The Option of Bankruptcy Grows Clearer for Hemp Businesses

As we’ve written about before, bankruptcy hasn’t been a viable option for cannabis businesses, including ancillary businesses that derive any portion of their revenue from cannabis. That was expected to change for hemp and CBD businesses after the 2014 Farm Bill, and especially after hemp was legalized as a commodity under the 2018 Farm Bill

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Oregon Cannabis Securities Litigation: Another (!) Fraud Lawsuit

The maturation of the Oregon cannabis industry in the past few years has been accompanied by a tremendous increase in mergers and acquisitions and a flood of investment capital into the marketplace.  Not surprisingly our commercial litigators have seen a marked increase in the number of securities lawsuits both here in Oregon and elsewhere.  As

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Free Webinar Tomorrow, November 19: Ketamine, Psilcobyin and New Drug Therapies (Part 2)

REGISTER HERE! In case you missed the first webinar, you can WATCH IT HERE. For the past decade, Harris Bricken attorneys have advised domestic and international businesses and entrepreneurs on rapidly evolving laws and regulations in the cannabis, hemp, and regulated substances industries. Over the last few years, our attorneys have led the way on

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Arizona Cannabis: New Opportunities Under Proposition 207

As the old adage goes, if at first you don’t succeed, Try, try again. After suffering a close defeat in 2016, Arizona’s new recreational cannabis law passed with 60% of the vote on November 3, 2020. So, if you’re an entrepreneur or weed enthusiast, what happens next and what should you do to prepare for

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California Voters Expand Commercial Cannabis Opportunities Across the State: Part II

Election day this year proved to be a big step forward in terms of drug policy reform, with Arizona, Montana, New Jersey, and South Dakota legalizing adult-use cannabis, Mississippi legalizing medicinal cannabis, Washington DC decriminalizing a host of psychedelic plants, and Oregon leading the way by legalizing psilocybin for therapeutic use and decriminalizing non-commercial possession

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Wiping Slate Clean For Marijuana Offenders Opens Doors

As CEO of Common Citizen, one of Michigan’s largest cannabis producers, I can tell you firsthand the state’s new Clean Slate law is a game-changer that will benefit families, communities and our state’s economic resurgence. Signed by Gov. Gretchen Whit…

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FREE Webinar – Cannabis in the U.S. and E.U.

REGISTER HERE TODAY! Join Harris Bricken, in partnership with German-based law firm KFN+ and Swiss-based law firm Froriep for a FREE webinar on Thursday, December 17th, at 8:30am PT/ 5:30pm CET to learn about cannabis and hemp CBD abroad. Our international cannabis and hemp CBD attorneys, Griffen Thorne and Nathalie Bougenies, are partnering with Kai-Friedrich Niermann (KFN+)

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SEC’s Investment Rule Updates and Cannabis Fundraising

Recently the SEC updated its rules to simplify the patchwork of regulations to help companies in fundraising mode. This matters to cannabis companies of all types, especially those that want to utilize the available federal exemptions in their securities offerings. In the SEC’s own words, “These amendments will promote capital formation and expand investment opportunities

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Can Farming Hemp Help Fight Climate Change?

A small farm in upstate New York is working to revolutionize the organic farming industry, starting with supporting their local ecosystem while growing, among a variety of grains, hemp — the plant behind the multi-million dollar CBD industry. Hemp, a s…

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