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Why Are Florida’s Cannabis Businesses Still Stuck in the Cash Age? In Florida, licensed medical marijuana businesses may be legal under state law, but under federal law cannabis remains a Schedule I controlled substance....more
The cannabis industry continues to face a fundamental challenge: access to the regulated banking system. Despite legalization (adult use and/or medical) in dozens of states, cannabis remains federally illegal, leaving...more
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
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
These are remarkable times in what has been a remarkable, albeit relative to other industries, remarkably short life cycle for the cannabis industry....more
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
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
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
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
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
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
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
Minnesota Adult Use Cannabis Update - We assisted multiple clients in completing and submitting their adult-use cannabis license applications to the Office of Cannabis Management (“OCM”), and we continue to monitor how and...more
With DEA’s marijuana rescheduling hearing now delayed indefinitely, the most promising prospect for meaningful cannabis reform may lie in the hands of Congress. Seemingly undeterred by the strong headwinds that have scuttled...more
In a landmark agreement, the State of Minnesota and the White Earth Band of Chippewa have finalized a cannabis compact that significantly expands the tribe’s role in the state’s emerging cannabis market. This compact...more
Alabama has enrolled legislation regulating the sale of consumable products (including beverages, edible products, and topical creams) containing THC or CBD derived from hemp, and has designated the Alabama ABC Board as the...more
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, the Congressional Cannabis Caucus is hoping to lift the ban on cannabis research. A DC dispensary heard...more
As the hallowed cannabis holiday for stoners-turned-business-entrepreneurs falls upon us, we find ourselves in the shifting sands of change in the cannabis industry as usual. Not surprisingly, many states have seen...more
Today, Minnesota’s Office of Cannabis Management announced that Minnesota’s final set of adult-use cannabis rules have been approved, will be publish in the State Register, and will go into effect later this month. After the...more
Welcome back to the buzz, our monthly cannabis news and policy update. Your at-a-glance source for regulatory developments, agency announcements, and trends impacting the cannabis industry. In this edition of the buzz,...more
Is this the year that Pennsylvania finally legalizes adult-use cannabis? While some battle-scarred skeptics remain, there is fresh optimism in the Commonwealth with both the Governor and several key legislators pushing for...more
For a long time, social consumption lounges have been a sort of “White Whale” in the adult-use cannabis industry, murmured about and pursued but rarely spotted. Luckily for us Captain Ahabs, a number of state legislatures...more
Anyone who thought that the momentum towards federal liberalization of marijuana would be a straight line found themselves with a cold dash of water to the face. Late last week Republican senators filed a bill, entitled the...more
Heading into 2025 New York Governor Kathy Hochul signed two new cannabis related bills, one of which would bring back the previously discontinued Cannabis Growers’ Showcase program, effectively allowing adult-use cannabis...more
The title of this post comes, of course, from The Who’s classic track “Won’t Get Fooled Again.” This post analyzes whether there is cause for worry on the part of cannabis operators – both marijuana and hemp – under a second...more