The Week in Weed: November 2019 #5

Seyfarth Shaw LLP

[author: Susan Ryan]

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

Those in the marijuana industry in California will face a higher tax bill in January. The 15% tax rate will remain the same, but it will be based on a markup rate of 80%, rather than the current 60%.

We’ve reported previously on groups pushing for a legalization initiative in Florida. Not everyone in the Sunshine State is in favor of legal cannabis, however. Floridians Against Recreational Marijuana are organizing against legalization.

What’s the latest in the world of hemp transport? Glad you asked. The governor of Idaho (which has not yet legalized hemp) signed an executive order allowing the transport of hemp across state lines. Sadly, that won’t really help much if you’re trying to take hemp from Colorado to Minnesota.

In federal news, the U.S. Substance Abuse and Mental Health Services Administration has prohibited the use of medical marijuana as a treatment for opioid addiction. At present, only two states, Pennsylvania and New Mexico, list opioid addiction in their medical cannabis qualifying conditions lists.

And speaking of New Mexico, medical marijuana might not be just for humans anymore! The state’s Medical Cannabis Advisory Board will consider petitions to allow cannabis use for dogs with epilepsy when they meet next, in December.

In keeping with the holiday spirit, we would like to take a moment to thank you, our readers. It’s a pleasure to provide you with this post every week.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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