Three of our firm’s lawyers (two of whom are California licensed) are speaking at a seminar in Los Angeles on medical and recreational marijuana Friday, October 3. Hilary Bricken is chairing the seminar and speaking on cannabis real estate law; Robert McVay is speaking on banking and financial issues impacting California cannabis businesses and California

At 8:30 a.m. (PST) on Monday, March 3, 2014, entrepreneurs were finally able to apply online with the Oregon Health Authority for a license to run a dispensary or grow facility under House Bill 3460. Similar to other strict marijuana regimes, marijuana businesses in Oregon will now face footage requirements from sensitive uses and from each other, business registration requirements with the State, residency requirements, and other regulatory mandates relating to security and traceability. Specifically, applicants will need to submit a security plan and an inventory control system plan to the Health Authority to be eligible for a license. Having worked with hundreds of cannabis businesses in states outside of Oregon on such plans, we can tell you that they can be very complicated.
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It’s now official. On August 19, Alaska voters will be voting on whether to legalize recreational marijuana in that state. The Washington Post reports the following on this upcoming initiative:

As in Colorado and Washington state — where the substance was legalized as of the start of the year — the Alaska measure would allow adults 21 and older to own, smoke and buy the drug while also allowing individuals to grow up to six marijuana plants.
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Since HB0001 was passed by the Illinois legislature and signed into law by Governor Quinn in August last year, it has been evident that Illinois’ MMJ regime would be a highly regulated one. With the recent release of draft regulations by the departments of Revenue, Public Health, Agriculture, and Financial and Professional Regulation, we’ve learned just how tight that regulation will be. In particular, forces of supply, demand, and freedom of contract are being significantly checked.

Below is a quick rundown of how Illinois regulators will control with whom and how Illinois dispensaries and cultivation centers will do business.
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Our cannabis lawyers have been receiving phone calls lately from companies asking us about Craiglist ads offering “Retail Marijuana Licenses,” “Applications for Licensure” and “I-502 Businesses” for sale. Our response has been to run (not walk) away from any such deals, at least for now. This is our advice for many reasons.
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