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FREE Webinar This Thursday, 3/26: We Answer Your Cannabis Coronavirus Questions

COVID-19 has affected almost every aspect of American life, including the business and financial sectors. The cannabis industry is no exception. Many questions still loom for cannabis businesses and investors during this uncertain time. Examples include: regulatory compliance the ability to stay open (and what constitutes an “essential business”) contract enforceability employment issues local, state, […]

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FDA Report Indicates Change is Coming for CBD (But Don’t Hold Your Breath)

On March 5, 2020, the Food and Drug Administration (FDA) issued a report to Congress on how the agency intends to regulate hemp-derived CBD (Hemp CBD). The report was accompanied by a press release from the FDA. The report states that the FDA will continue to work on a regulatory framework for Hemp CBD but

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BREAKING: Is Cannabis an “Essential” Service under California’s COVID-19 “Stay At Home” Order?

At 5:30 p.m. yesterday, California Governor Gavin Newsom took a giant step forward in preventing the spread of COVID-19 by enacting a “Stay At Home” order (the “Order”) across the state, mandating that California state residents remain in their homes, except to fulfill “essential” needs. The Order is in place seemingly indefinitely as Newsom would

BREAKING: Is Cannabis an “Essential” Service under California’s COVID-19 “Stay At Home” Order? Read More »

Cannabis and Force Majeure: If Coronavirus Prevents Contract Performance, Who’s Liable?

Under most U.S. states’ laws, coronavirus likely constitutes a force majeure – an “act of God” – a severe, unforeseeable circumstance beyond the control of any contracting party.  No party created this act of God — both are “innocent parties”; both will likely suffer from breach. Contract clauses governing such unusual events are named force

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Washington State Liquor And Cannabis Board Addresses COVID-19

Yesterday at the close of business, the Washington State Liquor and Cannabis Board (LCB) emailed stakeholders an update on COVID-19. This update was in response to an earlier proclamation by Governor Jay Inslee which shut down restaurants, bars, coffee shops, and any other venues where people congregate to eat and drink. The proclamation also prohibits

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Cannabis and Coronavirus: What Your Business Should Do Right Now

  Add “global pandemic” to the list of challenges faced by the sputtering cannabis industry. The coronavirus COVID-19 is tearing across the U.S. economy. Businesses everywhere are making very difficult decisions. In many cases, those decisions are being made for them. As I write this post on the evening of Sunday, March 15, the Federal

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