More Banks and Credit Unions Are Working with Cannabis Businesses

According to a recent report from the U.S. Treasury Department’s Financial Crime Enforcement Network (“FinCEN”), a growing number of financial institutions are willing to work with cannabis businesses. As of September 30, 375 banks and 111 credit unions were managing marijuana business accounts. These numbers reveal a steady growth in the number of financial providers…

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Tenth Circuit to Decide if Fair Labor Standards Act Applies to Cannabis Businesses

As we all know, cannabis remains a federally controlled substance, and therefore illegal at the federal level. However, most states have some form of legalization. I have always advised my cannabis business clients to comply with both state and federal laws when it comes to employment laws. It seems to be the safest bet to…

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Five Key Documents Necessary to Understand Industrial Hemp Law

On Thursday, November 30, I’ll be speaking at a presentation hosted by the Seminar Group titled, “The Business of Marijuana in Washington State.” In preparation for this event, I’ve put together a list of materials that I think are vital to understanding the law on hemp-derived CBD (Hemp-CBD). Below is a list of statutes, cases, and…

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Senate Majority Leader Guarantees Industrial Hemp Legalization

Just two weeks after Speaker of the House Paul Ryan expressed public support for the legalization of industrial hemp, Senate Majority Leader Mitch McConnell is now guaranteeing that the 2018 Farm Bill will include the industrial hemp legalization provision once the House and the Senate solve their difference regarding this issue. If there’s a Farm…

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BREAKING NEWS: Cannabis Wins Big at the Midterm Elections

Today was a stellar day for marijuana advocates around the country. Not only did a handful of states authorize legalization of medical and recreational marijuana at the polls, but the Democratic Party took control of the House of Representatives, and one very problematic Congressman, Pete Sessions, was sent packing down in Texas. Below is a…

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BREAKING NEWS: Anti-Marijuana Attorney General Jeff Sessions Resigns

Jeff Sessions, the drug warrior that may or may not have liked the KKK until he found out they smoked pot, is out as U.S. Attorney General. After two years of being relentlessly bullied by President Trump, Sessions has apparently had enough. The Sessions resignation is of special interest to the marijuana industry because of…

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Paul Ryan Supports Legalizing CBD and Industrial Hemp

Earlier this week, Speaker of the House Paul Ryan announced his support to end federal cannabidiol (“CBD”) prohibition and expressed strong support for the uses of industrial hemp. To view the video of Ryan’s comments, go here at the 21:15 mark. For any newbies out there, CBD is one of the many chemical compounds in a…

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Commercial Cannabis Case Law Update: Federal Courts Continue to Find a Balance
Federal courts are finding ways to enforce cannabis contracts nationwide. We’ve written previously about how courts, especially U.S. District Courts charged with applying and interpreting federal law, are wrestling with inconsistencies between state and federal law when it comes to state-legal cannabis. A little over a year ago, the... Read more
Oregon Congressman Releases “Blueprint to Legalize Marijuana”
Nice going Earl! Oregon congressman Earl Blumenauer, one of Congress’ most vocal marijuana proponents, is the author of an eight-page document, which consists of a step-by-step plan to enact the end of  federal cannabis prohibition. Blumenauer’s plan, which he submitted to the Democratic Leader last Wednesday, is to legalize... Read more
The Trump Administration Wants Your Opinion on Cannabis
Last Wednesday, the Food and Drug Administration (FDA) announced it was seeking public comments regarding “abuse potential, actual abuse, medical usefulness, trafficking, and impact of scheduling changes on availability for medical use ….” of cannabis and other substances currently under international review. If you want to take FDA up... Read more
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