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You are here: Home / Archives for cannabis

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How state marijuana legalization became a boon for corruption

December 28, 2020 by AggregatedNews Leave a Comment

The Economist drugs colorado Marijuana Clubs

By making local officials the gatekeepers for million-dollar businesses, states created a breeding ground for bribery and favoritism. Jasiel Correia’s star was rising. The son of Cape Verdean immigrants in the working-class Massachusetts port city of Fall River — famed as the home of Lizzie Borden — Correia was a home-grown prodigy. At 23, he […]

Filed Under: Policy & Legal Tagged With: cannabis, corruption, state regulators

The Elections Over, But Not the Stress, Any Edibles Left?

November 12, 2020 by AggregatedNews Leave a Comment

Sales surged as people turned to gummy bears, cookies and chocolate infused with cannabis to soothe their jitters. OAKLAND, Calif. — In the weeks leading up to November, Iashia Kilian felt her anxiety deepen. She knew her vote in the swing state of Michigan could help decide who the next president would be. She had done […]

Filed Under: Edibles & Infused Processors, Industry News, Uncategorized Tagged With: cannabis, Edibles, election anxiety, infused products

Federal Courts are Going Backward on Cannabis

September 23, 2020 by AggregatedNews Leave a Comment

By Vince Sliwoski, Attorney at Harris Bricken A few weeks back, the Cannabis Law Institute invited me to discuss contract drafting for cannabis deals. A focal point for the panel was whether courts are willing to enforce cannabis contracts. The last time I had really looked at that issue was early 2019, when I wrote: […]

Filed Under: Policy & Legal Tagged With: cannabis, Federal Courts, State Courts

Challenges for US Companies Entering the EU

September 17, 2020 by Michael Sassano Leave a Comment

by Michael Sassano It is very clear to most cannabis industry analysts that the United States is the undisputed heavyweight in terms of cannabis, ringing in around $13 billion in annual sales pre-federal legalization. The opportunities are very strong in almost every individual state market, however, there is still a whole global cannabis industry developing […]

Filed Under: Europe, Industry News, Op-Ed Tagged With: Barriers of entry, cannabis, European Union, Good Manufacturing Practices (GMP), Transportation, world health organization, World Health Organization (WHO)

Positive drug tests for employees hit 16-year high as marijuana legalization expands: report

August 25, 2020 by AggregatedNews Leave a Comment

As recreational marijuana legalization has expanded to 11 states plus the District of Columbia, positive workplace drug tests have reportedly climbed to a 16-year high. Positive test rates rose nearly 4.5 percent for the U.S. workforce in 2019, according to one of the largest drug-testing laboratories Quest Diagnostics, which sampled 9 million tests last year for […]

Filed Under: HR and Staffing Tagged With: cannabis, Quest Diagnostics, Workplace drug tests

Infographic: COVID-19’s Impact on Executive Decision-Making

July 14, 2020 by Mike Luce Leave a Comment

As mentioned here previously, High Yield Insights and CBE Press collaborated on a unique whitepaper of executive decision-making prior to and during the COVID-19 outbreak. (The whitepaper is available for download here.) The infographic below summarizes key data drawn from the 700+ decision-makers, including the C-suite, from licensees and ancillary service providers who responded to […]

Filed Under: Uncategorized Tagged With: business challenges, cannabis, essential business, Infographic

California cities begin embracing cannabis in desperate search for cash

July 1, 2020 by AggregatedNews Leave a Comment

OAKLAND — California local governments scrambling to find tax revenues during the coronavirus pandemic are turning toward an industry they had considered taboo until now: cannabis. It has been almost four years since voters legalized recreational marijuana in California, and nearly 70 percent of cities and counties have yet to embrace pot businesses because they […]

Filed Under: California Tagged With: California Tax Revenues, cannabis

Restructuring issues and challenges in the cannabis industry

June 25, 2020 by AggregatedNews Leave a Comment

The legalization of recreational cannabis in 2018 opened the doors for Canada to be a first-mover in what analysts predicted would be an exciting and lucrative industry. Although the cannabis industry has experienced significant business growth, recent headwinds have resulted in some cannabis companies starting to encounter short-term liquidity challenges as they grow their operations. […]

Filed Under: Banking, Finance & Real Estate, Canada, North Of The Border Tagged With: Canada, cannabis, restructuring

Should cannabis companies get out front on leaseback plans?

June 17, 2020 by Joe Caltabiano Leave a Comment

Cannabis Business by Joe Caltabiano Companies in need of capital have a wealth of options in how they can raise it. From traditional bank loans to venture funding, line-of-credit accounts to angel investors, the sourcing choices are numerous. But that doesn’t mean they’re all equally available in all markets at all times. And right now, […]

Filed Under: Banking, Finance & Real Estate, Best Practices, Cannabis Investments, Spotlight Tagged With: alternative financing, cannabis, Capital, Finance Lease rules, Joe Caltabiano, Leasebacks

The Status of a Cannabusiness’ Ability to Seek Relief in the Courts — the ‘Illegality’ Issue

June 10, 2020 by Bec Edelson Leave a Comment

By Bec Edelson and James Fazio Claimed “illegality” of cannabusinesses continues to be a critical issue for them in their ability to enforce their rights in the courts. The ability to seek judicial relief may be especially important to some cannabusinesses that are struggling as a result of the COVID-19 pandemic (e.g., to seek bankruptcy […]

Filed Under: Policy & Legal Tagged With: Bankruptcy, cannabis, intellectual property, patents, trade secrets

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