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Cybersecurity Issues Threaten Cannabis Businesses, But Can Be Mitigated

by Andrew Kingsdale June 14, 2023 Photo by Kevin Ku on Unsplash. Cybersecurity breaches can deplete a company’s profits, affect its reputation, and jeopardize employee safety and customer wellbeing. According to IBM, in 2022 the global average cost of a data breach was $4.35 million, around 2.6% higher than in […]

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California Senate Bill 58: A Revolution in Psychedelic Legislation Advances to the Assembly

by Omar Figueroa and Lauren Mendelsohn May 25, 2023 Introduction In a significant stride toward progressive drug policies, California Senate Bill 58 (which we will abbreviate here as “SB 58”) is making waves as it advanced out of the Senate and into the Assembly on May 24, 2023. We previously […]

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Can Foreign Nationals Invest in New York’s Cannabis Market?

By Andrew Kingsdale May 17, 2023 New York State’s cannabis market offers numerous opportunities for entrepreneurs and consumers alike, but legal restrictions apply.  This post summarizes the statutory restrictions on foreign nationals interested in applying for a cannabis license or investing in a licensed cannabis business. In general, foreign nationals […]

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Lobbying for Cannabis Reforms in Sacramento

May 9, 2023 By Lauren Mendelsohn   Yesterday, our founder and principal attorney Omar Figueroa and our senior associate attorney Lauren Mendelsohn were in Sacramento lobbying on behalf of cannabis consumers, patients and businesses as part of California NORML’s and Americans for Safe Access’ annual Citizen Lobby Day. You can […]

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AB 766: Proposed California Law Would Require Payment of Cannabis Invoices

by Omar Figueroa April 5, 2023 A proposed California law would require licensed cannabis businesses (hereafter “licensees”) to pay bills owed to other licensees or face disciplinary action. According to the Digest prepared by the Legislative Counsel, Assembly Bill 766 would require the payment of goods and services sold or […]

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The Legality of Magic Mushrooms in California in 2023

by Omar Figueroa March 27, 2023 California has been at the forefront of psychedelic policy change for years.  In 2019, the City of Oakland became “the first in the nation to decriminalize a wide range of psychedelics such as psilocybin mushrooms and ayahuasca.”  Similarly, in early 2020, city leaders in […]

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Tax Incentives for California Cannabis Businesses

By Omar Figueroa and Lauren Mendelsohn March 20, 2023 Starting in 2023, the State of California is providing several tax incentives for owners of certain types of cannabis businesses. Below we will be discussing the High-Road Cannabis Tax Credit, the Cannabis Equity Tax Credit, and Vendor Compensation for qualifying equity […]

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New State Grant Program Seeks to Increase Retail Access

By Lauren Mendelsohn and Omar Figueroa March 1, 2023   Last month, the Department of Cannabis Control (DCC) announced a new grant program designed to increase access to licensed retail facilities statewide. The Local Jurisdiction Retail Access Grant program will provide up to $20 million to California cities and counties that […]

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