We recently got on our soap box about the importance of hiring a New York cannabis attorney. The catalyst for that post was the question of whether applicants for New York’s Conditional Adult-Use Retail Dispensary (CAURD) license can select their own real estate. We have an answer: no. A brief refresher of the drama. Section […]
We’ve been writing about eligibility criteria for licensure for the New York Conditional Adult-Use Retail Dispensary (“CAURD”) (here and here). In addition to the Office of Cannabis Management’s (the “OCM”) handy FAQ, it also recently published a scoring criterion to score eligible applicants after they have met the minimum requirements for each type of eligible […]
On August 4, 2022, U.S. President Joe Biden published a formal statement concerning the sentencing of U.S. basketball player Brittney Griner. Griner was just sentenced to nine years in a Russian penal colony and fined one million rubles. We’ve written about Griner’s case before (here and here), but to summarize, she could be spending the […]
Many folks in the cannabis industry – especially legacy operators – have little to no experience with corporate governance. I don’t mean to say that they don’t know how to run a business; they likely do. What I mean when I refer to corporate governance is the actual process of adhering to governance agreements, getting […]
A final judgment recently rendered in WM. Wrigley Jr. Company v. Roberto Conde, et al., is nothing short of a cautionary tale and a powerful reminder to cannabis companies: Parody is NOT a defense to trademark infringement in this type of commercial context. The parties We all know Wrigley – it’s a titan in the […]
Listen up friends. The Oregon Liquor and Cannabis Commission (OLCC) plans to drop the hammer on bad actors in the regulated Oregon market. Or so the Commission announced in a stern news release on Friday, July 29 (the “Release”). The Release is titled “Commissioners plan to tighten ‘change of ownership’ option.” For good effect, it […]
Register HERE! Join Harris Bricken attorney Hilary Bricken for a live discussion on strategies to build a scalable cannabis business, hosted by the National Association of Cannabis Accounting & Tax Professionals. Effectively serving cannabis companies as an accountant involves much more than just counting cash and paying the quarterly tax bills. There are countless state […]
Last week, we discovered that U.S. Senators Elizabeth Warren and Cory Booker cited our own Vince Sliwoski in a letter to Merrick Garland, the U.S. Attorney General, pressing for the end of cannabis prohibition. The Warren-Booker letter, dated October 6, 2021, advocates for DEA to remove cannabis from the federal Controlled Substances Act— which would […]
When going into business—whether cannabis or otherwise— the first step is to create a business entity. (This seems obvious but still eludes many in the cannabis industry.) One of the principal purposes of establishing a business entity to limit the personal liability exposure of the founders. Typically, the business entity itself and not the investors, […]
If you are applying for an adult-use cannabis license in New York, please please please hire a New York cannabis attorney. It doesn’t have to be be us, but it should be someone who is actually familiar with the licensing rules and regulations beyond just reading media headlines. We’ve written about it before (here, here […]
As more and more industries specialize, it’s no wonder ancillary services are having a renaissance and replacing the traditional one-size-fits-all model popularized decades ago. The more this industry expands, the more founders and their B2B partners need to roll with their own solutions. The post The B2B Marketplace Trend Comes to Cannabis (Finally) appeared first on […]
In this article, Aaron Green sits down with George Mancheril, co-founder and CEO of Bespoke Financial, a cannabis lender, to learn more about trends in cannabis lending and their recent partnership with Blaze. The post An Interview with Bespoke Financial Co-Founder & CEO George Mancheril appeared first on Cannabis Industry Journal.
Providing a solid base wage with health benefits, and making it clear to current employees and job candidates that there’s an internal infrastructure of support—from HR to loyalty bonuses—is the best way to tackle the transportation and supply issues to position your company for future success. The post Transportation & Supply Issues in Cannabis Staffing: […]
Cannabis consumers in California are being defrauded, and it's the Department of Cannabis Control's fault. Lab shopping has become so widespread that labs openly advertise their higher potency values to gain customers without fear of recourse. The post The Inflated THC Crisis Plaguing California Cannabis appeared first on Cannabis Industry Journal.
In this article, Aaron Green sits down with Scott Kenyon, CEO and chairman of Würk, a cannabis payroll processing and human capital management service provider, to learn more about challenges companies are facing and trends in the industry. The post An Interview with Würk CEO & Chairman, Scott Kenyon appeared first on Cannabis Industry Journal.
In today’s uncertain world, it can be harder than ever to keep your cannabis business in the green – and we don’t mean flower. If you’re a struggling cannabis business owner, don’t throw in the towel just yet. Here are 5 expert-approved tips to create a cash influx for your business, without drastically increasing spending. […]
About a year ago, the lawmakers held a press conference where they unveiled their first draft of the CAOA, calling on the public for comments and input. The bill is arguably the most comprehensive piece of cannabis legislation to date. The post Senators Introduce Cannabis Administration and Opportunity Act appeared first on Cannabis Industry Journal.
At the end of the day, cannabis testing labs want to keep the public safe and it is our job to do so. This means implementing these independently approved methods from agencies such as AOAC at various touch points in the seed to sale cycle to ensure the data is validated and reliable. The post […]
Because businesses in the legal cannabis market lack access to vital traditional institutions, such as bankruptcy remedies, stakeholders must be prepared to consider alternatives such as a court appointed receiver, which can be a useful alternative to both secured creditors and unsecured creditors. The post Cannabis Receiverships: A Viable Alternative to Bankruptcy appeared first on Cannabis […]
At first glance, the layout of a grow room and a factory production line might seem to have little in common. But whether a facility is producing plants or parts, adopting good manufacturing practices (GMP) can benefit plant quality, harvest consistency and production economics. The post From Factory to Flower – 4 GMP Insights for […]
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