Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) is pleased to provide an update on the operations of its European subsidiaries as the company continues its pursuit of sustainable market expansion, ranging from production and processing to distribution in federally legal European markets. Successful clone transfer brings Spectrum Cannabis Denmark significantly... Read more
Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) today announced that the Company, through its wholly owned German subsidiary Pedanios GmbH, has become the first licensed supplier of medical cannabis to patients in Malta. The import license issued by the Malta Medicines Authority was received on June 5,... Read more
On June 13, the U.S. Tax Court issued an opinion regarding the application of IRC §280E. In Alterman v Commissioner of Internal Revenue (“Alterman“) the Court held, yet again, that IRC §280E operates to disallow a cannabis businesses’ tax deductions. A few days later, the Court also issued Loughman vs.... Read more
In Part 1 of this series we discussed how mediation works in most cannabis disputes. Today, we discuss some strategic considerations to increase the likelihood of success in cannabis mediation. Know your audience(s): Unlike in litigation or arbitration, where your audience is a disinterested third party judge, jury,... Read more
…with your California cannabis lease. The current state of enforcement in California tends to be dominated by headlines about the Department of Justice, Jeff Sessions, the DEA, and the Controlled Substances Act. And for good reason—under the constitution, federal law is the law of the land, and commercial landlords... Read more
Is your “intern” really an intern? A simple google search for “Cannabis Intern” turns up around 340,000 results. As an employment attorney, the word “intern” is a major red flag for me — right up there with “independent contractor.” Why? Because “intern” positions are often misused and many businesses,... Read more
InMed Pharmaceuticals Inc. (TSX:IN; OTCQX:IMLFF), a fully integrated, cannabinoid-based biopharmaceutical company that leverages its proprietary biosynthesis platform technology to develop novel therapeutics for the treatment of diseases with high unmet medical needs, today announced that it has closed the “bought deal” financing originally announced on June 12, 2018, and that... Read more
Well Seed Investors, It’s finally happening! Canadian Prime Minister Justin Trudeau announced yesterday the official date for marijuana legalization in Canada, and that date is October 17, 2018. After a tense journey through the Senate and House of Commons which saw the Senate make over 50 amendments, it was... Read more
Copyright is an aspect of intellectual property (IP) law less frequently considered by cannabis businesses than trademark, trade secrets or even patents it seems. Yet, like these other forms of intellectual property, copyrights can afford their holders with market dominance and profitability when utilized correctly. Almost all marijuana businesses... Read more
No shortage of cannabis news in Oregon. Here we are a few years into legalization of recreational cannabis sales in Oregon, and it’s never a dull moment. Over the past week or so, there were three significant developments around the state with respect to marijuana law and policy. We... Read more