Search Insights

Insights

21 Insights found for Industries > Cannabis
TITLE
In The News
Blog Post
Blog Post
Blog Post

2020 Labor and Employment Legislative Developments

Schiff Hardin Employment Law Landscape

Alert

Cannabis Legalization in Key States: Arizona Becomes the Thirteenth State to Light the Recreational Torch

On November 3, Arizona voters passed the Smart and Safe Arizona Act (Proposition 207) by a wide margin, becoming the 13th state to legalize recreational marijuana for adult use. This is considered a huge victory in the nationwide legalization efforts.

Blog Post

CBD Manufacturers and Retailers Face Action from the FDA and Consumer Litigants

Schiff Hardin Product Liability and Mass Torts Blog

Alert

Five Tips for Landlords of Cannabis-Related Businesses

As more states take steps to legalize cannabidiol (CBD) and marijuana, there are many outstanding questions for potential landlords of cannabis-related businesses.

Alert

RICO and Prohibition Walk Into a Bar – The Ironic Application of Racketeering Law to Legal Cannabis

A potent federal statute designed to take down organized crime looms large over the legal cannabis industry. The Racketeer-Influenced and Corrupt Organizations Act (RICO) was enacted in the 1970s to fight the mob with a declared purpose to “seek eradication of organized crime in the United States.”

Alert

Risks Remain for Banks Servicing the Hemp Industry

While the latest guidance on regulating financial services for hemp businesses may feel like a turning point, current banking regulations will likely continue to inhibit hemp businesses from integrating into the mainstream financial system.

Alert

Cannabis Legalization in Key States: Connecticut Becomes Fifth State in 2021 to Legalize Recreational Marijuana

Following its neighboring states, Connecticut legalized recreational cannabis after Governor Ned Lamont signed the Responsible and Equitable Regulation of Adult-Use Cannabis Act (RERACA) on June 22.

Alert

Cannabis Legalization in Key States: Legislature’s Twilight Moves Save Legal Cannabis in New Jersey

Last week, New Jersey Governor Phil Murphy signed three bills that pave the way for legal recreational cannabis sales in New Jersey, after uncertainty swirled around the fate of the legislation even on the day of signing. A clean-up measure reached the governor’s desk only minutes before his signing deadlines.

Alert

Cannabis Legalization in Key States: New Jersey Becomes the First State in the Tri-State Area to Legalize Recreational Use

New Jersey has legalized adult, recreational cannabis use. With more than two-thirds of voters in favor of amending the state Constitution, it became the first in the Tri-State region to permit recreational marijuana use.

Alert

Cannabis Legalization in Key States: New Mexico Legalizes Recreational Use and Lays Out New Licensing Framework

New Mexico became the latest state to legalize recreational cannabis after Governor Michelle Lujan Grisham signed the Cannabis Regulation Act (CRA) in mid-April. The law legalizes use, possession, manufacture, production, and sale as of June 29, 2021, and kicks off retail sales by April 1, 2022.

Alert

Cannabis Legalization in Key States: New York Fast Tracks Legalization Bill

After years of regulatory stalemate, New York has legalized recreational cannabis use.

Alert

Cannabis Legalization in Key States: Virginia Passes Governor’s Amended Bill to Legalize Possession in July, Sales in 2024

Virginia has become the latest state to legalize adult recreational cannabis use, although the legislation will not be effective immediately.

Alert

Cannabis Legislation in Key States: Montana Voters Approve Legalizing Marijuana for Recreational Use

In November 2020, Montana joined Arizona, New Jersey, and South Dakota in legalizing recreational cannabis use.

Alert

CBD Regulation: Not Much Progress in 2021

The FDA’s position that the Food, Drug, and Cosmetic Act (FDCA) prohibits CBD from being sold in interstate commerce as a dietary supplement or food ingredient makes national companies hesitant to sell products containing CBD or do business with the CBD industry.

Alert

High Stakes for Cannabis Industry: The Case Pitting 280E Against the Sixteenth Amendment Could Ease High Tax Burden

All eyes in the cannabis industry will be watching an upcoming case before the Ninth Circuit Court of Appeals that could dramatically ease the tax burden of cannabis entrepreneurs, who pay tax rates many times higher than most non-marijuana businesses.

Blog Post

The FTC’s Operation CBDeceit, A Piece of the CBD Regulatory Pie

Schiff Hardin Product Liability & Mass Torts Blog