Key Takeaways -
• President Trump’s administration is actively reviewing a proposal to move cannabis from Schedule I to Schedule III of the federal Controlled Substances Act (CSA) and a decision on rescheduling is expected…
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/ Business Organizations, Finance & Banking, Health, Taxation
On August 14, 2025, the Massachusetts Cannabis Control Commission (the “Commission”) voted to formally release its draft amended Social Consumption Establishment regulations, marking a significant step towards finally launching…
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/ Administrative Law, Business Organizations, Zoning, Planning & Land Use
What Are ESOPs and Why Do They Matter for Cannabis Operators -
Employee Stock Ownership Plans (ESOPs) are federally authorized retirement benefit structures designed to hold company stock in a trust on behalf of employees…
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/ Business Organizations, Finance & Banking, Mergers & Acquisitions, Taxation
More than two years after Minnesota Governor Tim Walz signed legislation legalizing adult-use cannabis, and eleven years after the establishment of the state’s medical cannabis program, adult-use cannabis businesses are finally…
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/ Business Organizations, Mergers & Acquisitions
What is Texas Senate Bill 3?
As it stands, current Texas law permits hemp-derived products with less than 0.3% THC content, which are widely available at more than 8,000 locations throughout the state. In comparison to a…
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/ Administrative Law, Agriculture, Elections & Politics
Native American Tribal sovereignty and the budding cannabis industry have intersected in a unique way, giving rise to an evolving landscape. Exercising their inherent rights to self-governance, many Tribes are exploring and…
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/ Agriculture, Business Organizations, Constitutional Law, Health, Indigenous Peoples
On May 16, the Colorado legislature sent HB25-1209 to Governor Jared Polis to sign into law. The prime sponsors of the bill—Representatives William Lindstedt and Jenny Willford, as well as Senators Julie Gonzales and Robert…
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/ Administrative Law, Business Organizations, Consumer Protection
What Are Hemp-Derived Beverages?
There is no universal definition, but generally, a hemp beverage is any drink, typically a seltzer, soda, or mocktail, containing hemp-derived cannabinoids or terpenes. Common cannabinoids in…
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/ Administrative Law, Agriculture, Health
Last month, Nebraska Attorney General Mike Hilgers escalated the state’s hemp enforcement efforts by issuing cease-and-desist letters to more than 100 retail locations in the Omaha metro area. Joint investigations conducted by…
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/ Administrative Law, Agriculture, Consumer Protection
The legal status of cannabis and hemp in the United States remains uncertain, which makes the executive branch’s policy stance on these issues extremely pertinent to the future of these industries. Cannabis remains federally…
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/ Agriculture, Elections & Politics, Health
The Corporate Transparency Act (CTA) has undergone a significant shift. The FinCEN recently issued a new Interim Final Rule (IFR), dramatically narrowing the law's reach. As a result, most U.S. companies no longer have…
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/ Administrative Law, Business Organizations, International Law & Trade
Aspiring psychedelic business licensees in Colorado now have clarification on the ESG criteria required for natural medicine license applications, as the Colorado Natural Medicine Division (NMD) has finalized the rules for…
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/ Agriculture, Business Organizations, Environmental Law, Indigenous Peoples
Cannabis policy reform in Rhode Island has spanned nearly two decades, starting with the legalization of medical marijuana in 2006. Then, after years of determined advocacy and legislative debate, the Rhode Island Cannabis Act…
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/ Agriculture, Business Organizations, Zoning, Planning & Land Use, Health
When raising capital, startups and growing businesses must choose among various terms, structures, filings, and investor types. One decision—whether to include unaccredited investors—should be straightforward. For the reasons…
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/ Business Organizations, Finance & Banking, Securities Law
The much-anticipated hearings on the proposed rulemaking to reschedule cannabis, which were scheduled to begin on January 21, have been postponed for at least three months as a result of an appeal granted by DEA Administrative…
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/ Administrative Law, Agriculture, Elections & Politics, Health
