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 a company receives a cash payment over $10,000. The memorandum was issued in response to a series of questions from…
Continue Reading IRS Issues New Guidance for Cannabis Companies That Receive Over $10K in CashSahan Journal reports, after discussion with the Minnesota Office of Cannabis Management, that the…
Continue Reading Minnesota Regulatory UpdateMinnesota has asked interested parties to give initial regulatory comments around cultivation, processing and manufacturing…
Continue Reading Minnesota asks for Initial CommentsSubscribe to In the Weeds
The Latest
MPR News published an engaging article on recent enforcement from the Minnesota Pharmacy Board on the sale of hemp edibles with a cautionary reminder for attorneys to delete your Microsoft…
Continue Reading Minnesota Enforcement – Delete your Word CommentsMinnesota Legislature Approves Adult-Use Cannabis Regime; Governor says he will sign
On Friday, May 19, 2023, Minnesota’s Senate approved the negotiated and final version of Minnesota’s new adult-use cannabis regime.
Here is the full bill: HF 100 12th Engrossment – 93rd…
Continue Reading Minnesota Legislature Approves Adult-Use Cannabis Regime; Governor says he will signMinnesota Recreational Cannabis Bill Passes Conference Committee; Final Approval Likely Imminent
Late Tuesday night, on May 16, 2023, a House-Senate conference committee issued its approval and published an updated version of the Minnesota Adult-Use Recreational Cannabis Bill. A final vote on…
Continue Reading Minnesota Recreational Cannabis Bill Passes Conference Committee; Final Approval Likely ImminentYesterday, April 28, the Minnesota Senate passed H.F. 100, the Minnesota House bill establishing an adult-use recreational cannabis regime, but with several amendments. The Minnesota Senate and House will…
Continue Reading Minnesota Senate Passes Adult-Use Recreational Cannabis BillYesterday, on April 25, 2023, the Minnesota House of Representatives voted to legalize the adult use of recreational cannabis. The bill, which has been in the works since the start…
Continue Reading Minnesota House of Representatives Passes Adult-Use Recreational Cannabis BillIn re The Hacienda Company, LLC – a Flicker of Hope for Distressed Cannabis Companies: Can Non-Operating Cannabis Companies Liquidate in Bankruptcy?
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?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. …
Continue Reading Debt Collection Compliance Considerations for Cannabis RetailersBarstow, California, is located in San Bernadino County in Southern California’s Mojave Desert. The city is known for being home to the Fort Irwin National Training Center and the Marine…
Continue Reading Are Cannabis “Super Centers” a Cure for the Wheezing American Mall?Minnesota Adult-Use Cannabis Bill Moves Through Committees as New Local Government Powers Added
Minnesota’s recreational adult-use cannabis bill, HF100 in the House and its companion SF 73 in the Senate, have now been approved in nine house and six senate committees respectively. Among…
Continue Reading Minnesota Adult-Use Cannabis Bill Moves Through Committees as New Local Government Powers AddedAbout this Blog
In the Weeds is a blog that aims to help keep today’s cannabis entrepreneur well informed. We track developments in marijuana law and business, including regulatory framework in states where cannabis has been legalized for medical and/or recreational uses and the unique issues that businesses in the cannabis industry face.