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Data-Breach Concerns Rise As New York Launches Adult-Use Cannabis Program

Becoming the 17thstate to legalize Adult-Use Cannabis, on March 31, 2021, New York enacted the “Marijuana Regulation and Taxation Act” (“MRTA”) anticipated to generate $1.2 billion in annual sales by 2023. Because of the sensitive and protected health information that those growing, processing and selling Marijuana (“Marijuana Related Businesses” or “MRBs”) are required to collect…

Growing Problems: Managing Legal Risks for Executives and Board Members

Publicly traded cannabis companies face a heightened risk of securities litigation. D&O insurance, along with a focus on compliance and best practices, helps to mitigate that risk. Cannabis companies that go public can raise tens of millions of dollars for expansion, product development, mergers, and more in an initial public offering (IPO). But while selling…

Maturing the Infused Beverage and Edibles Market Means Prioritizing QC Protocols

Over the past few years, many consumers have come to embrace CBD, THC, and other cannabinoids as functional ingredients in beverages and edibles, yet the food and beverage industry as a whole has been slow to accept this trend. For cannabinoids to be fully accepted as ingredients by the industry, companies need to show that…

‘A Land Grab’ for a Piece of New York’s Marijuana Business

Cannabis companies and brokers are rushing into what could be a $4.2 billion industry, but for all the excitement, there are significant challenges. It has been only five weeks since New York State legalized the use of recreational marijuana. The board that will oversee the rollout has yet to be appointed, let alone rules set…

Data-Breach Concerns Rise As New York Launches Adult-Use Cannabis Program

Becoming the 17thstate to legalize Adult-Use Cannabis, on March 31, 2021, New York enacted the “Marijuana Regulation and Taxation Act” (“MRTA”) anticipated to generate $1.2 billion in annual sales by 2023. Because of the sensitive and protected health information that those growing, processing and selling Marijuana (“Marijuana Related Businesses” or “MRBs”) are required to collect…

Complying with the TCPA After the Facebook Supreme Court Decision

Many cannabis dispensaries rely heavily on text messaging marketing programs to reach their customers and to create loyalty in an increasingly competitive market. While text messaging programs may be an effective marketing tool, they can lead to significant liability if your business does not carefully comply with the Telephone Consumer Protection Act (TCPA).  Unfortunately, there…

Medical marijuana bill filibustered for nine hours Tuesday in Alabama

The Alabama House of Representatives on Tuesday debated legislation to make medical marijuana legally available in the state of Alabama for the first time in a century. The legislation was filibustered for more than nine hours by a group of about 20 conservative Republicans who vehemently oppose the legislation, led by state Rep. Jim Carns,…

Massachusetts sets marijuana sales records around 4/20 holiday

After a slow start, the Massachusetts marijuana industry is starting to pick up momentum. Recreational cannabis stores in the state have now sold more than $1.5 billion of pot products since their debut in November 2018, according to new data released by the Cannabis Control Commission, passing the milestone just before the traditional “4/20″ stoner holiday observed…

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