Blog Posts in November, 2016

Nov 21

3 Reasons Why You Should Invest in a Marijuana Business

Charles Feldmann

Marijuana is now legal in some form in twenty-eight U.S. states and the District of Columbia – more than half of the country. As more states legalize marijuana for either medical or recreational purposes (or both), marketers and investors are lining up to get a piece of what is currently a $7 billion industry. With more than 60 percent of ...
Nov 20

Anti-Marijuana Senator Jeff Sessions Selected as Attorney General

Charles Feldmann

Donald Trump’s transition team announced Friday morning that Senator Jeff Sessions (R-AL) is the president-elect’s nominee for Attorney General. Sessions, a “far-right” conservative, was the first senator to officially endorse Mr. Trump in February of this year. Although he’s known for his hard-line stance on ...
Nov 18

Distilling California's Adult Use of Marijuana Act (Proposition 64)

Charles Feldmann

By Gregory D. Thomas, Esq. Last week, California passed the Adult Use of Marijuana Act (“Act”) by a vote of 56% to 44%. Conventional wisdom dictates that legalized recreational marijuana in the United States’ most populous state and the sixth largest economy in the world will have a significant influence on how marijuana is ...
Nov 16

Medical Marijuana Cardholders Still Banned from Purchasing Firearms, Court Says

Charles Feldmann

By: Charles Feldmann, Esq. On August 31, 2016, the Ninth Circuit upheld a ban that prevents medical marijuana cardholders from purchasing a firearm. The case arose when Rowan Wilson, a Nevada medical marijuana cardholder, attempted to purchase one from a local dealer in 2011. Medical marijuana is legal in Nevada. However, the federal government ...
Nov 15

Court Says Colorado License Plates Not Enough to Search Vehicle

Charles Feldmann

By: Charles Feldmann, Esq. On August 23, 2016, the Tenth Circuit held that highway patrol officers involved in traffic stops cannot use the fact that an individual’s identification or license tags are from a state that has legalized marijuana as a justification to detain the person or search the vehicle for drugs. In addition, the court found ...
Nov 10

The Future of Marijuana Under President Trump

Charles Feldmann

By Charles Feldmann, Esq. Donald Trump’s election on Tuesday as the next U.S. president has left proponents of both recreational and medical marijuana wondering about the industry’s future after he takes office this January. In addition, the passing of four initiatives in favor of legalizing recreational marijuana (California, ...
Nov 09

California Voters Legalize Recreational Use of Marijuana

Charles Feldmann

Proposition 64 Legalizes Recreational Cannabis Use By: Charles Feldmann, Esq. Yesterday, Californians voted to legalize the recreational use of marijuana. By approving Proposition 64, California became the most populous state in the U.S. to pass such a law. After narrowly rejecting a similar measure six years ago, Californians voted to end ...
Nov 02

Marijuana Business Litigation - Special Considerations

Charles Feldmann

Feldmann Nagel Margulis attorney Lisa Pittman, together with Attorney Lisa Dickinson of Dickinson Law Firm, PLLC in Spokane, Washington, are the authors of a new article which will soon be featured in an upcoming edition of the ABA’s TIPS Business Litigation Committee Newsletter. The article, entitled “ Medical Business Litigation ...
Nov 01

Texas Hold'em: CBD License Application Fee Raised to $1,300,000

Charles Feldmann

By: Lisa Pittman, Esq. License application fees are now bigger in Texas. Specifically, the newly proposed license application fee to participate in the State’s inaugural medical marijuana program, under the Texas Compassionate Use Act (the “Act”), has been raised from $6,000 to $1,300,000. The Act is a statute that contemplates ...

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