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  • Will the Push for a Bank Safe Harbor on Cannabis Succeed?

    The Conference of State Bank Supervisors (CSBS) has sent letters to the U.S. House of Representatives and the Senate, stressing the importance of providing safe harbor for financial institutions offering financial products and services to cannabis or cannabis ancillary businesses under the proposed Secure and Fair Enforcement (SAFE) Banking Act.

  • Women in Cannabis Panel on Inclusion in the Industry and Workplace

    Member Heidi Urness (Seattle) joined a Women in Cannabis Panel on the Green Rush, a 2-hour weekly live cannabis business talk show produced by Pro Cannabis Media every Friday. The show discusses news issues in the cannabis market and each week conducts a deeper dive into specific topics of the industry.

  • Cannabis Companies Lacking Bankruptcy Protections Can Explore State Options

    As the trend to legalize the medical and recreational use of marijuana continues to blaze through the states, federal law, and bankruptcy courts by extension, have not yet followed suit. Bankruptcy courts have historically prevented cannabis – and even cannabis-ancillary companies – from filing for protection under the United States Bankruptcy Code because marijuana remains illegal under the Controlled Substances Act (CSA) at the federal level. Consequently, financially distressed companies in states where marijuana is legal still have limited restructuring options and must rely on state law options.

  • Ninth Circuit Holds Delta-8 THC Products Are Federally Legal

    On Thursday, May 19, 2022, the Ninth Circuit ruled that hemp-derived products which contain delta-8 THC are currently legal under federal law, and entitled to trademark protection.

  • McGlinchey Stafford Adds New Cannabis Chair In Seattle

    McGlinchey Stafford PLLC announced today that it hired an experienced attorney as a Seattle-based member and the new chair of the firm's cannabis practice.

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