When Neil Young wrote that “Southern change gonna come at last,” he wasn’t talking about cannabis— but he might as well have been in light of the recent and extraordinary developments in the cannabis industry in the southern...more
5/16/2022
/ Agribusiness ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Constitutional Challenges ,
Dispensaries ,
Healthcare ,
Legislative Agendas ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Medical Marijuana ,
New Legislation ,
Proposed Legislation ,
State and Local Government ,
State Legislatures
When we last examined marijuana reform at the federal level earlier this year, we warned that perfect can be the enemy of good. Our point was that we should not forego meaningful federal cannabis reform by holding out for...more
On May 4, 2022, South Carolina’s medical marijuana bill — SB 150, also known as the South Carolina Compassionate Care Act — was ruled unconstitutional by the state’s House of Representatives.
The constitutional challenge...more
Cannabis operators (from marijuana to hemp-derived products such as CBD) often get the sense they are one of the central targets of the federal government’s reach. But they are not in the same league lately as the COVID-19...more
4/25/2022
/ Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Coronavirus/COVID-19 ,
False Advertising ,
Federal Food Drug and Cosmetic Act (FFDCA) ,
Federal Trade Commission (FTC) ,
Food and Drug Administration (FDA) ,
Healthcare ,
Hemp ,
Marijuana ,
Marijuana Related Businesses ,
Marketing ,
Warning Labels
What promises to be the first of a litany of legal interpretations of the new Mississippi Medical Cannabis Act (MMCA), Attorney General Lynn Fitch released an official attorney general’s opinion on April 15, 2022, regarding...more
4/25/2022
/ Amended Regulation ,
Business Operations ,
Cannabis Act ,
Cannabis-Related Businesses (CRBs) ,
Dispensaries ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
Mixed-Use Zoning ,
Municipalities ,
Property Owners ,
Regulatory Oversight ,
State Attorneys General
The Mississippi Department of Revenue (MDOR) released information on Friday, April 15, regarding the licensing and operations of dispensaries under the medical cannabis regime in Mississippi. We feel like a broken record, but...more
4/22/2022
/ Alcohol Beverage Control ,
Applications ,
Business Licenses ,
Business Plans ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Dispensaries ,
Legislative Agendas ,
Marijuana Related Businesses ,
Medical Marijuana ,
Proposed Regulation ,
State and Local Government
I have a confession that may not make me very popular around these parts: I am a litigator. That means I am cynical, jaded, grumpy, and always see the worst in people and situations. And while that may make me a bad choice...more
4/22/2022
/ Agribusiness ,
Business Formation ,
Business Litigation ,
Business Strategies ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Documentation ,
Legal Representatives ,
Marijuana ,
Marijuana Related Businesses ,
Recordkeeping Requirements
On April 8, the Mississippi Department of Health (MSDH) used a Friday news dump to release good news on the Mississippi medical cannabis front. We now have a clearer and fuller picture of how the state will regulate testing...more
4/14/2022
/ Advertising ,
Applications ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Comment Period ,
Decriminalization of Marijuana ,
Dispensaries ,
Legislative Agendas ,
Marijuana ,
Marijuana Related Businesses ,
Marketing ,
Medical Marijuana ,
Proposed Regulation ,
State and Local Government ,
Testing Requirements ,
Work Permits
As the world turns in the new and exciting world of legal medical cannabis in Mississippi, momentum and progress coexist alongside impediments.
