Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, we see Senator John Thune named new Senate Majority Leader. There’s an update on the DEA re-scheduling hearing. The
The U.S. Senate’s version of the Farm Bill finally landed this week. They’re calling it the Rural Prosperity and Food Security Act of 2024 (the “Senate bill”). The Senate bill follows on the House’s proposal, called the Farm, Food and
Raising capital is always fraught with risk and uncertainty for any company. Those risks and uncertainties are magnified exponentially when it comes to raising capital for cannabis companies. Cannabis companies and potential investors must consider a hornet’s nest of complex,
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
Over the last week, I have had water cooler-type conversations about President-elect Trump’s nominations to his would-be cabinet. Most of them have been policy-based and levelheaded. The nomination of Matt Gaetz as attorney general had people running into my office
The Minnesota Office of Cannabis Management (“OCM”) has begun issuing final denials to the overwhelming majority of previously qualified social equity applicants (“SEA”s) ahead of its first statewide cannabis lottery on December 2 for 280 available “preapproval” cannabis licenses.
There are always uncertainies about various policies and priorities with the transition to a new presidential administration, and federal marijuana policies and plans have been even more uncertain in recent decades against the backdrop of significant state reforms. On the
When you live in the cannabis world, you have to keep your head on a swivel. While most areas of the law see incremental changes over years — if not decades — cannabis developments come by the day if not
