CANNIBIS

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Washington May Raise the Minimum Age for High THC Cannabis Purchases

Washington House Bill 2320 Washington State has often led the way in progressive cannabis policies. However, the introduction of House Bill 2320 by the Washington State legislature could mark a pivotal shift in this trajectory. This bipartisan bill proposes to raise the minimum age to 25 years for purchasing and consuming products containing 35% or […]

Thanos Tha Boss

March 16, 2024

Washington State Eliminates Medical Cannabis Taxation

In November 2012, Washington voters approved the production, processing, and retail sales of recreational cannabis within Washington state under what is known as Initiative 502 (“I-502”). Washington state then provided a regulatory framework for how the legalization of recreational cannabis production, processing, and retail sales would be regulated under what would become the Washington State […]

Thanos Tha Boss

March 12, 2024

Investing in Cannabis: Five Due Diligence Red Flags

Our cannabis team has performed due diligence on countless business purchases, investments, loans, and just about every other kind of transaction you can imagine. As you can imagine, we’ve seen some pretty bad and even sketchy things over the years. With rescheduling on the horizon (see here and here), we expect to see an increase in loans, investments, […]

Thanos Tha Boss

March 8, 2024

Changing Interstate Cannabis Sales – Canna Law Blog™

As states slowly but inevitably continue to legalize cannabis medically or recreationally, we often need to be reminded that cannabis is still illegal on the federal level. Due to this widespread, ineffective prohibition, the cannabis industry and its many operators must follow a very extensive and strict set of parameters to ensure that they remain […]

Thanos Tha Boss

March 4, 2024

California Cannabis Tax Collection and Penalty Nightmares

California’s cannabis taxes are a disaster, with no end in sight. I’ve written about the state’s tax problems extensively, but today I want to talk about what the state can do when it comes to tax collection. Late cannabis taxes? Get used to hefty penalties If a licensed cannabis business fails to timely or fully […]

Thanos Tha Boss

February 29, 2024

Australia Cannabis: Recreational Use Legislation Update

Australia is said to have one of the highest cannabis prevalence rates in the world and public attitudes to its use are shifting. North American, European and other cannabis companies looking for investment opportunities would do well to follow these shifts. Growing cannabis for medicinal and scientific purposes was legalized under federal law in 2016. […]

Thanos Tha Boss

February 25, 2024

Grading the Presidential Candidates on Cannabis: Donald Trump

Throughout the course of both of his initial candidacy and eventual presidency, the businessman-turned-reality TV star-turned-President and Republican frontrunner for the 2024 election, Donald Trump, had a rollercoaster of a political relationship with cannabis reform. From previous supportive comments to appointing people who were perhaps the physical embodiment of the failures of the drug war, […]

Thanos Tha Boss

February 21, 2024

Thoughts on THCA, Interstate Sales…. and Oregon

Friend of the firm Andrew DeWeese published a recent LinkedIn post on Oregon’s outlying stance on THCA the other day, and the priorities of local industry advocates. I wanted to highlight that post and discuss today– it’s a compelling post and I have all sorts of thoughts about it. Here it is: Let’s break it […]

Thanos Tha Boss

February 17, 2024

California Bill May Change State’s Cannabis and Hemp Industries

On February 7, 2024, California Assembly Member Aguilar-Curry introduced AB 2223. The bill, if passed, would significantly change the state’s cannabis and hemp industries – for better or worse. Today, we’ll take a look at how AB 2223 could change both the cannabis industry and hemp industry in the Golden State. First though, a brief […]

Thanos Tha Boss

February 13, 2024

California Gives Up on the Illegal Cannabis Market: Another Update

California publishes quarterly data concerning its “enforcement” efforts against the illegal cannabis market. Over the last couple of quarters, I’ve gotten in the habit of analyzing this data (see here for Q3 2023, and here for Q2 2023). I’ve been blogging here since 2018 and my opinion is that the state is doing very, very […]

Thanos Tha Boss

February 9, 2024

International Cannabis: Adams Lee, Vince Sliwoski on the Simply Trade Podcast

Two of our international cannabis lawyers, Vince Sliwoski (business) and Adams Lee (international trade), recently joined the Simply Trade podcast for a lively discussion on the international cannabis trade. You can hear that free-ranging, informative conversation at either of the following links: As explained in the Simply Trade show notes: This episode explores the complex […]

Thanos Tha Boss

February 5, 2024

Grading the Presidential Candidates on Cannabis: RFK Jr.

Every election cycle, we grade the many of the presidential candidates based on their track record with cannabis (here’s our summary of 2020’s main candidates). We kicked off 2024 with our analysis of incumbent President Joe Biden (Grade C), and followed up with Republican challenger Ron DeSantis (Grade C+), who recently dropped out of the […]

Thanos Tha Boss

February 1, 2024