Sunday, April 19, 2015

Cutting Through The Haze Of Securities Laws And Marijuana – Above the Law

March 23, 2015 by · Leave a Comment 

Cutting Through The Haze Of Securities Laws And MarijuanaAbove the LawCapitalization of cannabis businesses still comes primarily from friends and family rather than from institutional investors. This happens in part because the federal Controlled Substances Act can lead to criminal liability for investors financing …

US: OPED: Federal Anti-Drug Law Goes Up In Smoke

December 28, 2014 by · Leave a Comment 

Wall Street Journal, 29 Dec 2014 – Irate about harmful spillover from Colorado’s marijuana legalization, two neighboring states sue to overturn it. The attorneys general of Nebraska and Oklahoma have asked the Supreme Court to declare unconstitutional Colorado’s law legalizing marijuana. The lawsuit states that, "The Constitution and the federal anti-drug laws do not permit the development of a patchwork of state and local pro-drug policies and licensed-distribution schemes throughout the country which conflict with federal laws." Many conservatives have criticized Nebraska and Oklahoma for being "fair-weather federalists" because their claims hinge, in part, on Gonzales v. Raich, a 2005 Supreme Court decision, upholding the broad reach of Congress’s power to regulate commerce.

Feds seize six properties, $700,000 in most recent Texas synthetic weed bust

June 24, 2014 by · Leave a Comment 

Our partners at the Dallas Observer discuss how popular synthetic weed used to be in Abilene, Texas: For a thankfully brief period in the mid-aughts, I lived in Abilene. Having experienced it i…

Marijuana Water Wars

May 26, 2014 by · Leave a Comment 

Cannabis cultivation is emerging as an issue in the American West's interminable conflicts over control of water. On May 20, the US Bureau of Reclamation (BuRec), which supplies irrigation districts across the western states, issued a policy memo saying its water may …

Feds threaten to cut off water for cannabis and hemp growing in Washington, Colorado

May 19, 2014 by · Leave a Comment 

Water is as precious as gold in the West, so the saying goes. The wet stuff could become even more valuable soon for marijuana producers as federal officials mull whether or not to cut off irri…

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