The hemp plant reportedly has over 20,000 different uses, from rope and cloth, to building materials, to medicine, and much more. Despite hemp’s unique versatility, it currently gets the most attention for a single distillate: CBD.
Ask and you shall receive. It appears that our previous blog post was rather timely. Either that or the USDA is reading our blog. If so, don’t forget to subscribe! Enough with the shameless plugs…
Cannabis businesses are not immune to the harsh realities of any other business. In fact, they likely deal with even more difficult challenges than more traditional businesses. For example, most businesses—if not all—should have some form of insurance and, without insurance, a business’s only remedy may be to resort to and/or be subject to the court system.» Read More
On Friday, August 9, 2019, Governor Murphy signed the New Jersey Hemp Farming Act (the “Hemp Farming Act”) into law, paving the way for hemp farming in the Garden State. Although New Jersey previously enacted an Industrial Hemp Pilot Program, that legislation was essentially mooted by the federal 2018 Farm Bill. » Read More
In New York, politicians typically favor incremental action rather than sweeping legislation. This may explain the Legislature’s failure to legalize adult recreational marijuana this term. However, the legislators have passed a bill, A08420, which amends New York penal law and criminal procedure law as they relate to criminal charges stemming from possession of small amounts of marijuana. » Read More
As the end of the legislative session in New York approaches tomorrow, Wednesday, June 19, Cy Vance, the Manhattan District Attorney, and David Soares, the Albany County District Attorney, emphasize the importance of passing the Marijuana Revenue and Taxation Act in an op-ed piece published in the New York Daily News.» Read More
Today, June 3, on the heels of the New Jersey Assembly and the New Jersey Senate approving the revised medical cannabis bill, known as A10, the New Jersey Department of Health (“DOH”) Division of Medicinal Marijuana issued a Request for Applications (“RFA”) to operate up to 108 additional Alternative Treatment Centers (“ATCs”). » Read More
As we previously blogged, the last subsection of the Agriculture Improvement Act of 2018 (the “Farm Bill”) amended the Controlled Substances Act (the “CSA”) to exclude “tetrahydrocannabinols in hemp,” where hemp “means the plant Cannabis sativa L. and any part of that plant . » Read More
Governor Andrew Cuomo’s “high” hopes to legalize adult recreational use of marijuana in New York in conjunction with the state budget for 2020 has dissipated. His state budget proposal for 2020 due April 1, 2019, will not likely include legalization, dampening the dreams of Cuomo’s estimated tax revenue of $300 million over three years flowing into the state from such legalization. » Read More
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