enforcement becomes more sophisticated around licensing, including the state increasing…

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Marijuana: 6 things to watch for in California in 2020
From key court cases to clearing criminal records, it’ll be another big year for cannabis policy. As California enters its third year of legal recreational cannabis sales, many expect upcoming new laws, high-profile court cases and major criminal justice reforms to shake up the industry. Marijuana advocates are wary... Read more
10 fun facts about CBD oil

We’ve rounded up 10 fun facts about CBD oil in order to summarize just what it is, what we know about it, what it does and what we think it might do.

The post 10 fun facts about CBD oil appeared first on The Cannifornian.

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Two years in, California’s legal marijuana industry is stuck. Should voters step in?
In its annual draft report, the Cannabis Advisory Committee warned Gov. Gavin Newsom and California legislators that high taxes, overly burdensome regulations and local control issues posed debilitating obstacles to the legal marijuana market. With tax revenue about a third of what was expected and with only about 800... Read more

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