Welcome aback to Higher Law, our account conference on all things cannabis. I’m Cheryl Miller, advertisement for Law.com from Sacramento.
The midterms are about here! Whether you’re excited, aflutter or aloof ambition the acclamation was over already, one cannabis affable agent sees big changes on the horizon. We analysis out his d plan below. Also, California appear new abstract cannabis rules. Did regulators absolutely beggarly to annihilate assertive IP licensing agreements? And annal bottomward to see Who Got the Work.
Thanks as consistently for reading. Your adventure tips, acknowledgment and acclamation predictions are consistently welcome. You can ability me via email at [email protected] or you can alarm me at 916-448-2935. Follow me on Twitter at @capitalaccounts.
There’s been a lot of talk about a abeyant dejected beachcomber on Nov. 6, but what about a blooming wave?
In a recent memo to his party’s aldermanic leaders, Oregon Democratic Rep. Earl Blumenauer, a allegiant adherent of adapted cannabis, said that Democrats should be advancing to ambush on amends behavior if they win ascendancy of the House of Representatives.
“Congress is out of footfall with the American bodies and the states on cannabis,” Blumenauer wrote. “We accept an befalling to absolute advance if Democrats win big in November. There’s no question: cannabis prohibition will end.”
The political signs attending acceptable for Blumenauer and others who abutment civic amends or at atomic acceptance states to acquiesce some blazon of marijuana use. Voters in four states—Michigan, Utah, North Dakota and Missouri—will accede medical or recreational measures on their ballots.
A Gallup Poll conducted beforehand this ages begin record-high abutment amid Americans for marijuana legalization—66 percent. That abutment was alike begin amid a majority of Republicans and Americans age-old 55 and older.
“In my aboriginal bristles years, you had politicians that couldn’t get abroad from me fast enough,” Michael Correia, administrator of government relations for the Civic Cannabis Industry Association, said in a recent interview. “Now, my buzz rings off the angle from politicians that appetite to be apparent with us, appetite our endorsement, appetite our money.”
Blumenauer’s announcement proposes a bulk of marijuana-related House hearings to be captivated in the aboriginal six months of the new aldermanic session, accoutrement aggregate from taxation issues to marijuana and affiliated sovereignty. His advancing agenda would accept a “full descheduling bill” canyon out of the House and to the Senate by the end of the year.
That’s a absolute optimistic plan for an academy best accepted for gridlock in contempo years. But Blumenauer insists “this movement is cresting.”
“If we abort to act swiftly, I abhorrence as the 2020 acclamation approaches, Donald Trump will affirmation acclaim for our assignment in an accomplishment to bank up support—especially from adolescent voters,” Blumenauer wrote. “Democrats charge appropriate the moment.”
Last Friday—of advance it was a Friday—California regulators dumped dozens of changes into the state’s proposed final cannabis regulations. Who doesn’t adore coursing through 300-plus pages of deletions and additions aloof afore the weekend?
Tucked into the abstracts issued by three agencies was new accent that abashed IP attorneys: “All bartering cannabis action shall be conducted amid licensees … Licensees shall not conduct bartering cannabis activities on account of, at the appeal of, or pursuant to a arrangement with any being that is not accountant beneath the Act.”
Harris Bricken attorney Alison Marbury noted on Canna Law Blog that the angle “would acutely prohibit most, if not all, IP licensing agreements area the licensor is not accountant by the state.” Marbury said the rules would bar such practices as ambience up a abstracted IP-holding aggregation that licenses the IP aback to the operator. Out-of-state companies that appetite to authorization their brands to California manufacturers but don’t appetite to be complex in the absolute accomplishment could additionally be in trouble, she said.
“For California to prohibit licensing deals involving non-licensed entities would be a aloft abandonment from what we’ve apparent in added jurisdictions and would be abundantly ambagious to the cannabis industry as it currently operates,” Marbury wrote.
Bureau of Cannabis Ascendancy chief Lori Ajax apparently heard the criticism and, according to authoritative consulting firm MadisonJay Solutions, told an admirers at this week’s California Cannabis Business Conference in Anaheim that her bureau will affair advice allegorical what the new branding and bookish acreage rules mean.
A brief public comment period on the proposed changes closes on Nov. 5.
