Last Thursday, Attorney General Jeff Sessions issued a policy Memo regarding Marijuana Enforcement that effectively rescinded the 2013 “Cole Memo” guidance, which endorsed a more “hands off” approach
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Federal Data Shows More Banks Are Serving Marijuana Businesses
The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has released updated statistics showing a steady increase in the number of depository institutions that actively bank U.S. marijuana businesses. As of
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ABA Panel Tackles Venture Investing in Cannabis Companies
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
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Senator Cory Booker Introduces The Marijuana Justice Act of 2017
Yesterday, U.S. Senator Cory Booker (D-NJ) introduced the Marijuana Justice Act of 2017. The bill, which Senator Booker first announced on Twitter and then described more fully on Facebook Live,
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Tenth Circuit Gives Landowner Green Light for Private Right of Action against Adjacent Marijuana Growers
In a recent ruling, the Tenth Circuit addresses multiple controversies where private citizens, sheriffs and county attorneys, and neighboring states brought several suits attempting to limit or interfere with Colorado’s
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Marijuana Banking Update Issued by FinCEN
The Financial Crimes Enforcement Network of the U.S. Department of the Treasury (FinCEN) recently issued a Marijuana Banking Update, with data through March 31, 2017. The number of banking institutions
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Jennifer Benda Speaks About IRC Section 280E And IRS Enforcement
On May 10, 2017, our partner, Jennifer Benda, will be speaking at a Colorado Bar Association event in Denver. She will be presenting an overview of federal taxation of marijuana,
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Court Rejects Bias Claim of Licensed Medical Marijuana Caregiver Fired from Restaurant for Selling Drugs
An Outback Steakhouse employee who was fired for distributing drugs to a co-worker despite her status as a licensed
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Bloomberg Law Features Fox Rothschild’s Cannabis Practice
Josh Horn, Co-Chair of Fox Rothschild’s Cannabis Law Practice Group, was recently interviewed by Big Law Business, a Bloomberg Law publication. Josh discussed his inspiration for entering the cannabis law
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Does This Give Rise To A Happy 420
Over the years, federal spending for the prosecution of medical marijuana businesses has been curtailed by the Rohrabacher-Farr Amendment to the spending bills. Now that Farr is retired, the question
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