Business & Management
USTPO Denies Drake’s Attempt to Protect Canadian Cannabis Symbol in US
By Alison Malsbury of Harris Bricken's Canna Law Blog: Back in September Drake, via his Dream Crew company, applied for U.S. federal trademark protection for the warning symbol required on all recreational cannabis products that contain THC by the Health Canada. The symbol resembles a red stop sign with a... more »
Consumer Groups Call for FDA Oversight of CBD Market
A new initiative created by consumer groups aims to educate consumers about what is known about CBD and what remains to be studied. The Consumers for Safe CBD initiative has been founded by the National Consumers League, Consumer Federation of America and Community Anti-Drug Coalitions of America. CBD, or cannabidiol,... more »
California to Raise Cannabis Flower, Leaves, Plant Taxes
Taxes on cannabis leaves, flowers and plants will be raised by the California Department of Tax and Fee Administration (CDTFA) effective Jan. 1,2020. The increase in cultivation tax rates reflect an adjustment for inflation, as required by the Cannabis Tax Law. The adjusted rates will be reflected on the monthly... more »
$500K Investment Awarded to Five Minority-Owned Cannabis, Hemp Businesses
Minority Cannabis Business Association (MCBA) and Merida Capital Partners have named the winning recipients of investment through the Inclusive Industry ("i2") Accelerator, which will deploy $500,000 initially to fast-track the development of five minority-owned businesses. The recipients are: Vega Holdings — Meriden, Connecticut; $150,000 investment Vega Holdings is the only... more »
Congressional Committee Passes Marijuana Decriminalization Bill
The House Judiciary Committee has approved the Marijuana Opportunity Reinvestment and Expungement (MORE) Act on a 24-10 vote. The bill now moves to the Senate, marking the first time a congressional committee has approved action removing cannabis from the list of federally controlled substances. The MORE Act would decriminalize marijuana... more »
