A newly proposed piece of Florida legislation, HB 1053, aims to triple the required “buffer” distance between schools and medical marijuana treatment centers that cultivate, process, or dispense medical cannabis....more
2/8/2024
/ Agribusiness ,
Commercial Real Estate Contracts ,
Dispensaries ,
Educational Institutions ,
Florida ,
Healthcare ,
Legislative Agendas ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
Patient Access ,
Property Owners ,
Proposed Legislation ,
Regulatory Agenda ,
Retailers ,
State and Local Government ,
Zoning Maps
The long-awaited expansion of Florida’s medical cannabis industry appears to finally be in the works, with a potential major expansion of licenses on the horizon. Florida health regulators announced that the state is...more
In 2018, when the Farm Bill was signed into law, hemp cultivators and extract producers were hopeful that the federal pressure on their industry might begin to ease. The 2018 Farm Bill removed hemp from the Controlled...more
6/25/2020
/ Agribusiness ,
Dietary Supplements ,
Farm Bill ,
Federal Food Drug and Cosmetic Act (FFDCA) ,
Hemp ,
Medical Foods ,
Plant Based Products ,
Trademark Application ,
Trademark Trial and Appeal Board ,
Trademarks ,
USPTO
The government’s response to the COVID-19 pandemic has resulted in federal assistance to numerous industries and individual taxpayers, but notably has left the state legalized marijuana industry out in the cold....more
5/31/2020
/ Agribusiness ,
Assignment of Benefits (AOB) ,
Bankruptcy Plans ,
Cannabis-Related Businesses (CRBs) ,
Chapter 7 ,
Commercial Bankruptcy ,
Coronavirus/COVID-19 ,
Financial Distress ,
Hemp Related Businesses ,
Marijuana Related Businesses ,
Receivership
On April 24, President Trump signed into law the Paycheck Protection Program and Health Care Enhancement Act (the “Act”). The Act allocates an additional $484 billion to replenish the Paycheck Protection Program (“PPP”) and...more
As noted in our prior publication, on April 16, 2020, the Small Business Administration (“SBA”) announced that it would no longer be accepting new applications for the Emergency Injury Disaster Loan Program (“EIDLP”) or the...more
4/22/2020
/ Agribusiness ,
Cannabis-Related Businesses (CRBs) ,
CARES Act ,
Coronavirus/COVID-19 ,
Dispensaries ,
Federal Loans ,
Financial Stimulus ,
Hemp Related Businesses ,
Marijuana Related Businesses ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business
Since the effective date of the 2018 Farm Bill, banking and the inability to acquire financing have been major impediments for the hemp industry. While demand for hemp continues to grow, banking regulations have still been...more
12/5/2019
/ Agribusiness ,
Banks ,
Cannabis Products ,
Consumer Financial Products ,
Controlled Substances ,
Controlled Substances Act ,
Debit and Credit Card Transactions ,
Decriminalization of Marijuana ,
Deregulation ,
Farm Bill ,
Financial Regulatory Reform ,
Financial Services Industry ,
Hemp ,
Interstate Commerce ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
New Guidance ,
Regulatory Oversight ,
Regulatory Requirements ,
Small Business Loans ,
Suspicious Activity Reports (SARs)
On October 10, 2019, the Florida Department of Agriculture and Consumer Services (the “Department”) published the Notice of Proposed Rules for the State Hemp Program (the “Rules”). ...more
10/15/2019
/ Agribusiness ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Certification Requirements ,
Comment Period ,
Department of Agriculture ,
Dietary Supplements ,
Florida ,
Hemp ,
Licensing Rules ,
Marijuana Cultivation ,
NPRM ,
Plant Based Products ,
Public Comment ,
Public Hearing ,
Regulatory Agenda ,
Regulatory Requirements ,
Rulemaking Process ,
State and Local Government
On June 25, 2019, Gov. Ron DeSantis signed Senate Bill 1020 (“SB 1020”) which creates an industrial hemp program in Florida and regulates the statewide cultivation and sale of hemp products. Since the 2018 Farm Bill’s removal...more