CANNIBIS

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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 […]

California’s Cannabis Taxes Are a Disaster

Cannabis regulation efforts are usually sold to voters or legislators with the express promise that a state will be able to milk the new industry for all it’s got through cannabis taxes. Don’t believe me? Well, look no further than California’s landmark Proposition 64, also known as the Control, Regulate and Tax Adult Use of Marijuana […]

MLK Day: Cannabis and Civil Rights

Last fall, I came across a memorable opinion piece by Steven King (paywalled), a guy who has written some 10 million words in his career. This particular piece was four short paragraphs, however. Seven sentences. It addressed mass shootings in the United States and it was uncharacteristically short because King concluded that the problem, though […]

What is the Deal with California Close Corporations?

We spill a lot of ink on the Canna Law Blog talking about different types of business entities that cannabis entrepreneurs often use. In most cases though, the choice is between LLC and corporation. It may come as a surprise to some readers that some states have many different subcategories of corporations, including California. Today […]

Delta-8 Trademarks Update – Canna Law Blog™

The impact on Delta-8 THC (“D8”) of AK Futures v. Boyd Street Distro, a 2022 Ninth Circuit decision, has been widely exaggerated. As my colleague Griffen Thorne explains: What AK Futures actually did was affirm a preliminary ruling in a trademark dispute where legality of delta-8 products was one of a number of issues at play. In order to […]

Oregon Cannabis: State of the State (2023)

Welcome to the eighth annual “State of the State” post on Oregon cannabis. Last year was memorable for Oregon the industry, pockmarked by OLCC scandal, heavy regulatory swings, and even marquee litigation. We also saw the state’s first very-large-business failure, more trade association consolidation, and other altibajos as my mother-in-law might say. Let’s go! Sales […]

What Cannabis Companies Can Expect When Borrowing Money

Cannabis companies that need more money than they can generate through sales generally have two options: borrow money (debt) or solicit investments (equity). Over the years as the industry has constricted, equity finance became less of an option. I recently predicted that equity investment will reignite when cannabis is rescheduled. But that hasn’t happened yet, […]

Why Nondisclosure Agreements are So Important

Nondisclosure agreements (sometimes abbreviated, “NDAs”) are some of the most important agreements a company can sign. At the same time, they can be some of the simplest agreements to get in place. Today I want to do a deeper dive into nondisclosure agreements, what they contain, and why they are important. What is a nondisclosure […]