How Federal Cannabis Legalization Affects Your State?
The MORE Act has –finally- been set for vote in the following days, after initially been set for September but pushed back due to COVID-19. The MORE Act, seeks to decriminalize marijuana at a federal level, expunge the records of people with prior marijuana convictions, and impose a federal five percent tax on cannabis sales, revenue that […]
Cannabis Lawsuits Signaling a Maturing Market?
One of the main aspects of a healthy market is the ability to mobilize the justice system to protect your business. In this sense, are cannabis lawsuits signalling a maturing market? Recently, Benzinga reported that a CBD Chain could sue Visa for “terrorizing” its business. Reportedly, MNG 2005, Inc. a Missouri-based CBD chain was […]
Germany Rejected Marijuana Legalization
Recently, Germany rejected marijuana legalization, proposed in the “German Cannabis Control Bill” by the initiative of the German Green Party. The bill proposed the removal of cannabis from the list of Scheduled drugs on its Narcotics Act (the Betäubungsmittelgesetz or BtMG), and to regulate cannabis in a similar way to alcohol, with adults from 18 […]
South Dakota Law Officers Sue to Overturn Cannabis Legalization
Pennington County Sheriff Kevin Thom and South Dakota Highway Patrol Superintendent Rick Miller filed a lawsuit against marijuana legalization in South Dakota on Friday. With this lawsuit, they challenge the constitutional amendment recently passed by South Dakota voters that established the legalization of recreational marijuana in the state. South Dakota Constitutional Amendment A was passed […]
The MORE Act – Analysis of its implications
Recently, in an emailed statement, House Majority Leader Steny Hoyer promised that the House would vote on the MORE Act in December, after postponing the MORE Act vote that was supposed to take place on September 21 indefinitely. At the time, it was reported that moderate Democrats expressed concern about voting on the MORE Act […]
Illinois Cannabis Licenses Delayed Until Spring 2021
Litigation surrounding Illinois first cohort of 75 cannabis dispensary licenses should be a warning for any state that has cannabis legalization plans, or election results to deal with. Illinois Dispensary License Applications are months behind schedule, with no end in sight. The five new legal states do not have to turn into a logjam of litigation that stalls […]
