Cannabis

  • June 03, 2020

    Bipartisan Pair Of Sens. Want More Disclosures On PPP Loans

    The Republican chairman of the U.S. Senate's small business committee joined with the panel's top Democrat on Wednesday to urge the Trump administration to disclose more details about the companies that receive Paycheck Protection Program loans from the Small Business Administration, saying more transparency is needed.

  • June 03, 2020

    Eaze Unit Owes $1M For Pot Billboards, Ad Firm Says

    A subsidiary of marijuana delivery company Eaze owes a billboard advertisement firm over $1 million in unpaid fees, according to a complaint filed in Oregon federal court on Wednesday.

  • June 03, 2020

    CBD Co. Strikes Deal In Shareholder Insider Trading Suit

    Shareholders who sued a CBD company for allegedly lying about plans to manufacture a CBD drink and reaping more than $800,000 through insider trading have asked a Maryland federal court to approve a settlement that would impose corporate governance changes on the company.

  • June 03, 2020

    Aurora Cannabis To Sell Alcohol Retailer Stake For $20.5M

    Aurora Cannabis said on Wednesday that it is offloading its nearly 25% stake in a Canadian liquor store and marijuana dispensary operator, banking 27.6 million Canadian dollars ($20.5 million) but taking a heavy loss on its investment.

  • June 03, 2020

    Ariz. Pot Dispensary Chain Hit With TCPA Suit Over Auto Texts

    A chain of Arizona medical marijuana dispensaries has been spamming users with unwanted marketing texts, according to a proposed class action filed in federal court Tuesday, the latest in a spate of suits alleging a cannabis company has violated the Telephone Consumer Protection Act.

  • June 03, 2020

    Cannabis Lobbies Urge 9th Circ. To Dump Pot Biz Tax Law

    The National Cannabis Industry Association and other groups are urging the Ninth Circuit to strike down the clause in the U.S. tax code that bars marijuana businesses from taking deductions, joining a California dispensary's appeal in its tax case to argue the clause is unconstitutional.

  • June 02, 2020

    RJ Reynolds Says Federal Law Bars LA County Vape Ban

    R.J. Reynolds asked a California federal judge on Monday to block a Los Angeles County ordinance that banned flavored vapes when it took effect last month, saying the prohibition was both overly severe and preempted by federal law.

  • June 02, 2020

    Investors Fight Cannabis Co.'s Bid To Nix Stock-Drop Suit

    A proposed class of investors in Canadian cannabis company Liberty Health Sciences Inc. urged a New York federal judge Tuesday not to toss their suit alleging the company caused a stock drop after misleading them about the nature of certain transactions.

  • June 02, 2020

    CBD Oil Co. Faces Claims Its Product Cost Customer His Job

    A Missouri man has sued a CBD company after one of its products allegedly caused him to fail a drug test and lose his job, despite assurances from the CBD store that the product would not trigger a test failure.

  • June 02, 2020

    Pot Co. Green Growth Gets OK To Start Insolvency Sale

    Beleaguered cannabis company Green Growth Brands will hit the auction block after a Canadian court on Tuesday cleared its asset sale plan and approved a stalking horse bid that would see creditors buy the company for an estimated $105 million.

  • June 02, 2020

    Cannabis Fund Buys Insolvent Canadian Grower For $10M

    A Canadian court on Tuesday approved the nearly $10 million sale of debt-ridden marijuana grower James E. Wagner Cultivation Corp. to a cannabis lender, in a deal the company said will prevent a bankruptcy.

  • June 01, 2020

    Rhode Island High Court Upholds Medical Pot Patient's Firing

    Rhode Island's high court on Friday affirmed a decision finding that W.B. Mason did not violate employment laws when managers asked a supply driver who used medical marijuana to undergo a drug test and fired him after he refused.

  • June 01, 2020

    Blank Check Co. Negotiating Deal With Global Cannabis Corp.

    A blank check company on Monday announced its plans to combine with global cannabis company Clever Leaves, a sign the industry is open to investment by such companies as more of these entities form with an eye on the sector.

