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Chalice Goes Down – Canna Law Blog™

News broke yesterday which will affect quite a few people in the Oregon cannabis industry. Chalice Brands Ltd. (CSA: CHAL) obtained a court order in Ontario, Canada (“Initial Order”) which grants the company and its affiliates protection (a “stay”) from creditors. At least temporarily. The Initial Order is here and the Chalice press release is […]
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Maryland Joins the Club – Canna Law Blog™

Maryland recently became the latest state in the United States to legalize adult-use cannabis, joining an ever-growing club. Following a 2022 referendum, the Maryland General Assembly passed a cannabis reform act (cross-filed as House Bill 556 and Senate Bill 516) that authorizes the the sale of cannabis from licensed dispensaries to adults starting on July […]
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Times are Tough: Cannabis Joint Ventures May Help

We’ve written a lot recently about how cannabis companies are falling on tough economic times in this roiling economy. When times get lean, cannabis companies need to innovate and get more competitive with services and product offerings. This is in addition to consolidation, cost cutting, and going after third parties that owe you money. One […]
Thanos Tha Boss
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Cannabis Litigation: Defaults and Default Judgments

One thing to know about litigation is that timing is everything. Many clients that come to us are unaware that the process of litigating is governed by a series of statutorily-defined deadlines and schedules. Failing to abide by those deadlines can have huge effects on a litigant’s position in a lawsuit. One of the worst […]
Thanos Tha Boss
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Yes, Good Corporate Governance is Critical

Corporate governance is a basic requirement of any business. So of course, cannabis businesses often just ignore it. Some of them may pay a lawyer to put together a simple set of bylaws and an organizational resolution (or operating agreement for an LLC), and then basically close their files until something “big” comes up. This […]
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Webinar Takeaways: IRS Cannabis Taxes and Enforcement

On April 13th, I moderated a webinar about cannabis taxes called “IRS Enforcement of Cannabis Operators is Here – What Do We Do Now?“. Cannabis taxes should scare anyone in the industry, but federal incomes taxes under I.R.C. 280E probably take the cake when it comes to general anxiety. Our webinar featured Ani Gaylan and […]
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Cannabis Scams 3.0 – Canna Law Blog™

In an era of Theranos, Fyre Fest, FTX and WeWork, cannabis scams, frauds, and scandals probably pale in comparison. However, cannabis scams (and their evolution) are still worth noting, spotting, and avoiding at all costs. I’ve written about cannabis scams in the past (see here), and it’s one of my favorite topics given the still-emerging […]
Thanos Tha Boss
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New Hampshire Close to Legal Adult Use Cannabis

New Hampshire is halfway to legal adult use cannabis, following the approval of House Bill 639 on April 6 by a wide margin of 272-109. While the Granite State decriminalized the possession of cannabis in 2017, it is still a fineable offense, and in any case only applies where the amount of cannabis does not […]
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Pesticide “DDT” Derivative Found in Several WA Cannabis Products

The Washington State Liquor and Cannabis Board (“WSLCB”) sent an alert on Thursday, April 6, notifying cannabis licensees of a pattern of pesticide testing failures in Okanogan County. The WSLCB detected several instances of products containing dichlorodiphenyldichloroethylene (“DDE”) through random pesticide testing and many exceed action levels. The WSLCB is taking the following immediate action […]
Thanos Tha Boss
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