News & Analysis as of

Small Business Cannabis-Related Businesses (CRBs)

Husch Blackwell LLP

When Less Isn’t More: the Texas Hemp Ban and the Risks of Unregulated Markets

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Late last Wednesday evening the Texas House of Representatives dealt the hemp industry in the Lone Star State what can only be described as a Texas size heartache with the passage of Senate Bill 3 (SB3), effectively banning...more

Snell & Wilmer

Governor Newsom Issues Executive Order N-15-25 to Alleviate Licensing Burdens on Businesses Impacted by LA Fires

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Quick Take Executive Order N-15-25 aims to support businesses impacted by the Palisades and Eaton fires by extending certain licensing deadlines associated with the Department of Consumer Affairs, Alcoholic Beverage...more

Bowditch & Dewey

Ten Reasons to Expect an Increase in Financial Restructurings in 2025

Bowditch & Dewey on

1. Commercial Chapter 11 Bankruptcy Filings Have Increased Significantly Year-Over-Year: There has been a significant increase in the number of commercial Chapter 11 cases (larger company filings) in 2024. By way of example,...more

McGlinchey Stafford

Podcast: Securing Retail Space for Your Cannabis Business (Episode 1 of 2) [More with McGlinchey, Ep. 65]

McGlinchey Stafford on

Obtaining retail space for any small business is a big move. There are many issues to consider, and working with a knowledgeable real estate lawyer helps to avoid surprises down the road. This is especially true for a...more

Saul Ewing LLP

Delaware Regulators Issue First Set of Draft Adult-Use Marijuana Regulations

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On February 14, 2024, the Delaware Office of Marijuana Control (OMC) released draft regulations for the state’s adult-use cannabis market. Public comment is due on or before March 29, 2024. These regulations include the rules...more

Best Best & Krieger LLP

A Well-Informed Start to 2024: BBK’s Guidance for New Laws in California – Part Four

In Part Four of the New Law Guidance series from Best Best & Krieger LLP (BBK), we cover important new legislation for 2024 related to election law, density bonus law, parking, labor law, microenterprises, cannabis and...more

Brownstein Hyatt Farber Schreck

A Possible, But Narrow, Path for Cannabis in Bankruptcy Court

A recent U.S. bankruptcy court opinion out of the Central District of California may have cracked the door open for companies formerly tied to the cannabis industry to pursue legal strategies using bankruptcy. Federal...more

Spilman Thomas & Battle, PLLC

Promissory Notes - Banking & Finance Insights, Volume 2, Issue 11 2022

Schumer: Senate ‘Very Close’ To Passing SAFE Banking Act - “The House of Representatives passed the bill for the sixth time earlier this year.” Why this is important: The passage of the Secure And Fair Enforcement...more

Downs Rachlin Martin PLLC

Vermont Legislative Update | January 2022

Business - Short-term Rental Registry – The Senate Committee on Economic Development, Housing and General Affairs took testimony on S.210, a Rental Registry bill intended to replace last year’s S.79 which was vetoed by...more

Partridge Snow & Hahn LLP

Congress Keeps Taking Baby Steps on Marijuana Reform

This month, two congressional Republican lawmakers introduced a bill to legalize marijuana at the federal level, as well as to protect banks that service state-legal cannabis businesses and to ensure that military veterans...more

Oberheiden P.C.

Eleven of the IRS's Enforcement Priorities During the 2021 Tax Season

Oberheiden P.C. on

It is tax season once again. While the Internal Revenue Service (IRS) has extended this year’s filing deadline to May 17, 2021 for individuals, businesses must still file by April 15, and all U.S. taxpayers must ensure that...more

Husch Blackwell LLP

MORE Act Passes The House – Is Legalization Around The Corner?

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On Friday, December 4, 2020 the US House of Representatives passed the Marijuana Opportunity Reinvestment and Expungement Act of 2019 (the “MORE Act”), which would effectively legalize cannabis by removing marijuana from the...more

The Rodman Law Group, LLC

Lawmakers Propose Disaster Relief to Cannabis Industry with New Bill

On September 24, Congressional Democrats out of Oregon proposed a bill that may bring crucial relief to many cannabis operations across the country in the wake of not only the COVID-19 pandemic but the recent destructive...more

Husch Blackwell LLP

Did Strip Clubs Open The Door For Marijuana Businesses To Receive PPP Loans?

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In our previous posts, we discussed why state-legal medical and recreational marijuana businesses are likely not eligible to receive federal financial assistance under the Paycheck Protection Program due to the fact that...more

Dorsey & Whitney LLP

Emergency Cannabis Small Business Health and Safety Act

Dorsey & Whitney LLP on

On Thursday, April 23, 2020, Representatives Earl Blumenauer (D-OR) and Ed Perlmutter (D-CO) introduced the Emergency Cannabis Small Business Health and Safety Act (the “Act”) in the House. If passed, the Act would allow...more

Lowndes

Potential Pathway for Cannabis Industry Eligibility for COVID-19 Stimulus Programs

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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

Husch Blackwell LLP

Emergency Cannabis Small Business Health And Safety Act – A Legislative Update

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On Thursday April 23, 2020, Representatives Earl Blumenauer (D-OR) and Ed Perlmutter (D-CO) introduced the “Emergency Cannabis Small Business Health and Safety Act” in the House. Blumenauer and Perlmutter have been...more

Lowndes

Cannabis & Hemp Industry Eligibility for COVID-19 Federal Stimulus Programs

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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

Fox Rothschild LLP

In Lieu Of SBA Loans, Cannabis Sector Turns To State Options

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In the economic downturn triggered by the COVID-19 pandemic, cannabis companies operating in the marijuana space cannot look to the federal Small Business Administration to obtain Economic Injury Disaster Loans or Paycheck...more

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