LEX CANNA

New California Cannabis Regulations Create Uncertainty For Corporate Owners

On October 19, 2018 California’s three state cannabis licensing authorities published proposed changes to the forthcoming state rules governing the cannabis industry.  While there are numerous revisions that will impact operators, one provision of the changes stands out for investors in the cannabis space. Previous iterations of the cannabis regulations required limited disclosure of merely […]

Emergency Regulation Addresses Tax Puzzle

As California scrambled to get rules in place for its new state-legal cannabis market, one welcome, if imperfect, feature of has been flexibility with respect to pre-existing inventory. For example, Section 5029 of the Bureau of Cannabis Control’s emergency regulations allows businesses to sell goods in inventory that do not comply with labeling requirements under […]

Beyond Licensing: Prop 65 Liability Risks for California Cannabis Companies

California has finally ushered in the era of state-licensed cannabis, and cannabis is now a commercial product much like any other (well, at least in the state’s eyes). Forward-thinking companies will not rest on their laurels after obtaining their state licenses, however. As with any product sold to consumers, selling cannabis carries various liability risks. […]

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