Until recently, the bankruptcy courts have generally been unavailable for insolvent cannabis companies to liquidate or reorganize. The Office of the United States Trustee (the “UST”) has a mandate from
Continue Reading In re The Hacienda Company, LLC – a Flicker of Hope for Distressed Cannabis Companies: Can Non-Operating Cannabis Companies Liquidate in Bankruptcy?General Cannabis Law News & Updates
Debt Collection Compliance Considerations for Cannabis Retailers
A cannabis retailer, and those who collect debt on their behalf, may not be governed by the Fair Debt Collection Practices Act (FDCPA), but they probably should act like it. …
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Minnesota Legislature Introduces Bill Proposing Legalization of Adult-Use Cannabis
Today, January 5, 2023, the Minnesota House of Representatives introduced its newest bill proposing the legalization of adult use cannabis in the State of Minnesota. As discussed in my blog …
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Minnesota Moratoriums Still Exist
A friendly reminder to Minnesota readers – local governments with moratoriums on the sale, manufacture and distribution of hemp-derived THC edibles will pursue violations. As reported last week by WCCO…
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Midterm Round-Up: Cannabis and Psychedelics in the U.S.
Missouri legalized recreational marijuana in its 2022 midterm elections. Maryland preliminarily legalized recreational cannabis in its elections. Maryland just needs its General Assembly to pass laws governing cannabis in the…
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Midterm Round-Up: Marijuana in Missouri
Missouri has legalized marijuana. It joins 20 other states and the District of Columbia in allowing adult recreational use of marijuana.
Starting December 8, 2022, adults 21 and older may…
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Midterm Round-Up: Maryland Legalizes Cannabis
Maryland has preliminarily legalized cannabis. It would join 20 other states and the District of Columbia in allowing adults to use marijuana recreationally as long as the Maryland General Assembly…
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Minnesota CBD – 5mg THC per serving; 50mg THC per package
Changes regarding cannabis law in Minnesota are underway as HF3595 passed as part of an amendment to HF4065 in both the House and Senate and the bill was signed by…
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NC Senate Passes Medical Marijuana Bill
Today the North Carolina Senate gave its final approval of Senate Bill 711 to legalize medical marijuana. This occurred just days after giving the initial approval. Prior to the vote,…
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Update on Status of Illinois Dispensary Licenses
Background
With recent litigation indicating potential further delays for the distribution of additional adult-use dispensary licenses in Illinois, perhaps it makes sense to review how the Land of Lincoln found…
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