Despite being widely labeled as hemp-derived novel cannabinoids, Delta-8 THC-O and Delta-9-THC-O have been declared illegal by the U.S. Drug Enforcement Administration. In a letter to a law firm dated Feb. 13, 2023, the agency stated in no uncertain terms that these popular products – referred to collectively under the…
Articles Posted in Los Angeles marijuana business lawyers
Feds Want Banks’ Marijuana Business Data to Bust Money Laundering Schemes
Federal authorities with the U.S. Treasure Department want banks to begin collecting – and turning over – data from their marijuana clients so investigators can uncover potential money laundering schemes. Although our Los Angeles marijuana business lawyers know this news might cause wariness among those in the pot industry, it’s…
California Cannabis Tax Compliance, Banking Continue to be Challenges in 2022
Heading into the new year, California cannabis company tax compliance and banking will continue to be challenges. Marijuana retailers, growers, product makers and others in the industry would be wise to work closely with an experienced Los Angeles cannabis business attorney to help them navigate these ongoing difficulties. Recently, the…
California Cannabis Trademark Lawsuit Highlights Industry Pitfall
A cigarette manufacturer has filed a trademark infringement lawsuit against a California cannabis company alleging the smaller firm swiped their long-standing brand. The case highlights the fact that trademark registration and branding are valuable assets for any cannabis company, but accusations of trademark infringement can damage your reputation as well…
California Cannabis RICO Lawsuit Dismissed Over Federal Prohibition
One of the first of its kind California civil racketeering lawsuits involving two warring former cannabis business partners has been dismissed by a federal judge citing U.S. prohibition on marijuana. Schulman et. al., v. Kaplan et. al. was a $200 million case filed last year in the U.S. District Court…
L.A. Marijuana Lawyer: Regularly Review Your Old CBD, Cannabis Contracts
In the four years since marijuana has hit the legal market in California, the legal parameters of the industry have transformed at sometimes breakneck speed. The industry is, in a sense, always looking ahead. But because the laws and regulations have changed so quickly, it’s imperative to consult with your…
New California Cannabis Company Opportunities May Be on the Horizon
The COVID-19 pandemic has left much of the country facing some stark economic realities that don’t bode well for many businesses, some of which have already folded. But there could be a bright spot for California cannabis companies. Government agencies – from the federal level on down – are strapped…
California Sheriff’s Office Raids Model Cannabis Farm
Arroyo Verde farm, owned by Barry Brand in Carpinteria, was considered a prime example of how a legal cannabis business could flourish under close regulation from Santa Barbara County. Then in January, a sheriff-led raid of the farm found evidence to suggest the farm was not only selling licensed products,…
California’s Legal Cannabis Market Dogged by Industry Divisiveness and Illicit Competition
California’s cannabis industry is sitting on a not-so-well kept secret — that many of its licensed, above board, legal business operators have also traded unlawfully, at some point, and to one extent or another. As many industry insiders have echoed, anyone turning a profit in this new era, has to…
Is Your Cannabis Counterfeit? Police & Trademark Lawyers Monitoring Closely
Throughout Southern California, marijuana dispensaries are reportedly selling cannabis products that are counterfeit – capitalizing on another firm’s branding, holding out one’s illicit products as legal or both. Law enforcement and marijuana business lawyers in Los Angeles are actively monitoring both fronts. The Medicinal and Adult-Use Cannabis Regulation and Safety…