News & Analysis as of

Cannabis-Related Businesses (CRBs)

Troutman Pepper Locke

Congressional Briefing Highlights Growing Bipartisan Consensus on the Need for Federal Clarity in Hemp-Derived Cannabinoid...

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On July 17, the U.S. House Committee on Agriculture hosted a closed-door roundtable briefing focused on the regulatory gray areas surrounding hemp-derived cannabinoid products. The session, convened in response to ongoing...more

Fox Rothschild LLP

Minnesota to Hold Cannabis Retail License Lottery For Social Equity and General Applicants on July 22

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The Minnesota Office of Cannabis Management is set to conduct its second lottery for Minnesota Cannabis Retail Licenses. On June 5, 2025, the OCM held its first round of lotteries, conducting social equity applicant lotteries...more

Husch Blackwell LLP

OCM Guidance Regarding Ownership Transfers Provides Pathway for Funding Social Equity Licensees

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The Minnesota Office of Cannabis Management (“OCM”) conducted its license lottery for social equity applicants on June 5, 2025. Lottery winners received preliminary approval and must secure a business location and, in many...more

Seyfarth Shaw LLP

Papa’s Got a Brand New Bag, and it Might be Infringing – Cannabis Companies Clash Over Trademarks for Storage Bags

Seyfarth Shaw LLP on

IP cases in the cannabis industry are lighting up court dockets more and more. In a new case with potential for serious baggage, Kinzie Advanced Polymers, LLC (“Kinzie”) filed a federal lawsuit against a group of...more

Vicente LLP

Texas Cannabis Legalization: What the SB 3 Veto Means for Hemp Businesses - UPDATED

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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...more

Ice Miller

Puff, Puff, Pass the Assets: Purchasing Distressed Assets in the Cannabis Sphere

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Following years of explosive growth and regulatory change, the cannabis industry is at a turning point. Initial enthusiasm has fallen to harsh realities, and many cannabis businesses must address mounting financial pressure,...more

Husch Blackwell LLP

ESOPs for Cannabis Companies

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Employee stock ownership plans (ESOPs) have been used as a business succession strategy by employers across many industries. In the cannabis industry, ESOPs have come and gone and come again as a trendy topic promising to fix...more

Ankura

The Top Five Ways Cannabis Reform Could Impact Financial Services in 2025

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We are just a couple of months into 2025, and cannabis reform is already poised to massively impact the financial services industry. The changes we might see this year are expected to address longstanding challenges - and...more

Bradley Arant Boult Cummings LLP

IYKYK: How a Few Words in the Next Farm Bill May Change the Future of Alcohol and Cannabis

These are remarkable times in what has been a remarkable, albeit relative to other industries, remarkably short life cycle for the cannabis industry....more

Stark & Stark

Dark Side of Cannabis: Personal Injury Risks and Consumer Protection Lawsuits Arising from Mislabeling, Testing Fraud, and Potency...

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The cannabis industry has undergone a rapid transformation over the past decade, spurred by evolving federal and state legislation. Yet, beneath the promise of legalization and medical innovation lies a growing public safety...more

Dickinson Wright

Tennessee’s New Law Moves Hemp-Derived Cannabinoids Under ABC Authority January 1, 2026

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At the close of the 114th General Assembly, Tennessee enacted sweeping reforms to the regulation of hemp-derived cannabinoid products (HDCPs), transferring oversight from the Department of Agriculture to the Alcoholic...more

Husch Blackwell LLP

Cannabis Law Now Podcast - Cannabis in the Show Me State: An Interview with BeLeaf Medical's Mitch Meyers

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In this episode of Cannabis Law Now, Hilary Bricken sits down with Mitch Meyers, partner at BeLeaf Medical, to discuss the ins and outs of operating a commercial cannabis business in the State of Missouri. Mitch shares her...more

Dickinson Wright

A Lid on the Canna Worms? Congress Formally Pursues Prohibition of Intoxicating Hemp

Dickinson Wright on

When Congress passed the 2018 Farm Bill, signed into law by President Trump in December 2018, the legislation aimed to support rural economies, promote the production of hemp-based materials such as fiber and grain, and open...more

Seyfarth Shaw LLP

The Week in Weed: June 2025 # 2

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, a bill headed to the President’s desk may ease restrictions on cannabis research. Facebook and Instagram...more

Troutman Pepper Locke

Texas Senate Bill 3: A Sweeping Ban on Intoxicating Hemp-Derived Products — Implications for the Industry

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On May 27, the Texas Legislature sent Senate Bill 3 (SB3) to Gov. Greg Abbott for signature, marking a potentially seismic shift in the legal landscape for hemp-derived cannabinoid products in the state. If signed into law –...more

Winthrop & Weinstine, P.A.

From Lottery to Launch: What Comes Next for Minnesota Cannabis Licensees

On June 5, 2025, the Minnesota Office of Cannabis Management (“OCM”) held its first lottery for applicants seeking cannabis business license types that are available in limited quantities. This marks the first grant of...more

Proskauer - Labor Relations Update

Oregon’s Cannabis Labor Peace Law Struck Down

On May 20, 2025, a federal district court in Oregon issued a landmark decision invalidating Measure 119, also known as the United for Cannabis Workers Act. This law, approved by Oregon voters in November 2024 and effective as...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (6/9)

Cozen O'Connor on

Ethics legislation stalls in Springfield as Senate president tries ‘brazen’ move that would have helped his election case - “In the closing hours of the Illinois General Assembly’s spring session, Senate President Don Harmon...more

Pullman & Comley, LLC

Connecticut Cannabis 2025: Key Legislative Changes

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Connecticut’s cannabis market is poised for notable changes following a 2025 legislative session that saw text amendments being made into the 11th hour. The proposed updates have passed both legislative chambers and now await...more

Bradley Arant Boult Cummings LLP

No Man Is an Island: The Great Cannabis Debate

Most of the annual state legislative sessions have ended or are nearing an end, and it would be an understatement to say that the hemp industry has ever experienced a more widespread and seemingly coordinated effort to roll...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (6/4)

Cozen O'Connor on

With electric prices going up, advocates tried — and failed — to reform the energy sector - “Heading into the end of the legislative session, consumer advocates, renewable energy industry groups and environmental advocates...more

Miles & Stockbridge P.C.

For Whom the Tax Tolls: Maryland’s Budget Bill and Its Fiscal Effects

Maryland Gov. Wes Moore recently signed the $67 billion state budget for 2026 (HB 352) that will make significant changes to the state’s tax system. Among other changes, the budget bill notably establishes a new tax on IT...more

Fox Rothschild LLP

Texas Medical Cannabis Expansion Bill Would Unlock 12 New Licenses

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Texas is on the brink of expanding its medical cannabis program in a significant way. House Bill 46 (HB 46) passed both chambers of the Texas Legislature and now awaits action by Gov. Greg Abbott. He has until June 22 to sign...more

Vicente LLP

Native American Tribal Sovereignty and the Cannabis Industry

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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...more

Vicente LLP

How HB25-1209 Streamlines Colorado Cannabis Laws

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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...more

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