Cuomo to Again Seek Legalization of Recreational Marijuana in NYS
October 21, 2020 | Cannabis
Earlier this week, Axel Bernabe, Assistant Counsel to NY State Governor Andrew Cuomo, indicated that he expected the state budget to once again include provisions legalizing the recreational use of marijuana and permitting the use of CBD (cannabidiol) in food and beverages. Bernabe disclosed the news during an interview with Canopy Growth Corp.’s David Culver …
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The Cannabis Industry Is Risking It All
October 1, 2020 | James P. Lagios | Joshua D. Smith | Mark J. Wagner Jr. | Corporate | Insurance Coverage | Cannabis
James Lagios, Joshua Smith and Mark Wagner wrote, “The Cannabis Industry Is Risking It All,” for Mealey’s® Emerging Insurance Disputes. The article discusses the obstacles that cannabis-related businesses face when seeking to use insurance coverage to mitigate their operational risks. To read the article, click here.   …
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Kern and Ullman Publish Article in Pratt’s Journal of Bankruptcy Law
September 17, 2020 | Cannabis
Bob Kern and Marc Ullman published the article, “Cannabis Investments and Exit Strategies: A Case Study” in Pratt’s Journal of Bankruptcy Law. The article discusses the easiness with which investors can make investments in cannabis companies. However, due to the risks, they would be well-advised to have an exit plan in the event their investment …
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Cannabis Investors and Producers Face Need for Due Diligence
September 1, 2020 | Stella Lellos | Benjamin P. Malerba | Cannabis
The cannabis industry is growing in leaps and bounds, but entrepreneurs interested in developing cannabis companies – as well as business people interested in investing in them – must make certain that they know what they are getting themselves into. That is where “due diligence,” including understanding how the bankruptcy law applies to cannabis companies, …
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Cannabis: A Business Opportunity for Those with an Appetite for Risk
September 26, 2019 | Robert C. Kern, Jr. | Matthew V. Spero | Marc S. Ullman | Mark J. Wagner Jr. | Compliance, Investigations & White Collar | Corporate | Health Services | Cannabis
In the past 10 years, the legalization of marijuana and other cannabis-related products have expanded tremendously throughout the United States. Currently, medical marijuana is legal in 33 states and the District of Columbia, while 11 states and the District of Columbia have legalized recreational marijuana use for adults 21 and over. Additionally, cannabidiol (CBD) got …
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Ullman’s Article on CBD in Supplements Appears in USLAW Magazine
March 28, 2019 | Marc S. Ullman | Compliance, Investigations & White Collar | Cannabis
Marc Ullman wrote “Regulations Remain Hazy around CBD Use in Supplements” for the Spring/Summer 2019 issue of USLAW Magazine. The article reveals the regulatory confusion shrouding products made from Cannabis Sativa plants and their byproducts, with a special focus on cannabidiol as a supplement ingredient. To read the article, click here.   …
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Shapiro Published in Vitamin Retailer
August 29, 2018 | Health Services | Cannabis
Steven Shapiro wrote an article published in the September 2018 issue of Vitamin Retailer entitled, “What is the story with CBD dietary supplements? Are they legal for sale in my store?” Click here to read the article. …
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New York Releases Proposed Regulations on Medical Marijuana
December 23, 2014 | Health Services | Cannabis
The New York State Department of Health (“DOH”) has released proposed regulations on the growth, manufacture, sale, and use of medical marijuana in the state. The regulations are the first step in implementing the “Compassionate Care Act,” (the “Act”) signed into law in September, that contemplates the distribution of medical marijuana in the state in …
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