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What The Lawyers Say

1,101 posts by 291 firms and lawyers

Cannabis law explained by the lawyers who practise it: analysis and commentary from law firms around the world, with the Cannabis Law Journal.

27 posts

Husch Blackwell

ESOPs for Cannabis Companies

An ESOP is similar to a 401(k) plan except that an ESOP invests primarily in employer stock instead of mutual funds. Because of this unique feature, an entrepreneur can sell his or her business to an ESOP, thereby turning the…

Husch Blackwell

Minnesota Adult Use Cannabis Updates

We assisted multiple clients in completing and submitting their adult-use cannabis license applications to the Office of Cannabis Management (“OCM”), and we continue to monitor how and when the OCM evaluates those applications.

Husch Blackwell

Reflections on First Minnesota Adult Use Cannabis General Licensing Window

Like many others, we were caught up in filing a slew of Minnesota adult use cannabis applications for our clients by March 14 (which, if you were paying attention, that deadline was extended to March 15 by midnight because of a…

Hilary Bricken and Michael Brandess, Husch Blackwell

Cannabis Receiverships Are (and Will Be) On the Rise

Based on a recent article in the Green Market Report (and corresponding public filings), “$1.83 billion of . . . debt is set to come due by 2026” for a number of publicly traded multi-state cannabis operators (“MSO”s). While this…

Husch Blackwell

Intoxicating Hemp in Wisconsin

America’s Dairyland does not currently have any form of either medical or adult-use cannabis. The state has tried and failed at least a couple of times on convening medical cannabis legislation (see here on the latest attempt…

Husch Blackwell

Minnesota Cannabis Update: What’s Next?

As the 2024 Minnesota Legislative Session came to a chaotic close on May 20, numerous changes to Minnesota Statutes Chapter 342 were sent to the Governor’s desk to build on the already existing cannabis regulatory structure.

Husch Blackwell

Cannabis Corporate Playbooks

If you’re in house counsel at any company, you’re likely looking to cut down on the day to day, high volume minutia posed by a variety of commercial agreements and transactions that come your way time and again.

Husch Blackwell

A Cannabis Pivot to Smokable Herbs

As the cannabis industry continues to navigate choppy economic and legal waters into 2024, some cannabis companies are pivoting to the smokable herbs market.

Husch Blackwell

Top Cannabis Scams of 2023

Overall, 2023 was a tough economic year for the entire cannabis industry. And with lean economic times comes a myriad of bad behavior, and cannabis is no exception.

Husch Blackwell

Cannabis Banking: What’s a Financial Institution to Do Right Now?

C. 280E was the overwhelming lack of cannabis banking. This inability to access financial institutions for just depository accounts was staggering to businesses, leading to endless public safety hazards and organizational chaos.

Husch Blackwell

Cannabis Litigation Alert: Commerce Clause Back on Blast

Recently, the Department of Health and Human Services recommended to the Drug Enforcement Administration that cannabis be rescheduled on the Controlled Substances Act (“CSA”) from a I to a III. At the same time, the SAFER Banking…

Husch Blackwell

Alternatives to Bankruptcy for Cannabis Companies (Part 3)

S. is an exclusively federal procedure and cannabis remains illegal under federal law and proposed a number of alternative options for businesses struggling in the current environment. Part 2 of this series focused on state law…

Husch Blackwell

Alternatives to Bankruptcy for Cannabis Companies (Part 2)

S. is an exclusively federal procedure and cannabis remains illegal under federal law and proposed a number of alternative options for businesses struggling in the current environment. Part 2 of this series focuses on one of…

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