Insights

Natural Medicine Advisory Bulletin 14

By Vicente LLP, Psychedelic Alpha
Oct 24, 2024

Vicente LLP looks at big-picture questions as the program hurtles towards launch. First up are fees and rule changes, before the firm reviews Natural Medicine-related meetings since our last Bulletin in late August.

Hemp-Derived THC Products in California: Overview of U.S. Hemp Roundtable et al. v. California Department of Public Health et al.

By Juliana Todeschi and Shawn Hauser
Oct 24, 2024

In late September, several hemp industry businesses and the U.S. Hemp Roundtable trade group filed a lawsuit against the California Department of Public Health to overturn the new California emergency regulations banning hemp-derived products containing any “detectable” amount of THC. Learn more about the emergency regulations and the lawsuit affecting the future of hemp-derived THC products in California.

Cannabis Business Licensing Opportunities in the U.S. Virgin Islands

By Colleen Mitchell
Oct 11, 2024

The U.S. Virgin Islands is anticipated to open a highly competitive, merit-based licensing process sometime in December 2024. From understanding residency requirements and application deadlines to preparing essential documents like business plans and financial statements, those interested in securing a cannabis license in the Virgin Islands should be fully prepared to successfully navigate the upcoming application process when applications open. Read this Insights post for more information on application requirements for cultivators, manufacturers, dispensaries, testing facilities, adult-use lounge permits, cannabis use and temporary use permits, on-site consumption permits, and micro-cultivation permits.

Raising Capital for Maryland Social Equity Cannabis Businesses

By Charles Alovisetti, Elena Markos
Sep 27, 2024

Maryland recently awarded cannabis business licenses to social equity applicants. If you were one of the lucky lottery winners, now it’s time to focus on raising money for your business. Read this insight for essential considerations around raising capital for Maryland social equity cannabis licensees.