Cannabis: In Focus
- Tenth Circuit Upholds Licensing Agency’s Discretion When Awarding Cannabis-Related Licenses
- Delaware Becomes Latest State To Legalize Recreational Cannabis
- Cannabis Legislative Updates
Cannabis Legal Highlights, published by Perkins Coie LLP, focuses on legal and regulatory developments in the cannabis industry. The blog covers topics such as federal and state cannabis reform efforts, including rescheduling under the Controlled Substances Act, tax implications for cannabis businesses, and evolving employment laws related to off-duty marijuana use. It also addresses legislative and ballot initiatives legalizing adult-use cannabis, banking and financial services challenges for cannabis operators, and criminal justice issues tied to cannabis convictions. The blog provides updates on litigation, policy advocacy, and regulatory changes impacting cannabis operators, ancillary businesses, and stakeholders in the evolving cannabis marketplace.
Cannabis: In Focus
…
Rep. Earl Blumenauer (D-OR) introduced the Small Business Tax Equity Act (H.R. 2643) on April 17, 2023, a bill that will allow cannabis businesses to obtain tax write-offs for ordinary business expenses.
Currently, cannabis businesses are not able…
Cannabis: In Focus
…
As a consequence of cannabis’ federal illegality, cannabis companies are generally locked out of the nation’s federal bankruptcy courts. Perkins Coie’s Cannabis industry group’s Tommy Tobin recently sat down with Billy Organek, a program fellow at the Harvard Law School…
Cannabis: In Focus
…
Cannabis: In Focus
…
Our democracy is driven by both laws and fundamental freedoms. Americans expect governmental oversight that balances freedom of choice with protection of public health and safety. Sometimes these two imperatives that are emblematic of a free society do not align…
Cannabis: In Focus
…
Cannabis: In Focus
…
Tough economic conditions are leaving cannabis businesses with fewer financing and transaction options. Chapter 11 bankruptcy, a tool which many businesses have used to reorganize or liquidate, has historically been inaccessible to cannabis and cannabis-adjacent businesses because potential (or actual)…