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Proposed Legislation Cannabis-Related Businesses (CRBs)

Seyfarth Shaw LLP

The Week in Weed: July 2024 # 2

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, the House Appropriations committee weighed in on protecting state legal markets and rescheduling. A...more

Benesch

Cannabis Industry Quarterly Update: Q2 2024

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Biden administration formally proposes moving marijuana to Schedule 3 - Attorney General Merrick Garland has proposed reclassifying marijuana to Schedule III of the Controlled Substances Act, following President Biden's...more

Foley Hoag LLP

It’s Official: Biden Administration Publishes Proposed Rule to Reschedule Cannabis

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May 16, 2024, could be the most historic day in the history of state-legal cannabis. The Biden administration has published a Proposed Rule to Reschedule cannabis from Schedule I to Schedule III, which has far-reaching...more

Foley Hoag LLP - Cannabis and the Law

NYS Lawmakers Unveil Cannabis Industry Reform Proposals in State Budget Negotiations

Earlier this week, the NYS Senate and Assembly unveiled their “one-house budget proposals” in response to Gov. Kathy Hochul’s executive budget proposal in January. The one-house budget includes several proposals related to...more

Womble Bond Dickinson

Cannabis Legalization Efforts: How Far Did They Reach in 2023? How High Can They Go in an Election Year?

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As we enter another election year, cannabis legalization is sure to be a hot button issue at both the state and federal levels. A Gallup poll from November 2023 showed that public support for legalizing marijuana reached a...more

McGlinchey Stafford

States Poised to Take Action on Hemp-Derived Cannabinoids in 2024

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Over the last several years, there has been a dramatic increase in retail and online sales of products containing hemp-derived and synthetically created cannabinoids. As a result, an increasing number of states are poised to...more

McGlinchey Stafford

SAFER Act: Marijuana May Soon Become a Bigger Deal

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Proponents of marijuana reform have had cause for celebration in 2023. Despite challenges facing the industry, the political and social momentum surrounding cannabis is ticking upward. Most recently, the marijuana industry...more

Perkins Coie

Cannabis Legal Report – October 2023

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State Cannabis Regulators Urge Congress to Act on Hemp - The Cannabis Regulators Association (CANNRA) issued an open letter on September 15, 2023, calling on Congress to enact regulations that address safety concerns for...more

Troutman Pepper

State Attorneys General Push for Federal Action on Cannabis Banking Reform

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State attorneys general (AG) are continuing their push for cannabis banking reform, underscoring the need for action to promote public health and safety in legal cannabis markets. On Wednesday, a bipartisan group of 22 state...more

Foley Hoag LLP - Cannabis and the Law

Maryland Cannabis Administration Releases Additional Information, Access to Social Equity Verification Portal

On Friday, September 8, the Maryland Cannabis Administration (MCA) Office of Social Equity released additional information for its upcoming initial licensing round, including the social equity verification portal, application...more

Bradley Arant Boult Cummings LLP

A Watched Pot Never Boils: SAFE Banking on the Backburner Again

Advocates of the SAFE Banking Act – who by now must be feeling a little like Charlie Brown trying to kick the football – were dealt another setback last week. The beleaguered proposal finds itself simmering in committee just...more

Benesch

Cannabis Industry Quarterly Update: Q2 2023

Benesch on

There Has Been Little Movement in Federal Legalization. This has led to cannabis investors and companies to downgrade expectations for federal legalization and focus their strategies on state reform. Federal lawmakers...more

Foley Hoag LLP - Cannabis and the Law

CCC Hosts Virtual Listening Session on Social Consumption Licensing

On July 18, 2023, the Cannabis Control Commission (“Commission”) hosted the second in a series of three public listening sessions on social consumption licenses. This session, the only one of the three sessions that will be...more

Perkins Coie

Psilocybin: Updates in Oregon and Around the Country

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Oregon is the first state in the country to offer controlled use of psilocybin to the public. As we detailed in a prior Update, the state had finalized regulations. Now, the state has licensed its first psilocybin service...more

Foley Hoag LLP - Cannabis and the Law

New Jersey Cannabis: Drastic Expansion in License Ownership Rights

Both Houses of the New Jersey Legislature just passed a law that would allow anyone – including operators already holding other licenses in the State of New Jersey – to obtain ownership in up to seven (7) diversely-owned...more

Foley Hoag LLP - Cannabis and the Law

Maryland Releases Draft Cannabis Regulations in Preparation for Legalization on July 1, 2023

Last week the Maryland Cannabis Administration (MSA) released its draft emergency regulations for the state’s adult-use marijuana market which is set to come online on July 1. The draft regulations are subject to review by...more

Harris Beach PLLC

Proposed Legislation Designed to “Stabilize and Bolster” New York’s Cannabis Market

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Describing New York’s implementation of the 2021 Marijuana Regulation and Taxation Act as “bumpy,” State Sen. Jeremy Cooney has proposed legislation to address “urgent issues” facing the state’s adult use and medical cannabis...more

Husch Blackwell LLP

Legislators Make Another Run at Cannabis Banking Law

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Earlier this week, members of the U.S. House of Representatives and U.S. Senate reintroduced legislation that would allow regulated financial institutions to work with state-licensed cannabis companies. The Secure and Fair...more

Winthrop & Weinstine, P.A.

5 Things to Consider as the Minnesota Legislature Decides the Future of Cannabis

With the Minnesota House passing its version of an adult-use cannabis bill this week, and the Minnesota Senate scheduled to debate—and potentially vote on—its own bill, here are 5 things to keep your eye on....more

Foley Hoag LLP - Cannabis and the Law

Summary: Amendments to Maryland House Bill 556 and Senate Bill 516

Maryland House Bill 556 (cross-filed with Maryland Senate Bill 516), introduced on February 3, 2023, contains essential provisions for any person or entity interested in participating in the cannabis industry in Maryland....more

Foley Hoag LLP - Cannabis and the Law

SUMMARY: Maryland House Bill 556

Maryland House Bill 556 (cross-filed with Maryland Senate Bill 516), introduced on February 3, 2023, contains essential provisions for any person or entity interested in participating in the cannabis industry in Maryland....more

Bradley Arant Boult Cummings LLP

If You Don’t Believe, You Won’t Receive: Predicting Three Cannabis Reforms in the Coming Year

I’m not proud of it, but I’m the resident cynic amongst the editorial staff here at Budding Trends when it comes to federal marijuana reform. And after all, someone has to temper the frivolous whims of others. But we’re...more

Butler Snow LLP

Half-Baked: An Overview of Current Cannabinoid Laws & Regulations

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Over 50 years ago President Nixon declared a “War on Drugs,” leaving housewives over the country proclaiming marijuana to be the devil’s lettuce and urging sweet Billy to steer clear of the gateway drug...more

Bradley Arant Boult Cummings LLP

You Say Yes, I Say No: What the Recent State Cannabis Elections Say About the Future of Adult-Use Programs

Lost for many in the avalanche of news about the midterms, voters in five states went to the polls last month to vote on proposals allowing adult-use (often referred to as “recreational”) cannabis....more

Bradley Arant Boult Cummings LLP

Money for Nothing? Marijuana and the Midterms

I don’t think the great Mark Knopfler of Dire Straits was talking about Congress when he wrote “that’s the way you do it, money for nothing,” but the recent midterm elections reminded me of that cynical refrain. A few...more

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