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Business & Management

November 28, 2019
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 »
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November 23, 2019
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 »

November 22, 2019
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 »

November 21, 2019
$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 »
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November 20, 2019
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 »
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November 19, 2019
House Judiciary Committee to Vote on Legislation to Decriminalize Marijuana

House Judiciary Committee Chairman Jerrold Nadler (D-NY) announced the committee will hold a markup on Wednesday, Nov. 20 of H.R. 3884, the Marijuana Opportunity Reinvestment and Expungement Act (MORE Act), comprehensive legislation to decriminalize marijuana at the federal level, reassess marijuana convictions, and invest in local communities. Senator Kamala Harris... more »

November 13, 2019
Sen. King Urges Consideration of SAFE Banking Act

U.S. Senator Angus King (I-Maine) sent a letter to U.S. Senators Mike Crapo (R-Idaho), Chairman of the Committee on Banking, Housing, and Urban Affairs, and Senator Sherrod Brown (D-Ohio), Ranking Member of the Committee, urging consideration of the House-passed Secure and Fair Enforcement (SAFE) Banking Act. The bipartisan bill would... more »

November 13, 2019
Missouri Proposes Ban on Marijuana Businesses Paying Taxes in Cash

The Missouri Department of Health and Senior Services (DHSS) has drafted a new emergency rule to address how licensed and certified medical marijuana facilities should pay any taxes, fees and penalties due to Missouri state governmental entities. Under the rule, medical marijuana businesses submit payments via any method normally acceptable... more »

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