The Good -
Yesterday, the Mississippi Department of Health made two...more
4/7/2022
/ Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Governor Reeves ,
Legalization ,
Legislative Agendas ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
Regulatory Agenda ,
State and Local Government ,
State Legislatures
When you do what we do, you get a lot of calls and a lot of questions. Many of the calls and questions are not fruitful. Quite honestly, some of the calls are from folks whose interest in and experience with cannabis is, we...more
Municipalities in Mississippi are electing to opt out of allowing medical cannabis establishments to operate under the Mississippi Medical Cannabis Act or, at a minimum, are holding public hearings to explore that option or...more
Medical cannabis has arrived in Mississippi. What does that mean for Mississippi banks? The implications of this development are enormous for the financial services industry in Mississippi, as each institution will soon have...more
Earlier this week, leadership from both chambers of the Mississippi Legislature agreed to a draft bill for a Mississippi medical marijuana program. Lawmakers have asked Gov. Tate Reeves to call them into special session on...more
10/1/2021
/ Cannabis Act ,
Cannabis-Related Businesses (CRBs) ,
Governor Reeves ,
Legislative Agendas ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
New Legislation ,
Proposed Legislation ,
State and Local Government ,
State Legislatures
Alabama became the 36th state to allow cannabis for medical use when Gov. Kay Ivey signed into law the Darren Wesley ‘Ato’ Hall Compassion Act on May 17, 2021. The act establishes a process through which applicants will...more
8/27/2021
/ Alabama ,
Cannabis Act ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Governor Ivey ,
Laboratory Developed Tests ,
Licenses ,
Marijuana Related Businesses ,
Medical Marijuana ,
New Legislation ,
Regulatory Oversight ,
State and Local Government
Alabama became the 36th state to allow cannabis for medical use when Gov. Kay Ivey signed into law the Darren Wesley ‘Ato’ Hall Compassion Act on May 17, 2021. The act establishes a process through which applicants will...more
7/29/2021
/ Agribusiness ,
Alabama ,
Applicants ,
Applications ,
Cannabis-Related Businesses (CRBs) ,
Dispensaries ,
Governor Ivey ,
Licenses ,
Licensing Rules ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Medical Marijuana ,
Required Documentation ,
State and Local Government
Mississippi is on the precipice of implementing a medical marijuana regime, as Mississippians voted overwhelmingly to approve Initiative 65 last November. Those awaiting the green light should take advantage of the additional...more
3/24/2021
/ Cannabis-Related Businesses (CRBs) ,
Cost of Goods Sold (COGS) ,
Decriminalization of Marijuana ,
Dispensaries ,
Documentation ,
IRC Section 280E ,
IRS ,
Legislative Agendas ,
Local v State Laws ,
Marijuana Related Businesses ,
Medical Marijuana ,
State and Local Government ,
State Legislatures ,
State Taxes ,
Treasury Regulations
We recently wrote that Alabama is on the cusp of enacting a medical cannabis program. Today we turn our focus to a key aspect of the current proposal – the requirement that applicants for limited cultivator and integrated...more
When Alabama’s Legislature convenes for its annual session on February 2, lawmakers will once again be asked to consider a bill that would provide certain Alabamians with access to medical cannabis. And this time, supporters...more
When Alabama’s Legislature convenes for its annual session on February 2, lawmakers will once again be asked to consider a bill that would provide certain Alabamians with access to medical cannabis. And this time, supporters...more
On Friday, the USDA published a long, long awaited Final Rule regulating the production of hemp in the United States. The Final Rule, which arrives more than two years after Congress first allowed for the widespread...more
Tennessee’s hemp industry is growing fast, and you want in on the action. You have your big idea and a business plan ready. But at some point, you begin to wonder whether you should be thinking about any legal issues as you...more
9/9/2020
/ Banking Sector ,
Cannabidiol (CBD) oil ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Corporate Entities ,
Employment Policies ,
Food and Drug Administration (FDA) ,
Funding ,
Hemp ,
Insurance Industry ,
Intellectual Property Protection ,
Licenses ,
Marijuana Related Businesses ,
Supply Contracts ,
Tax Planning
Following sustained criticism from many aspects of the hemp industry, the United States Department of Agriculture (USDA) announced on Friday that it was reopening the comment period for the interim final rule (IFR) that was...more
Now that North Carolina and federal laws provide for the legal cultivation of hemp, you want to start a hemp company. You have your big idea and a business plan ready, but you begin to wonder whether you should be thinking...more
9/3/2020
/ Accounting Standards ,
Agribusiness ,
Business Development ,
Commercial Insurance Policies ,
Emerging Growth Companies ,
Employment Terms ,
Financial Adviser ,
Funding ,
Hemp ,
Hemp Cultivation ,
Hemp Related Businesses ,
Licensees ,
Marijuana Related Businesses ,
Regulatory Oversight ,
Retail Market ,
Suppliers
Now that Mississippi has enacted legislation legalizing the cultivation of hemp, you want to start a hemp company. You have your big idea and a business plan ready, but you begin to wonder whether you should be thinking about...more
8/23/2020
/ Accountants ,
Applications ,
Cannabis-Related Businesses (CRBs) ,
Corporate Entities ,
Financial Adviser ,
Funding ,
Hemp Related Businesses ,
Insurance Industry ,
Intellectual Property Protection ,
License Applications ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
State and Local Government ,
Supply Chain ,
USDA
So, you want to start a hemp company. You have your big idea and a business plan ready. At some point, though, you begin to wonder whether you should be thinking about any legal issues as you get your company off the...more
7/22/2020
/ Agribusiness ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Commercial Contracts ,
Emerging Growth Companies ,
Employment Practices Liability Coverage ,
Funding ,
Hemp ,
Hemp Cultivation ,
Hemp Related Businesses ,
Licenses ,
Manufacturers ,
Marijuana Related Businesses ,
Popular ,
Regulatory Oversight ,
Retail Market ,
Suppliers