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What The Lawyers Say

1,101 posts by 291 firms and lawyers

Cannabis law explained by the lawyers who practise it: analysis and commentary from law firms around the world, with the Cannabis Law Journal.

20 posts

Phelps

Banks Could See New Opportunities If Marijuana Moves to Schedule III

Marijuana’s proposed move from Schedule I to Schedule III under the Controlled Substances Act has renewed focus on what rescheduling could mean for marijuana-related businesses (MRBs) and the financial institutions that serve…

McGlinchey Stafford

What Would Cannabis Rescheduling Mean for Lending and Payments Legality?

McGlinchey Stafford SOURCE JD SUPRA The U.S. Drug Enforcement Agency’s proposal to reschedule cannabis from a Schedule I to a Schedule III drug under the Controlled Substances Act (CSA) has generated considerable buzz across…

McGlinchey Stafford

Marijuana Reclassification Impacts Bank Servicing Of Businesses

The Department of Justice’s move to reclassify marijuana as a less dangerous drug, on which it began formal proceedings on May 16, won’t legalize state-level adult…

Husch Blackwell

Top Cannabis Scams of 2023

Overall, 2023 was a tough economic year for the entire cannabis industry. And with lean economic times comes a myriad of bad behavior, and cannabis is no exception.

Husch Blackwell

Cannabis Banking: What’s a Financial Institution to Do Right Now?

C. 280E was the overwhelming lack of cannabis banking. This inability to access financial institutions for just depository accounts was staggering to businesses, leading to endless public safety hazards and organizational chaos.

Troutman Pepper Locke

The Corporate Transparency Act and Its Connection to Cannabis

I. Introduction Effective on January 1, 2024, the Corporate Transparency Act (CTA) will require all nonexempt entities to report certain identifying information of its beneficial owners (as defined below) and company applicants…

Heidi's Linkedin Profile, McGlinchey Stafford

SAFER Act: Marijuana May Soon Become a Bigger Deal

Proponents of marijuana reform have had cause for celebration in 2023. Despite challenges facing the industry, the political and social momentum surrounding cannabis is ticking upward.

McGlinchey Stafford

Cash Transportation for Cannabis-Related Businesses

As chair of McGlinchey’s Cannabis team, Heidi Urness has a national reputation as a skillful, tenacious, and results-focused attorney who advises licensees, financiers, and cannabis-ancillary business and service providers as…

Green Check Verified

The Future of Financial Compliance for Cannabis Businesses

com/in/paul-dunford/ In 2014 the Financial Crimes Enforcement Network (FinCEN) issued “BSA Expectations Regarding Marijuana Related Businesses,” a document that laid out how banks and credit unions can serve the cannabis industry…

Harris Sliwoski

Cannabis Scams 3.0

In an era of Theranos, Fyre Fest, FTX and WeWork, cannabis scams, frauds, and scandals probably pale in comparison. However, cannabis scams (and their evolution) are still worth noting, spotting, and avoiding at all costs.

Butler Snow

Half-Baked: An Overview of Current Cannabinoid Laws & Regulations

Over 50 years ago President Nixon declared a “War on Drugs,” leaving housewives over the country proclaiming marijuana[1] to be the devil’s lettuce and urging sweet Billy to steer clear of the gateway drug.

Whitt Steineker, Bradley Arant Boult Cummings

American Cannabis Policy Is the Definition of Insanity

I was relieved to learn that Albert Einstein never actually said that “[i]nsanity is doing the same thing over and over again and expecting different results,” because it seems like a really bad idea to start a blog post…

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