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Cannabis
Cannabis Law360 provides breaking news and analysis of emerging and evolving legal issues surrounding cannabis. Coverage ranges from regulatory and policy concerns facing the industry to the business of lawyers who counsel cannabis companies. Among the practice areas covered are intellectual property, mergers & acquisitions and employment.
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Latest News in Cannabis
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May 13, 2024
US Tells DC Circ. Ayahuasca Church's Settlement Inapt
Federal regulators are telling the D.C. Circuit to ignore a recent settlement that will allow a Phoenix-based church to continue using ayahuasca in its ceremonies, saying it has nothing to do with the Iowa-based ayahuasca church challenging the IRS's refusal to give it tax-exempt status.
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May 13, 2024
Alaska House Passes Bill To Levy 7% Marijuana Retail Tax
Alaska would update its marijuana tax regime by levying a 7% tax on sales and phasing out the current $50 per ounce excise tax as part of a bill passed by the state House of Representatives.
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May 13, 2024
Medical Pot Patient Drops Discrimination Suit Against US Steel
A former U.S. Steel Corp. employee who says he was wrongly fired for using medically licensed marijuana off the job has quietly dropped his race and disability discrimination suit against the company, according to a filing in Pennsylvania federal court.
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May 10, 2024
NY Gov. Orders Shakeup Of Cannabis Regulatory Agency
New York Gov. Kathy Hochul on Friday announced an overhaul of the state's embattled cannabis regulatory agency, unveiling an investigative audit that showed how "inexperienced" leaders "wasted valuable time and resources," and then declaring $5 million in one-time grants would be awarded to a select group of applicants who took a financial hit by the licensing delays.
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May 10, 2024
Texas Man Gambled Away Hemp Biz Investments, SEC Claims
The U.S. Securities and Exchange Commission has filed suit in Colorado against a Texas man and his purported hemp industry investment businesses, alleging he spent over half of nearly $1.3 million raised from investors over three years on sustaining a lifestyle involving full-time gambling.
Areas of Coverage
- AGENCIES
- U.S. Food & Drug Administration
- Federal Trade Commission
- Drug Enforcement Agency
- U.S. Department of the Treasury
- California Bureau of Cannabis Control
- Department of Health & Human Services
- Financial Crimes Enforcement Network
- U.S. Securities and Exchange Commission
- U.S. Commodity Futures Trading Commission
- U.S. Department of Justice
- State and international regulators
- POLICY & REGULATION
- SAFE Banking Act
- STATES Act
- Marijuana Opportunity Reinvestment and Expungement, or MORE, Act
- Section 280E of the Internal Revenue Code
- Rohrabacher–Farr amendment
- Bank Secrecy Act
- Federal and state legislation
- ENFORCEMENT
- FDA and FTC actions over cannabis’s purported health claims
- IRS actions against cannabis companies
- Antitrust investigations
- Financial regulatory actions
- Federal criminal matters
- State enforcement actions
- LITIGATION
- Civil RICO actions brought against cannabis concerns
- Employment disputes
- Securities class actions
- Intellectual property matters
- Consumer class actions
- Bankruptcy
- Tax disputes
- Challenges to federal or state regulations
- TRANSACTIONS
- M&A activity involving cannabis companies
- Commercial real estate transactions
- PROFILES
- Personnel moves
- Profiles of law firm cannabis practices
- Federal and state policymakers and lawmakers
- General counsel interviews
READERSHIP
- Cannabis lawyers at large to medium-sized law firms and boutiques
- In-house counsel, compliance officers and executives at cannabis companies
- Counsel and executives at venture capital and investment firms
- Policymakers at federal and state agencies
- Federal and state lawmakers
- Judges and court staff across the U.S.
- Professors, students, and library staff at every accredited law school in the U.S.