Vicente LLP Federal and International Cannabis and Psychedelics Law and Policy Update: November 2023
Nov 10, 2023
Federal and international law and policy insights, news and events from Vicente LLP.
International Transactions
Cross-border transactions are becoming increasingly common in today's globalized economy, and the cannabis industry is no exception. Vicente LLP uses its deep-rooted understanding of the marijuana and hemp space to provide clients with the local and international advice they need to close deals across borders, currencies, and cultures.
The international cannabis policy landscape is shifting quickly. At least 30 countries have legalized some form of medical cannabis, and several have legalized cannabis for adult use. Vicente LLP tracks these developments closely, and we have assisted government officials and organizations around the world with their development of cannabis policies. We employ a cross-disciplinary approach that borrows from several of our firm’s practice areas — including corporate, government and policy, hemp and cannabinoids, banking and financial, licensing, and regulatory compliance — to help businesses and investors successfully engage in a variety of cross-border transactions.
Service
- Assisting international investors in assessing the state and federal laws applying to domestic hemp and cannabis investments
- Advising U.S. investors on the U.S. legal implications of foreign cannabis investments
- Advising international companies on what products can be sold legally in the U.S.
- Providing U.S. law opinions for Canadian exchanges
- Facilitating introductions to customs brokers and other import/export professionals
- Facilitating introductions to lawyers in international jurisdictions
Experience
- Assisted a family office with due diligence on a Latin American cannabis investment and understanding the U.S. legal implications of such an investment
- Assisted several Canadian public companies, including DionyMed, TILT Holdings, iAnthus, and Harvest, on investments in the U.S.
- Advised numerous international investors on ownership and residency restrictions for cannabis businesses across several U.S. jurisdictions
- Advised numerous U.S. CBD companies on the legal issues involved in the import and export of their products
- Advised a Latin American cannabis company on the import and sale of CBD products in the U.S.
- Advised an Israeli investment group regarding legal issues with U.S. cannabis investments, including regulatory compliance across several states
- Acted as local regulatory counsel to numerous international law firms
- Provided several regulatory opinions to a Canadian listed company seeking exchange approval for certain U.S. hemp activities
People
News
Top Five Countries to Watch for International Cannabis Reform in 2024
By Jason Adelstone
Nov 6, 2023
While the cannabis industry in the United States awaits a marijuana scheduling decision from the DEA, many countries around the world continue to move forward with liberalizing their cannabis policies as a superior method of promoting the health and welfare of their citizens. In this blog post, we’ll take a closer look at five countries poised to make waves in the cannabis landscape in 2024, including Germany, Thailand, Colombia, the Czech Republic, and Switzerland.
[Webinar] Identifying International Cannabis Opportunities in Europe
Oct 26, 2023
This recorded session features members of Vicente LLP’s Federal and International Law and Policy practice group and London cannabis attorney Robert Jappie of Fieldfisher sharing insights into what’s happening with cannabis and hemp-derived cannabinoids across the pond and opportunities for US operators and investors.
Seven Regulatory-related Factors for Marijuana Companies to Consider in a Debt Transaction
By Charles Alovisetti
Jan 25, 2021
Like anything in the cannabis industry, getting a debt deal done requires navigating unique regulatory challenges. Here are seven regulatory considerations that cannabis borrowers and lenders should keep in mind when pursuing a debt transaction.
Raising Private Capital in the Cannabis Industry
By Charles Alovisetti, Elliot Choi, Sahar Ayinehsazian
Sep 18, 2020
Raising private capital continues to be a challenge for the nascent cannabis industry, but there are proactive steps companies can take to maximize the chance of a successful raise.