Dentons

Investors in the cannabis sector are closely watching the potential rescheduling of cannabis by the DEA—a decision that could reshape the industry and unlock significant tax relief. As experts at a recent webinar discussed, the path forward hinges on a key Administrative Law Judge (ALJ) hearing...

As the cannabis law in South Africa further develops, there will be more opportunities for law firms to get involved, says Paul-Michael Keichel, a lawyer with South Africa's Cullinan & Associates. Why? On May 28th. South African President Cyril Ramaphosa signed into law the Cannabis for Private...

Equity research firm Zuanic & Associates convened a panel in mid-June featuring industry experts to dissect the ongoing cannabis rescheduling efforts in the US. They provided a comprehensive outlook on the rescheduling process, expected to conclude with the publication of the Final Rule in the...

One of the most discussed concepts in the cannabis industry is diversification—a strategy discussed in depth during a panel on the first day of the Benzinga Cannabis Capital Conference in Florida.  Moderated by Amy Rubenstein, partner at Dentons, the panel gathered industry experts to dissect...

In a bold stance on U.S. cannabis policy, Vice President Kamala Harris is urging the Drug Enforcement Administration (DEA) to accelerate the process of rescheduling marijuana under the Controlled Substances Act. Speaking at a recent White House meeting with individuals who received pardons for...

In a pivotal moment for the American cannabis sector, the U.S. Department of Health and Human Services (HHS) has proposed a reclassification of cannabis to the DEA. This could shift cannabis from its current Schedule I status, bringing potential upheaval in the perception and market dynamics of the...

Despite projections pointing towards short-term capital market struggles fueled by stalled reform, most in the cannabis industry remain optimistic that the market and regulations will align to provide a beneficial long-term. Short-term Market and Regulatory Struggles Don’t Dampen Optimism...

Cannabis companies continue to face restrictions on most national exchanges. Special-purpose acquisition companies (SPACs) help fill the funding void. These types of deals are occurring more often as a less costly and more efficient go-public strategy. Recall in ...

Cannabis reform efforts recently took a substantial step forward when the U.S. House of Representatives announced plans to vote on the Marijuana Opportunity Reinvestment and Expungement (MORE) Act during this September's legislative work period. The vote, while unlikely to pass through Congress...

Canada and the U.S. currently generate a majority of the cannabis industry’s revenue. While both countries are significant factors as the market matures, other nations will take up a share as well. For example, Mexico, New Zealand and several other countries are considering adult use...

On Jan. 1, 2020, Illinois became the 11th U.S. state to begin adult use cannabis sales. In doing so, Illinois became the latest to serve as an example of how state's fair after expanding to include adult use sales. The Priorities For Cannabis In Illinois While most agree that it is too early to...