  • June 01, 2020

    PetSmart Facing Class Action Over Pet Hemp Products

    A proposed class of customers is accusing PetSmart of selling a hemp oil for animals that has not been approved by the U.S. Food and Drug Administration, and that the company intended to mislead consumers about the product's legality.

  • June 01, 2020

    Consumers Say Co. Touts More CBD Than It Delivers

    CBD company Just Brands USA Inc. was hit with a proposed class action on Friday in California federal court alleging that the company inflates the amount of CBD on the labeling for its edible products and tinctures, with some containing no CBD at all.

  • June 01, 2020

    Pot Co. Acreage Raises $60M In Pair Of Funding Deals

    Cannabis company Acreage Holdings on Monday said it secured $60 million through a pair of funding agreements, including $10 million in debt secured with the company's medical marijuana dispensaries in Connecticut.

  • June 01, 2020

    Calif. Dispensary Latest Pot Company To Face TCPA Suit

    A medical pot dispensary in California was the latest in a slew of cannabis companies to face a proposed class action over Telephone Consumer Protection Act violations for allegedly sending unwanted spam marketing texts.

  • May 29, 2020

    Cannabis Bill Roundup: La. May Expand Medical Pot Access

    A Louisiana bill expanding the list of conditions that qualify patients for medical marijuana and a Missouri bill placing stricter regulations on edible products advanced through their respective statehouses this week. Here, Law360 takes stock of some of the legislative developments in cannabis at the state and federal level.

  • May 29, 2020

    COVID-19 Securities Catch-Up: The 8 Biggest Investor Actions

    At least 50 federal securities cases with references to COVID-19 have been filed in the past three months, including merger challenges, regulatory enforcement actions and sprawling investor suits, according to a Law360 review of filings. As the pandemic pushes into the summer, Law360 is taking a look at eight major investor actions that were brought in connection with the novel coronavirus since March.

  • May 29, 2020

    Fla. Tells State High Court Medical Pot Statute Is Lawful

    Florida has told the state's high court that a medical pot dispensary is not likely to succeed in its claims that Florida's licensing system law for dispensaries amounted to an unconstitutional "special law," saying the statute is reasonable and rational.

  • May 29, 2020

    Columbia Care Accused Of Plot To Steal Fla. Pot License

    Cannabis industry juggernaut Columbia Care is facing a lawsuit in New York state court over claims it conspired to steal a Florida medical marijuana license from the company that applied for it.

  • May 29, 2020

    Can Cannabis Survive The Virus? The Cash Crunch Intensifies

    Nearly three months after the pandemic stay-at-home orders began, cannabis companies already facing a capital crunch are encountering fewer investors, more questions and harsher terms as they fight to raise the money to stay in business beyond COVID-19.

  • May 29, 2020

    Pot Marketing Co. Wants TCPA Suit Paused For High Court

    A cannabis marketing company has asked a California federal court for a timeout in a proposed class action over unwanted texts, saying the fate of the law that consumers are suing under hangs in the balance before the U.S. Supreme Court.

  • May 28, 2020

    Nev. Officials Probe MedMen Exec's Campaign Contributions

    The Nevada secretary of state on Thursday said he is investigating allegations that former MedMen CEO Adam Bierman sought to evade campaign finance laws by pressing a former executive to donate to a Silver State politician.

  • May 28, 2020

    Pot Farming Not Protected Under Constitution, Judge Says

    A Washington federal judge has tossed due process claims brought by a pot growing operation that was forced to close after the county it was located in retroactively banned cannabis production, saying the right to cultivate cannabis is not a protectable property interest under the U.S. Constitution.

Expert Analysis

  • Best Practices For A Paperless Law Practice

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    A significant challenge in practicing law remotely is the use and handling of documents without paper, because common digital tools such as email or even secure file transfer applications are problematic, say attorneys at Baker McKenzie.

