Saturday, January 25, 2020
hilary-bricken-on-january-30-at-take-me-to-your-dealer-a-kcrw-joint
It’s been a crazy two years since California legalized adult-use cannabis with the passing of Prop 64 and the adoption of the Medicinal and Adult-Use Cannabis Regulation and Safety Act. On Thursday, January 30th, our own Hilary Bricken will join KCRW’s cannabis round table to discuss the industry’s evolution and future. This is a rare opportunity…
state-of-the-state-washington-regulators-turning-a-new-leaf-part-1
Last year brought significant changes to Washington cannabis via the legislative session. Today I’ll outline some of the ways the Washington State Liquor and Cannabis Board (“LCB”) plans to regulate marijuana in 2020. Before I get into the details, let me please encourage you to check out Cannabis Observer, who goes to every LCB meeting and…
bank-of-canada-leaves-interest-rate-at-1.75-markets-react
As was widely expected, the Bank of Canada left the target overnight rate unchanged this morning at 1.75%, where it’s sat since October 2018. The Bank noted a few positive developments, but focused more on the downside risks. “The global economy is showing signs of stabilization, and some recent trade developments have been positive,” reads the statement. “However, there remains a high degree of uncertainty and…
this-psilocybin-patent-could-be-a-really-big-deal
Last week, COMPASS Pathways announced its acquisition of US Patent No 10,591,175. What does that patent cover? Psilocybin! More specifically, COMPASS has locked down “methods of treating drug-resistant depression with a psilocybin formulation.” The company is also running a phase IIb clinical trial of its patented formulation, COMP360, which we covered in a blog post…
2020-tax-changes-by-province-or-territory
The word “taxes” is enough to give most of us a headache. Paperwork, deductions, contributions, Canada Pension Plan (CPP), this type of tax, and that type of tax, federal and provincial — what a nightmare. The good news is the tax-filing deadline for most Canadians is April 30, 2020, which is still months away. And,…
does-your-cannabis-business-qualify-for-trademark-protection-the-answer-is-most-certainly-yes
We try to cover cannabis-related trademark issues thoroughly on this blog, because branding and trademark protection form the most basic foundation for most businesses. In our most recent posts, we’ve focused heavily on trademark disputes, because as the industry matures, litigation has become inevitable. For reference, you can check out some of the big trademark…
holiday-spending-out-of-control-manage-it-well-for-a-healthy-financial-new-year
The holidays were glorious and brilliant, but the new year is here and so are the bills. You’re not alone if your credit card balances soared and bills are piling up. We’ve put together some tips to help you recover smoothly and avoid another spending hangover in the new year. Give Your Credit Cards a…
its-mlk-day-dont-forget-cannabis-is-a-civil-rights-issue.
Happy MLK Day! For our international readers, Martin Luther King, Jr. Day is a federal U.S. holiday marking the birthday of its eponymous civil rights hero. Dr. King was the chief spokesperson for nonviolent activism in the Civil Rights Movement, which successfully protested racial discrimination in federal and state law. Dr. King was assassinated in…
hemp-cbd-across-state-lines-new-mexico
The Agriculture Improvement Act of 2018 (“2018 Farm Bill”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. The 2018 Farm Bill gives the US Department of Agriculture (“USDA”) regulatory authority over hemp…
california-cannabis-claims-breach-of-fiduciary-duty
Welcome back to our litigation series on California cannabis claims. We’re continuing today with a cause of action we unfortunately commonly see in cannabis litigation: the breach of fiduciary duty. Introduction A fiduciary relationship exists between parties when at least one of the parties is, in duty, bound to act with the utmost good faith…