Controlled Substances Act Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Republicans Push for Federal Legalization of Marijuana to Ensure ‘Individual Liberty’

Republican lawmakers introduced legislation this week that would federally legalize and regulate marijuana, saying the proposal was necessary to ensure "individual liberty" and protect states' rights. Representative Dave Joyce, a Ohio Republican, introduced the proposed legislation to end the longstanding…

SAFE Banking Would Be A Game Changer For The Cannabis Industry

As expected, the SAFE Banking Act has officially been reintroduced in Congress. If this passes, banks and financial institutions will be legally allowed to conduct business with state legal cannabis companies. However, there is one major distinction between this year’s…

House passes bill to broaden marijuana research

The House on Wednesday passed legislation that would expand scientists’ ability to study marijuana in states where the drug is already legal. The bill, which passed in a bipartisan voice vote, is the second time this month the House has…

(Meaningless?) Federal Vote on Marijuana Legalization is on the Horizon

September 2, 2020
Hilary Bricken
Federal
0 Comments

By Hilary Bricken, Co-founder Harris Bricken I’ve been practicing corporate, transactional, and regulatory law in the marijuana industry for going on 10 years now. I’ve never understood exactly why folks get excited about, or even remotely interested, when various lifetime…

Legal Implications for Physicians Recommending Medical Cannabis in the USA

In our studies examining the use of Medical Cannabis Therapy (MCT) by Oncologists and Pain Management Specialists[i], we asked physicians what their biggest barrier was to their adoption of medical cannabis. Two-thirds (65%), mention legal concerns. Concern for legal exposure…

Cross-border Cannabis: The Potential Impact of Anti-Money Laundering Laws on International Cannabis Deals

When it was announced in April 2019, Canopy Growth Corp.’s conditional deal to purchase Acreage Holdings Inc. raised eyebrows not only because of its price tag (potentially exceeding US$ 3 billion in total consideration), but also because of the transacting parties’…

Best Practices for Successfully Registering Federal Trademarks for Cannabis and Related Goods and Services

There is a common misconception that trademarks for cannabis and related goods and services are not registrable at the U.S. Patent and Trademark Office (PTO). This is simply not the case. By failing to federally register trademarks with the PTO,…

Top 5 Buzzkills Keeping Cannabis Down And Out (And Emerging)

Unfortunately, most of these are here to stay thanks to the Department of Justice and the Controlled Substances Act. By Hillary Bricken, Co-Founder Harris Bricken There’s no question that cannabis remains a rocky, emerging industry even though entire countries and…

Lawmakers Optimistic About New Federal Marijuana Bill

A bipartisan group in Congress has reintroduced an expansive bill that would protect the cannabis industry in legal states A large bipartisan group of lawmakers are dropping legislation later this morning that would end the federal prohibition on marijuana by allowing each…

Banking on Cannabis: An Insider’s Guide to Banking With Marijuana-Related Businesses

By Alan Hanson There are many articles written about the issues surrounding banking Marijuana-Related Businesses (MRBs), but there are very few that discuss how banks can actually do this. And there are even fewer written by someone who has successfully helped…

A Half-Banked Industry — New Cannabis Businesses Need Access To Financial Service

By Adam Crabtree, Andrew Freedman and Crystal Good If you ever open a cannabis business, you will have this meeting: Some really big guys will contact you about your cash problem. A cash problem only they could solve. It will…

Drug Enforcement Administration Newly Classifies CBD as Schedule V Controlled Substance for Epidiolex

PRESS RELEASE DENVER, CO.—Sept. 27, 2018 Without regard for clear Congressional intent, the United States Drug Enforcement Administration (DEA) continues to act contrary to the express authorizations provided for in Section 7606 of the Agricultural Act of 2014 (the "Farm Bill")…

CBD is Not A Controlled Substance – The “Source Rule” Applies

June 27, 2018
Bob Hoban
Hemp Business Executive, Hemp Policy & Legal
1 Comment

An Urgent Request from Bob Hoban – Hoban Law Group As you may know, the Hoban Law Group (HLG) appeared before the Ninth Circuit Court of Appeals (in February, 2018) in San Francisco - Hemp Industry Association, et al. vs. DEA (“HIA…

Veterans Left Off Medical Marijuana Protections Bill

When Sens. Cory Gardner (R-Colo.) and Elizabeth Warren (D-Mass.) introduced legislation this month to restrain the federal government from interfering with state-legal cannabis consumption and commerce, they galvanized an all-too-rare level of bipartisan, bicameral support. Notably missing from the voices of support for their…

American mayors call on federal government to ease marijuana penalties

Donald Trump has said he would likely support a measure returning authority over marijuana to states Mayors representing cities across the United States have called on the federal government to ease its prohibition on marijuana usage. Tens of millions of…

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