Corporate Issues

On September 1, 2026, the U.S. House of Representatives voted 370–48 to concur in the Senate’s amendments to H.R. 6500, the Continuing Appropriations and Extensions Act, 2027. The bill funds…

Continue Reading House Passes Resolution Delaying Most Federal Hemp-Definition Restrictions by One Month

The IRS’s Office of Chief Counsel recently published a memorandum providing information for cannabis companies struggling to comply with the completion of Form 8300, which must be filed every time…

Continue Reading IRS Issues New Guidance for Cannabis Companies That Receive Over $10K in Cash

Jennifer Benda, a Partner in Fox’s Denver, CO office, is an experienced tax attorney who handles tax controversy and income tax planning and compliance matters. She has significant experience…
Continue Reading Tenth Circuit: No Fifth Amendment Defense to the Application of Section 280E

It is not often when an employer defends a FLSA lawsuit by asserting that it is in an illegal business and therefore immune to suit. Sound funny? Well, that is…
Continue Reading One Toke Over the Line: Employer of Marijuana Workers Seeking FLSA Overtime Defends By Asserting Its Business Is Illegal

Jack Praetzellis writes:

Green California Vector IllustrationCalifornia law requires all contracts to have a “lawful object”.  Previously, this posed a problem for contracts involving cannabis since cannabis-related contracts are largely unlawful…
Continue Reading California Revised its Contract Law to Protect Cannabis Contracts (Effective January 1, 2018)

As I’ve posted before, here and here, Florida has struggled with its roll out of Amendment Two (medical marijuana) with delays in issuing licenses, processing patient i.d. cards, etc.
Continue Reading Six Months In And the Boom and Bust Has Already Hit Florida’s Medical Marijuana Industry

Venture capital is playing a growing role in the country’s emerging legal cannabis industry. Attorneys Emily J. Yukich and Matthew R. Kittay of Fox Rothschild’s Emerging Companies & Venture Capital…

Continue Reading ABA Panel Tackles Venture Investing in Cannabis Companies