ERCOT, Market Participants, and Bitcoin Miners Become Acquainted at Second Task Force Meeting

ERCOT began the event by providing a detailed overview of its interim interconnection process that it hopes to turn into a long-term and permanent process in the future. ERCOT also provided an overview of the various load resources in the ERCOT market and explained the difference between controllable load resources, non-controllable load resources, and aggregate […]

Don’t Tell Me This Town Ain’t Got No Heart: Mississippi’s Attorney General Opines on a City’s …

What promises to be the first of a litany of legal interpretations of the new Mississippi Medical Cannabis Act , Attorney General Lynn Fitch released an official attorney general’s opinion on April 15, 2022, regarding the scope of a municipality’s ability to locally regulate medical cannabis establishment operations through zoning or ordinances. Evaluating the text […]

UPDATE: Massachusetts Senate Passes Bill Which Will Make Major Changes to Cannabis …

In the initial version of the bill, all operating marijuana establishments and treatment centers would have been required to immediately renegotiate their existing HCAs to comply with the new requirements under the bill. The bill has moved to the House of Representatives for further consideration. This website uses cookies to improve user experience, track anonymous […]

Navigating the Cannabis Fog: Litigation Ensues Over Legality of Delta-8 and Delta-10 – JD Supra

As we have previously covered here, the Agriculture Improvement Act of 2018, commonly referred to as the 2018 Farm Bill, effectively federally legalized any products derived from the plant Cannabis sativa L and containing no more than 0.3% Delta-9 THC. The companies’ argument is that these products are legal as long as they meet the […]

Cannabis Goes to the Metaverse, Creating New Opportunities and Business Questions – JD Supra

Following in the footsteps of Californians, Coloradoans, Arizonans, and Bay Staters, denizens of the Metaverse can now step inside a cannabis dispensary and purchase cannabis products. However, as the tenor of state and federal law slowly shifts towards legalization, more states may become markets for cannabis products – and the brands already known to purchasers, […]

Cannabis and the Environment: Seven Significant Side-Effects | Clark Hill PLC – JDSupra

Cannabis businesses that are ill-prepared for these regulatory requirements risk facing litigation, enforcement actions, fines or penalties, and negative publicity, while those taking a proactive approach to compliance may find opportunities to mitigate and even monetize those risks. While pesticides are heavily regulated, including under the Federal Insecticide, Fungicide, and Rodenticide Act has a document […]

Cannabis Licenses in Illinois: Could Hopeful Social Equity Applicants See Relief Soon? – JD Supra

The 2019 Cannabis Regulation and Tax Act provided the authority for the Illinois Department of Agriculture to issue additional adult-use craft grower, infuser, transporter, and dispensary licenses. The state of Illinois had initially planned to issue up to 60 new craft grower licenses on December 21, 2021, pursuant to the licensing application process developed by […]

UPDATE: Cannabis Legalization on the Ballot in Maryland This November – JD Supra

The Maryland Senate has now approved legislation that puts a referendum before voters this November on whether Maryland should legalize adult-use cannabis and begin implementing a regulatory framework if the ballot question is approved. Six months later, on July 1, possession of up to 1.5 ounces would become legal for all adults over the age […]

The Deduction of Cannabis Business Expenses Following New York’s 2023 Budget – JD Supra

In fact, it is the largest spending bill ever to have been enacted by Albany. Of course, as is often the case, the Budget also contains other measures that are more industry specific. To date, the arguments proffered by cannabis businesses and their owners have not been successful. However, the economic impact of the Federal […]

Canadian Budget Proposes New Investment Tax Credit For Carbon Capture, Utilization and Storage

Following Canada’s announcement of its 2030 Emissions Reduction Plan on March 29, 2022, for achieving a net-zero economy by 2050, the Budget establishes a refundable investment tax credit for Carbon Capture, Utilization and Storage beginning in 2022. The CCUS Tax Credit incentivizes the expansion of CCUS technologies to reduce emissions in high-emitting sectors. Eligible equipment […]

[Webinar] Legislative Update: Cannabis, COVID-19, COMAR and More – April 27th, 12:00 pm

Troese to discuss the impact on workers’ compensation practice and exposure given recent developments in Maryland regulations, COVID-19 cases and presumptions, as well as key cases. This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. …Read the full story

Will the Senate Take Bold Action on Climate Change? | (ACOEL) – JD Supra

Widespread weather disasters worsened by climate change are already causing severe human hardship and billions of dollars in damage in our country. That’s why the bipartisan legislation provides only an estimated 9% of the carbon emission reductions needed to meet the President’s announced goals for 2030 according to the analysis of Princeton University’s REPEAT scenario […]

Cannabis Client Alert – Week of April 8, 2022 | Dentons – JDSupra

If passed, The Marijuana Opportunity Reinvestment and Expungement Act, or “MORE Act,” would, among other things, authorize a tax on cannabis and cannabis products; require expungement and resentencing hearings for prior cannabis-related convictions; and fund grant programs geared toward job training, legal aid, substance abuse treatment and small business loans. House Passes Bipartisan Marijuana Research […]

Environment, Health & Safety (EHS) Audit: How Cannabis Businesses Can Prepare – JD Supra

Although the best preparation for an audit is yearly preparation, there are some ways you can prepare right before the audit. Internal audits allow your business to ensure compliance with many different EHS regulations that protect workers as well as the surrounding land and community. Lastly, and perhaps most importantly, having a consistent audit schedule […]

With Positive Momentum Comes Setbacks in the Medical Cannabis Environment in Mississippi

Yesterday, the Mississippi Department of Health made two announcements that show the MDOH and state are trucking right along towards having an active medical cannabis program in place by the June and July deadlines contained in the Medical Cannabis Act. We are watching this closely, along with the efforts underway across the state to gather […]

SEC Proposes Enhanced and Standardized Climate-Related Disclosure Rules – JD Supra

Securities and Exchange Commission  proposed enhanced and standardized climate-related disclosure rules to require disclosure of climate-related information in registration statements, annual reports, and the audited financial statements filed with the SEC, by both domestic registrants and foreign private issuers. Under the proposed rules, the following climate-related disclosures would be required in a separately captioned “Climate-Related Disclosure” […]

Investing in State Law Compliant Cannabis Businesses: Part 1 – Getting Started | Clark Hill …

The legal cannabis industry has been developing for years, but it is still difficult even for sophisticated investors to know where to start when thinking about investing in the cannabis industry. As with any potential investment category, it is virtually impossible to list all the relevant issues that an astute investor should understand before making […]