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Blog 2019

    Blog Posts in 2019

  • Nov 22

    LIVING WITH INTERNAL REVENUE CODE SECTION 280E

    William C. Hitchcock, JD, LLM, EA

    During the past several years, the marijuana industry has faced many regulatory challenges, but none greater than that imposed upon them by the impact of Internal Revenue Code Section 280E. This provision of the Internal Revenue Code is one of several "disallowance" provisions found in the same code section. In pertinent part, IRC Section ...

  • Sep 19

    Publicly Traded Canadian Cannabis Companies and the US Risk

    Charles Feldmann

    Canadian publicly traded cannabis companies investing into a US federally illegal enterprise. Not smart as a foreigner. What are the risks? More than half of U.S. states have legalized some form of medical cannabis. Eleven states and counting have enacted laws authorizing recreational adult-use. Federal appropriations bills have cut funding for ...

  • Aug 27

    AMERICAN BAR ASSOCIATION CALLS ON CONGRESS - HOW MUCH CLOUT DOES THE ABA CARRY FOR CANNABIS REFORM?

    Charles Feldmann

    The American Bar Association (“ABA”)’s Criminal Justice Section has issued a report to the House of Delegates urging Congress to enact legislation to “exempt from the Controlled Substances Act any production, distribution, possession, or use of marijuana carried out in compliance with state laws,” to remove marijuana ...

  • Aug 27

    AMERICAN BAR ASSOCIATION CALLS ON CONGRESS - HOW MUCH CLOUT DOES THE ABA CARRY FOR CANNABIS REFORM?

    Charles Feldmann

    The American Bar Association (“ABA”)’s Criminal Justice Section has issued a report to the House of Delegates urging Congress to enact legislation to “exempt from the Controlled Substances Act any production, distribution, possession, or use of marijuana carried out in compliance with state laws,” to remove marijuana ...

  • Jul 29

    CBD is on a Roll, but the FDA is Hitting the Brakes

    Charles Feldmann

    As the U.S. market for CBD continues to skyrocket and companies competing in the cannabis space become more developed, they are being held back by the slow federal regulatory response at the Food and Drug Administration. On Monday, July 22, the U.S. Food and Drug Administration sent a letter to Curaleaf Holdings CEO Joseph Lusardi warning that the ...

  • Jul 24

    Why Legal Marijuana Does Not End The Illegal Market

    Charles Feldmann

    Areas that have approved the sale of cannabis still deal with a “gray market” where legal and illegal marijuana markets coexist. It is a scenario that frustrates legal cannabis businesses and law enforcement alike. The surge in cannabis policy reform across the country and world may have caused many to anticipate a heavy blow to illegal ...

  • Jul 18

    GUAM ENDS PRACTICE OF SEIZING CBD PRODUCTS ENTERING THE TERRITORY

    Charles Feldmann

    Amidst unclear rules and regulations surrounding CBD imports, Guam has ended its extrajudicial seizure of CBD products entering the country. Governor Lou Leon Guerrero announced on Friday that the products that have been intercepted and held by the territory’s Customs and Quarantine Agency will be released. The Agency began seizing ...

  • May 31

    What's Next for Cannabis Banking?

    Charles Feldmann

    The California Legislature passed Senate Bill 51 last week, allowing California state-chartered banks and credit unions to provide banking services for the states’ cannabis businesses. This legislation covers 40.02 million California residents, but will it be a powerful enough move to help sway the Senate Banking Committee and Chairman ...

  • Apr 29

    Unions Blowing Smoke with "Green Lung" Myth

    David Nagel and Jered Harris

    Updated February 10, 2020 What is ‘green lung’? Is cultivating marijuana to blame, or something else? In case you didn’t catch the Colorado Senate Finance Committee hearing on April 18 th regarding Publicly Traded Marijuana Companies HB19-1090, the term ‘green lung’ was introduced by Randy Tiffey, of the United Food ...

  • Feb 27

    From Prison to Profit

    Charles Feldmann

    Read Charles' new publication in The Edition here.

  • Feb 26

    Social use cannabis is now permanent in Denver, opening the door for new business.

    Charles Feldmann

    The Denver City Council voted 10-1 in favor of lifting the 2020 sunset date on social use cannabis businesses. While it is legal to buy and consume cannabis is Colorado, there are only two businesses in Denver that will allow you to vape or consume edibles on the premises. The reason? While Colorado voters previously passed a bill to allow social ...

  • Feb 20

    On Global Cannabis: Why the 50 Stars Will Triumph Over a Single Maple Leaf

    Charles Feldmann

    Last October, I was in Canada speaking at a convention for international lawyers just days after the country’s bold move of legalizing marijuana. Mexico is also on the path to federal legalization, and more and more countries are joining in the global end to prohibition. I wondered: Has the United States lost its opportunity to be the top dog ...

Recent Posts

  • LIVING WITH INTERNAL REVENUE CODE SECTION 280E
  • Publicly Traded Canadian Cannabis Companies and the US Risk
  • AMERICAN BAR ASSOCIATION CALLS ON CONGRESS - HOW MUCH CLOUT DOES THE ABA CARRY FOR CANNABIS REFORM?
  • AMERICAN BAR ASSOCIATION CALLS ON CONGRESS - HOW MUCH CLOUT DOES THE ABA CARRY FOR CANNABIS REFORM?
  • CBD is on a Roll, but the FDA is Hitting the Brakes
  • Why Legal Marijuana Does Not End The Illegal Market
  • GUAM ENDS PRACTICE OF SEIZING CBD PRODUCTS ENTERING THE TERRITORY
  • What's Next for Cannabis Banking?

Most Popular

  • Texas Hold'em: CBD License Application Fee Raised to $1,300,000
  • LIVING WITH INTERNAL REVENUE CODE SECTION 280E
  • Unions Blowing Smoke with "Green Lung" Myth

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