Curaleaf Holdings, a vertically integrated multistate cannabis operator, is likely to face a wrongful death lawsuit, the latest in a string of lawsuits related to mislabeled products. Curaleaf is currently facing 10 lawsuits from consumers who allegedly ingested an incorrectly labeled CBD tincture that contained “undisclosed levels... Read more
Curaleaf Holdings, a vertically integrated multistate cannabis operator, is likely to face a wrongful death lawsuit, the latest in a string of lawsuits related to mislabeled products. Curaleaf is currently facing 10 lawsuits from consumers who allegedly ingested an incorrectly labeled CBD tincture that contained “undisclosed levels... Read more
LAS VEGAS, NV / ACCESSWIRE / December 20, 2021 / PRESS RELEASE / Planet 13 Holdings Inc. and Next Green Wave Holdings Inc. have announced that they have entered into a definitive arrangement agreement (the “Agreement”) pursuant to which Planet 13 will acquire all of the issued and outstanding... Read more
LAS VEGAS, NV / ACCESSWIRE / December 20, 2021 / PRESS RELEASE / Planet 13 Holdings Inc. and Next Green Wave Holdings Inc. have announced that they have entered into a definitive arrangement agreement (the “Agreement”) pursuant to which Planet 13 will acquire all of the issued and outstanding... Read more
Another dynamic year in the cannabis industry is coming to a close, and there’s certainly no shortage of themes and narratives and characters to look back on for a sense of all that’s happened. Here, the CBT editors provide some thoughts on their favorite stories of 2021. A Democrat-controlled Senate didn’t bring forth meaningful federal... Read more
Power REIT Obtains $20 Million Debt Financing Facility to Drive Future Growth Old Bethpage, New York, Dec. 23, 2021 (GLOBE NEWSWIRE) — Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”), with a focused “Triple Bottom Line” strategy and a commitment to people, planet, and profit, today... Read more
Curaleaf Announces Agreement To Acquire Natural Remedy Patient Center In Arizona Curaleaf continues its Arizona expansion, adding tenth dispensary in the state WAKEFIELD, Mass., Dec. 23, 2021 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA /OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer products in cannabis,... Read more
Ask any good lawyer the question, “is cannabis corporate governance important?” The answer will be a resounding yes. So why is it often ignored? Why do so many cannabis businesses treat governance as a box to tick on a checklist just once? Here’s a fact pattern our cannabis attorneys have seen time and time again:
For the past year, the Internal Revenue Service (IRS) has directed its attention to the cannabis industry– in a helpful way! This includes promulgation of cannabis tax guidelines as well as webinars and public forums dedicated to tax compliance for marijuana businesses (together, the “Guidelines”). The stated IRS goal here is “to positively impact filing
A bill to require the U.S. Department of Veterans Affairs (VA) to conduct clinical trials into the therapeutic potential of marijuana for military veterans would have a negligible fiscal impact, according to a new analysis from the Congressional Budget Office (CBO). However, just as when the agency issued its... Read more
