CBD Law in California (AB-45) Permits Sale of Hemp-Derived Products

January 18 2023 in Marijuana Business

Cannabidiol, commonly known as CBD, is a non-impairing substance that can be derived from hemp plants. CBD can be infused with many consumer products such as foods, dietary supplements, and cosmetics, and demand for those products has exploded — according to Forbes, the U.S. market for CBD is proj...

How to Invest in a Cannabis Business

January 5 2023 in Marijuana Business

With the legalization of cannabis spreading exponentially over the past decade, many anticipate growth to only increase. Some claim that now's the time to get some skin in the game before the industry explodes to a projected $176 billion by 2030. However, given current federal legal restrictions, i...

Using Local Ballot Measures to Open a Cannabis Business

December 14 2022 in Marijuana Business

As public acceptance of cannabis becomes more widespread, more business opportunities are presenting themselves in California. However, you can’t just set up a shop and start dispensing cannabis immediately. There are laws you’ll need to follow, like opening a store in a properly zoned area or t...

The Elimination of CA Marijuana Cultivation Tax

November 9 2022 in Marijuana Business

June 30 marked a milestone for the marijuana business as Governor Gavin Newsom passed Assembly Bill 195, effectively killing the debilitating cultivation tax that has hindered the cannabis industry for years. While many have relished in the victory, lawmakers view this as a minor feat toward total t...

Is California’s Cannabis Industry in Trouble?

October 28 2022 in Marijuana Business

As the first state to allow medical cannabis and among the earliest to approve recreational marijuana use in the U.S., many advocates hoped California would set a precedent for legal cannabis in America. However, more than five years after the state legislature ratified recreational use laws, the Go...

Biden Pardons Thousands in Federal Prison for Simple Possession of Marijuana

October 14 2022 in Marijuana Charges, Media Coverage

President Biden recently pardoned thousands in federal prison for simple possession. He supported this decision with the fact that these convictions have limited opportunities for those with a criminal record in many ways, including employment, housing, and education. He also noted how these convict...

How Cannabis Businesses Should Handle a Recall

October 11 2022 in Marijuana Business, Recreational Marijuana

As the cannabis industry grows, the potential for recalls increases. Failing an inspection, contaminated plants, or mislabeled products could force you to remove your merchandise from the public, risking your brand and your bottom line. However, planning for this crisis helps mitigate its impact and...

New Law Could Protect Employees’ Marijuana Use Away From Job

September 28 2022 in Marijuana Charges, Media Coverage

Gov. Gavin Newsom recently signed Assembly Bill 2188, amending the California Fair Employment and Housing Act to prohibit employment discrimination against an individual based on an employer-required drug screening test. Basically, some employers would not be able to screen for marijuana before hiri...

The Status of Psychedelics Legalization

September 14 2022 in Drug Crimes

For over a year, San Francisco Senator Scott Wiener (D) has made attempts to pass a bill legalizing the possession of several psychedelics. Determined, Senator Wiener saw much progress with the new law as it made its way through the Senate and subsequent Assemblies. However, after a long and tedio...

McElfresh & Other Pot Attorneys Discuss Money Laundering Rules

March 1 2022 in Media Coverage

Law360: February 16, 2022 - The International Cannabis Bar Association has warned the American Bar Association against a proposed change to the ethical guidelines regarding lawyers' responsibilities to combat money laundering, saying it could ensnare attorneys. The proposed changes would broadly e...

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