At the end of March, Governor Glenn Youngkin (R-VA) vetoed a bill passed by the Virginia legislature designed to create a recreational cannabis market in the Commonwealth, citing “adverse effects on children’s and...more
For many, the most exciting prospect in the cannabis industry for 2024 is the possibility of rescheduling cannabis from a Schedule I controlled substance to Schedule III under the Controlled Substances Act (as amended and in...more
2/13/2024
/ Agribusiness ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Controlled Substances ,
Controlled Substances Act ,
Decriminalization of Marijuana ,
Dispensaries ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Popular
On October 16th, Burns & Levinson hosted its Seventh Annual State of the Cannabis Industry Conference, where our very own Scott Moskol sat down with the following top cannabis executives to introduce and discuss the shared...more
10/27/2023
/ Agribusiness ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Decriminalization of Marijuana ,
Dispensaries ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Medical Marijuana ,
Recreational Use ,
State and Local Government
I recently sat down with wellness and cannabis entrepreneur, ex-pharmacist, podcaster, and my friend, Dr. Steve Ivanoski, to discuss the launch of his new cannabis product in Massachusetts and the mission of his company, Dr....more
On July 28, 2023, the Massachusetts Cannabis Control Commission (“CCC”) unanimously approved what is being characterized as “historic changes” to its cannabis regulations. These changes stem from the 2022 law promulgated by...more
You’ve heard it before. The cannabis industry is going through a shakeup, and to no one’s surprise, 2023 is off to a rocky start. We’ve witnessed the first, but not last, adult-use dispensary permanently close its doors in...more
As of May 2, 2023, consumers and medical patients in Massachusetts can purchase cannabis seeds and clones at retail. Clones are clippings from a marijuana plant that can be rooted and grown. As of the effective date,...more
The cannabis plant contains hundreds of different chemical compounds known as cannabinoids. The most familiar is tetrahydrocannabinol (THC), which is the most potent psychotropic chemical compound in cannabis that is...more
Does anyone else feel immense frustration when considering the inequitable treatment that cannabis businesses receive under Section 280E of the Internal Revenue Code (26 U.S.C. s. 280E)? It grinds my gears that our clients,...more
More frequently over recent years, federal courts have wrestled with the constitutionality of a state’s requirement under its cannabis regulations that ownership of a cannabis company be majority owned (or some other...more
2/14/2023
/ Agribusiness ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Dispensaries ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Ownership Interest ,
Ownership Rules ,
Residence Status ,
State and Local Government
On October 17th Burns and Levinson hosted its Sixth Annual Cannabis Industry Conference. Our very own Scott Moskol sat down with the following experts to discuss the current state of the national cannabis market and diagnose...more
11/3/2022
/ Acquisitions ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Capital Markets ,
Debt Financing ,
Debt Restructuring ,
Insolvency ,
Marijuana ,
Marijuana Related Businesses ,
Mergers ,
Popular
The cannabis market in America has expanded and continues to grow with each election cycle. State lawmakers and their respective voters continue to propose and pursue the passage of ballot referendums, constitutional...more
9/8/2022
/ Agribusiness ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Decriminalization of Marijuana ,
Dispensaries ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
Proposed Legislation ,
Recreational Use ,
State and Local Government
On July 14, 2021, Senators Chuck Schumer, Cory Booker and Ron Wyden introduced a bill to legalize and regulate cannabis at the federal level, titled “The Cannabis Administration and Opportunity Act.” This short, impactful...more