Insights

Colorado Psychedelics Program: Natural Medicine Advisory Bulletin 14

By Vicente LLP, Psychedelic Alpha
Oct 24, 2024

Having completed the initial rulemaking push in July, Colorado regulators are putting the finishing touches on the state’s regulated Natural Medicine program by fine-tuning rules and setting fees. Since Bulletin 13, The Department of Revenue’s Natural Medicine Division released proposed fees for Natural Medicine Businesses. The Department of Regulatory Agencies’ Office of Natural Medicine Licensure recently published proposed revisions to rules related to facilitator licensing and training. Simultaneously, the Natural Medicine Advisory Board, its subcommittees, and the Federally Recognized American Tribes and Indigenous Community Working Group continue to grapple with remaining issues, old and new. In this Bulletin, we first look at big-picture questions such as fees and rule changes. Then, we’ll look at what each group has been working on since the last update.

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.

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.

New Jersey Passes Law to Regulate ‘Intoxicating Hemp Products’

By Sarah Grande, Andrea Golan, Shawn Hauser
Sep 23, 2024

New Jersey is the latest state to regulate “intoxicating hemp products,” with an immediate ban on the sale of products with any detectable amount of THC to individuals under 21 years of age and only allows such products to be sold in state-licensed cannabis businesses. The new law will permit liquor stores licensed by the Cannabis Regulatory Commission to sell intoxicating hemp beverages once those regulations are adopted.