San Diego company testing marijuana-derived multiple sclerosis therapy
Emerald Health Pharmaceuticals of San Diego has begun using a marijuana-derived therapy to experimentally treat small numbers of people who suffer from multiple sclerosis and scleroderma, a pair of autoimmune diseases. The small, phase 1 safety trial involves CBD, a compound found in marijuana. CBD has caught the attention... Read more
California Cannabis Bill Round-Up: What Matters Most
It’s not a normal day in California if there aren’t around 50 cannabis bills floating around Assembly halls. And this legislative session did not disappoint in getting certain much-needed cannabis legislation passed (though some important legislation also bit the dust). All in all, there is a lot of legislation... Read more
Cities Should Not License Cannabis Businesses. They Should Support Them.
.                       City cannabis licensing in action. Recently, the City of Portland announced that it would lower cannabis business licensing fees. Most notably, retail license fees have been reduced from $4,975 to $3,500, in line with other license types.... Read more
Scientists and patients who’ve long held that marijuana can be used to treat illness and disease are finally getting some backing from the federal government. The Drug Enforcement Agency currently lists marijuana as a Schedule 1 drug, meaning that it has no known medical use and a high potential... Read more
Brown’s veto of medical marijuana donation bill prompts outcry
SANTA CRUZ — A bill that had been hailed as a much-needed fix to California’s cannabis regulations was vetoed by Gov. Jerry Brown on Sunday, prompting outcry from advocates and promise from the bill’s author to continue pushing for the change. When recreational pot became legal in California in... Read more
DEA Reschedules FDA-Approved CBD
We’ve got ’em right here. As soon as the Food and Drug Administration (FDA) approved Epidiolex as the first cannabis-derived prescription, we knew this day would come. Epidiolex was the first approval for a purified drug substance derived from marijuana plants, after all, and marijuana is classified as a... Read more
Cannabis Cybersecurity: Information Security Standards in Oregon
Last week we discussed the data breach notification laws with which cannabis companies doing business in Oregon must comply following a cyber intrusion. Today, we discuss the safeguards these companies must adopt to protect the security, confidentiality and integrity of customers and employee (collectively, “Consumer”)’s personal information, who reside... Read more
Oregon Cannabis: Employees and Changes in Ownership
Your license transition plan should consider employees. You’re new to the Oregon cannabis scene and quickly realize you won’t be able to open a newly licensed cannabis retail store due to the Oregon Liquor Control Commissions (OLCC) pause on issuing new licenses that went into effect on June 15.... Read more
Big Name Cannabis Companies Bounce Back
The cannabis industry of recent has been shown to have a large amount of ups and downs as investors become comfortable with space and the public continues to back approval of the marijuana-based legislation. For this reason, many cannabis companies have seen their prices fluctuate, also due to the... Read more
A Gray Area: Foreign Investment in California’s Cannabis Industry
Coming soon to California cannabis? In addition to our California cannabis business attorneys’ work on corporate, finance, and transactional issues with marijuana-related businesses, we also work with our firm’s foreign direct investment group. As California has implemented MAUCRSA since January 1 of this year, we have been getting tons of... Read more
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