Cannabis Law Journal: Issue 6 – 1 September 2017

Welcome to the latest issue of Cannabis Law Journal.

Since publishing our last issue so much water has passed under the bridge it’s almost impossible to know where to start.

 

We’ve had the almost soap opera qualities of the back and forth between Attorney General Session’s offices and the states. It’ll be running a few more episodes, if not seasons before it all comes to a close. Let’s hope it doesn’t all end like 80’s soap favorite, Dynasty.

 

The ramp up to California’s fully regulated market is moving up the gearbox, out of 2nd gear into 3rd. City by city and county by county the issues are being hashed out and although some communities are deciding production facilities and dispensaries aren’t for them it does look like the majority will somehow integrate the sector into their local economies.

 

Banking solutions in cannabis industry have been a major bugbear, evidenced recently by tremors being felt as far away as Uruguay with local banks saying they won’t deal with government sanctioned dispensaries because US financial institutions in turn fear prosecution under both US & international regulations. Now we’re seeing a swathe of crypto currency solutions although we see success far more likely from an organization like Colorado founded institution  Alliance Financial Network , a FinCEN registered financial institution and their network  designed to operate with highly regulated industries.

 

In the legal sector we see more Am Law 200 firms creating regulated cannabis practices. The next six months will be very interesting for state based boutiques. Will they be acquired by the bigger firms or will the bigger practices just help themselves to the best and the brightest? The multi state boutiques have already been through the process incorporating many solo practitioners in 2017. We’ll be keeping a close eye on Am Law 200 activity over the next quarter and especially so in California.

 

Internationally there’s lots of talk of regulated medical cannabis markets capped with the usual growing pains of supply & demand issues, political blowback & the process of educating the medical profession that cannabis based medicines may in fact be a positive addition to their arsenal of pharmaceutical tools.

 

Thankyou for reading Cannabis Law Journal
If you’d like to contribute to the next edition please don’t hesitate to get in touch with us via our contact form.
Sean Hocking
Editor

Top 200 Cannabis Lawyers

Cannabis Law Journal – Editorial Board Members

Editor – Sean Hocking

Author Bios

Canada
Matt Maurer – Minden Gross
Jeff Hergot – Wildboer Dellelce LLP

Costa Rica
Tim Morales – The Cannabis Industry Association Costa Rica

Nicaragua
Elvin Rodríguez Fabilena

USA

General
Julie Godard
Carl L Rowley -Thompson Coburn LLP

Arizona
Jerry Chesler – Chesler Consulting

California
Ian Stewart – Wilson Elser Moskowitz Edelman & Dicker LLP
Otis Felder – Wilson Elser Moskowitz Edelman & Dicker LLP
Lance Rogers – Greenspoon Marder – San Diego
Jessica McElfresh -McElfresh Law – San Diego
Tracy Gallegos – Partner – Fox Rothschild

Colorado
Adam Detsky – Knight Nicastro
Dave Rodman – Dave Rodman Law Group
Peter Fendel – CMR Real Estate Network
Nate Reed – CMR Real Estate Network

Florida
Matthew Ginder – Greenspoon Marder
David C. Kotler – Cohen Kotler

Illinois
William Bogot – Fox Rothschild

Massachusetts
Valerio Romano, Attorney – VGR Law Firm, PC

Nevada
Neal Gidvani – Snr Assoc: Greenspoon Marder
Phillip Silvestri – Snr Assoc: Greenspoon Marder

Tracy Gallegos – Associate Fox Rothschild

New Jersey

Matthew G. Miller – MG Miller Intellectual Property Law LLC
Daniel T. McKillop – Scarinci Hollenbeck, LLC

New York
Gregory J. Ryan, Esq. Tesser, Ryan & Rochman, LLP
Tim Nolen Tesser, Ryan & Rochman, LLP
Cadwalader, Wickersham & Taft LLP

Oregon
Paul Loney & Kristie Cromwell – Loney Law Group
William Stewart – Half Baked Labs

Pennsylvania
Andrew B. Sacks – Managing Partner Sacks Weston Diamond
William Roark – Principal Hamburg, Rubin, Mullin, Maxwell & Lupin
Joshua Horn – Partner Fox Rothschild

Washington DC
Teddy Eynon – Partner Fox Rothschild