  • Opinion

    Lawyers Must Address Racial Injustice With Radical Candor

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    The legal industry is uniquely positioned, and indeed obligated, to respond to the racial disparities made clear by the recent killings of George Floyd and Breonna Taylor, but lawyers must be willing to be uncomfortable, says Tiffani Lee at Holland & Knight.

  • How Lawyers Can Network Better, Virtually And In Person

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    The current decrease in formality and increase in common ground due to the work-from-home environment can make it easier to have a networking conversation, says Megan Burke Roudebush at Keepwith.

  • Practical Tips For Presenting Your Case To Litigation Funders

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    One mistake that attorneys commonly make when presenting a case to a third-party funder is focusing almost exclusively on liability and giving short shrift to the damages analysis — resulting in an aspirational damages estimate that falls apart under scrutiny, say Cindy Ahn and Justin Maleson at Longford Capital and Casey Grabenstein at Saul Ewing.

  • Avoiding Inadvertent Privilege Waivers In E-Communications

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    Attorneys at WilmerHale highlight recent developments in privilege law, the significant challenges raised by nontraditional working arrangements popularized during the pandemic, and ways to avoid waiving attorney-client privilege when using electronic communications.

  • 5 Tips For Drafting Effective Legal Billing Guidelines

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    To properly manage outside counsel, it's imperative for a company's legal department to implement and maintain rules on what they will and won't pay for, on staffing cases and requesting rate increases, and on how matters will be handled, says Chris Seezen at Quovant.

  • Opinion

    Don't Cancel Your Summer Associate Programs

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    While pulling off an effective summer associate program this year will be no easy feat, law firms' investments in their future attorneys should be considered necessary even during this difficult time, says Summer Eberhard at Major Lindsey.

  • 5 Ways To Reduce Post-Pandemic Legal Malpractice Exposure

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    History suggests that legal malpractice claims will rise following the current economic downturn, and while a certain percentage of the claims will be unavoidable, there are prophylactic steps that law firms can take, says John Johnson at Cozen O'Connor.

  • Opinion

    Credibility Concerns About Virtual Arbitration Are Unfounded

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    Concerns that videoconferenced arbitration hearings compromise an arbitrator's ability to reliably resolve credibility contests are based on mistaken perceptions of how many cases actually turn on credibility, what credibility means in the legal world, and how arbitrators make credibility determinations, says Wayne Brazil at JAMS.

  • A Lawyer's Guide To Client Service Continuity Planning

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    Ensuring uninterrupted client service and compliance with ethical obligations in a time when attorneys are more likely to fall ill means taking six basic — yet often ignored — steps to build some redundancy and internal communication into legal practice, say attorneys at Axinn.

  • Virtual Meetings Could Be Fertile Ground For Legal Discovery

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    Many remote meeting technologies include recording features as default settings, raising three primary concerns from a legal discovery and data retention perspective, and possibly bringing unintended consequences for companies in future litigation, says Courtney Murphy at Clark Hill.

  • Contingent Fees A Great Option For Cos. During Downturn

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    In-house counsel may assume that "elite" law firms will turn up their noses at the idea of contingent fees, but such arrangements, whether pure or hybrid, are offered by many firms — even to defendants — and may be the answer to tight litigation budgets, say attorneys at Fish & Richardson.

  • The Role Of Remote Mediation After The Crisis Is Over

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    When the dark cloud of COVID-19 has passed and resolution centers are once again peopled with warring parties and aspiring peacemakers, remote mediations will likely still be common, but they are not going to be a panacea for all that ails the dispute resolution industry, says Mitch Orpett at Tribler Orpett.

  • 7 Steps To Romancing The Virtual Classroom

    Excerpt from Lexis Practice Advisor
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    For professors, trainers, lawyers, students and businesses grappling with the unexpected challenges of distance learning, trial attorney and teacher James Wagstaffe offers best practices for real-time online instruction.

  • 5 Tips For Emergency Relief Petitions During COVID-19

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    Business disputes are not a priority for courts right now, so companies looking to protect their trade secrets or rights to contractual performance must tailor their requests for emergency relief to the unique circumstances of this time, says Shannon Armstrong at Holland & Knight.

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