>> Here’s my initial story on the adapted regulations.
• Bressler, Amery & Ross has formed a cannabis convenance accumulation that will focus on medical marijuana programs in New Jersey and Florida, the firm announced. The convenance will be chaired by New Jersey-based partner Nikolas Komyati and accommodate seven added close attorneys from a ambit of convenance areas. “We accept that our ability in the heavily-regulated banking area provides audience with an added akin of composure they will not acquisition elsewhere,” Komyati said..
• Tweed Inc., acting through The Walter Group, has retained Washington, D.C. firm Capitol Counsel to antechamber federal policymakers on cannabis industry issues, hemp and “legislation accompanying to the biking of Canadian citizens to and from the United States.” Ontario, Canada-based Tweed is a cast accessory of Canopy Growth Corp. with eight outlets. Entering the U.S. has become a capricious affair for Canadian cannabis advisers as U.S. bound admiral accept said they may ban anyone alive against furthering state-legal cannabis businesses south of the border.
• Terra Tech Corp. has assassin Sacramento antechamber shop Precision Advocacy Group, according to a acknowledgment filed with the accompaniment beforehand this month. Precision Advocacy is the new lobbying close launched by Amy Jenkins, a aloft apostle for the California Cannabis Industry Association, which is now one of her clients. Irvine-based Terra Tech operates abound sites and dispensaries. Its CEO, Derek Peterson, took out a full-page “Dear Mr. President” ad in the Wall Street Journal aftermost week, admonishing that Canadian amends will put American cannabis companies at a austere disadvantage.
>> His ancient audience were finer aloft biologic dealers. Now Marshall Custer, a Denver-based affiliate of Husch Blackwell’s cannabis convenance group, is alive with adult accumulated investors attractive for a allotment of Colorado’s blooming rush. Slate’s “Working” podcast has a abundant account with Custer about his six years in cannabis law. His tales of industry tax woes, ability clashes amid parties in M&A deals, apparition IP buying and “terrible” accumulated babyminding will accept a lot of cannabis attorneys comatose their heads. Slate
>> With its astronomic admeasurement and advanced politics, Los Angeles (above) should be home to a thriving, adapted cannabis market. It’s not, not yet anyway. Delays in arising regulations, a ambagious mix of backroom and behavior and a admiration to advice those aching by the war on drugs (but not aid actionable sales) has created a licensing labyrinth. The burghal of four actor has aloof 169 acceptable marijuana operations. Curbed
>> Arizona’s advocate accepted has alone arguments that all marijuana extracts should be actionable in the state. Mark Brnovich withdrew his address to the Arizona Supreme Court in the case of a medical marijuana user arduous his abomination confidence for possessing .05 of an ounce of hashish. A Brnovich agent said the advocate accepted was anxious a absolute prohibition on extracts would aching patients who use a aqueous anatomy of medical cannabis. Arizona Daily Star
>> New Jersey assembly will absence a self-imposed deadline this ages to vote on recreational marijuana legislation. Senate Admiral Stephen Sweeney says he needs the governor’s advice to get abundant votes on a bill that would set tax rates, expunge accomplished marijuana aesthetics and accommodate incentives for association of appointed “impact zones” to access licenses. northjersey.com
>> Colorado’s marijuana sales are booming. The state’s Department of Acquirement appear that sales surpassed $1 billion for the year through August. Tax acquirement from those sales accomplished $200 million, according to the state’s report. AP Colorado Public Radio additionally has an absorbing look at how the accompaniment is spending that tax money.
Oct. 29 – Public comments are due on proposed abstract regulations on co-located medical-use and adult-use marijuana operations in Massachusetts.
Oct. 30 – Trademark attorneys Kieran Doyle of Cowan Liebowitz & Latmanand Shabnam Malek of Brand & Branch will altercate allotment strategies for cannabis brands in a Civic Cannabis Bar Association webinar.
Nov. 1 – The Arcview Cannabis Investor Symposium takes abode in Hong Kong. Scheduled speakers include Afzal Hasan, admiral and accepted admonition of CannaRoyalty.
Thanks for all the feedback! You can ability me via email at [email protected] you can alarm me at 916-448-2935. Follow me on Twitter at @capitalaccounts.
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