Bricker Graydon: The Possible Demise of 280E in the World of Cannabis
AUTHOR Steve Smith The Internal Revenue Code, 26 U.S. Code §280E, is the bane of any business associated with the “trafficking” of Schedule I or Schedule II controlled substances. It states that “No deduction or credit shall be allowed for any amount paid or...
Harris Sliwoski: Oregon Cannabis: The OLCC License as Security
Author: Vince Sliwoski Can a creditor, landlord or other third party take a security interest in an OLCC license? Can an OLCC licensee collateralize or pledge its license– as if that license were personal property, and not just a permission conferred by the...
Sheppard Mullin: United Cannabis Corporation v. Pure Hemp Collective Inc.
By Samantha Young on October 17, 2023 This case addresses whether attorney’s fees are warranted due to an inequitable conduct and conflict of interest defense. Background UCANN filed suit in the District of Colorado in July 2018, accusing Pure Hemp of...
mcglinchey: Is THCA Legal? The State Line is the Bottom Line
Published at JD Supra Author: Heidi Urness Tetrahydrocannabinolic acid (THCA) is one of the most misunderstood and controversial cannabinoids in the Cannabis sativa (cannabis) plant. While booming in popularity, THCA is also a high-risk cannabinoid from a legal...
Troutman Pepper: Colorado’s Excise Taxes on Recreational Marijuana: A Revenue Boon for the State That Disadvantages Vertically Integrated Cannabis Operations
Since its first recreational marijuana dispensary opened in 2014, Colorado has been at the forefront of the burgeoning adult-use cannabis industry, setting a precedent for other states considering the legalization of recreational marijuana, and reaping significant tax...Top 200 Cannabis Lawyers
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