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Dec 28, 2018

The Ghost of CBD Past, Present, and Future: The Future of CBD and Industrial Hemp

The new year is right around the corner, which will prove to be a truly new year for the industrial hemp industry and the crown jewel of hemp-derived consumer products: CBD.  As we have laid out in our previous two posts that you can read here and here, the already ubiquitous CBD has experienced tremendous growth in recent years. » Read More

Dec 20, 2018

The Ghost of CBD Past

CBD oil. CBD-infused food. CBD balms and beauty products. CBD pet products. CBD seems to be everywhere and on everyone’s news feeds these days. Indeed, these are exciting times for the hemp industry, as President Trump is set to sign the Agricultural Improvement Act of 2018 – a development that will fundamentally change the hemp industry in America.» Read More

Sep 18, 2018

IRS Authority to Determine Violations of Controlled Substances Act Challenged

A “Farm to Flame” cannabis operation in Colorado has asked a U.S. Court of Appeals to preclude the Internal Revenue Service (IRS) from disallowing income tax deductions for certain business expenses incurred by marijuana companies. The IRS had previously concluded that these business expenses were not deductible as they were incurred in business operations that violate federal law.» Read More

Aug 31, 2018

Should New Jersey Municipalities Opt out of the Marijuana Business?

In advance of the anticipated state legalization of recreational adult use marijuana, several North Jersey municipalities plan to adopt ordinances banning all marijuana businesses from operating within their borders. The recreational adult use marijuana bills currently being debated, which could be signed into law as early as this fall, empower local governments to decide whether they want to allow marijuana businesses to operate in their communities.» Read More

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