On July 31, 2024, Minnesota’s Office of Cannabis Management published its First Draft of Proposed Cannabis Rules. The proposed rules are not binding; rather, they are being published to solicit feedback from Minnesotans on each proposed rule. According to the OCM, the proposed rules “reflect a desire to construct a regulatory environment that (1) focuses
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IRS Issues New Guidance for Cannabis Companies That Receive Over $10K in Cash
The IRS’s Office of Chief Counsel recently published a memorandum providing information for cannabis companies struggling to comply with the completion of Form 8300, which must be filed every time a company receives a cash payment over $10,000. The memorandum was issued in response to a series of questions from Bank Secrecy Act examiners working
Minnesota Regulatory Update
Sahan Journal reports, after discussion with the Minnesota Office of Cannabis Management, that the “preliminary rules are expected to be published at the end of 2024, followed by a 30-day public comment period. Then, the office expects to adopt the rules in spring 2025.” This is a much-extended timeline than previously offered by the
Minnesota asks for Initial Comments
Minnesota has asked interested parties to give initial regulatory comments around cultivation, processing and manufacturing cannabis products. You can access the survey here. The survey is available through November 30.
This survey is intended to gather information and is not asking for comments on any particular regulation. However, it may be helpful for licensees
Primer on Cannabis Trademark Law and How Rescheduling Could Change the State of the Law
With more individuals and businesses entering the cannabis sector, there has been an increased interest in what kind of trademark protections a cannabis business can obtain. This article seeks to briefly cover what in the cannabis industry can and cannot be federally trademarked and where the laws are heading.
General Overview
Although more and
Minnesota Enforcement – Delete your Word Comments
MPR News published an engaging article on recent enforcement from the Minnesota Pharmacy Board on the sale of hemp edibles with a cautionary reminder for attorneys to delete your Microsoft Word comments. Expect more enforcement as the Office of Cannabis Management is set up and hires.
Minnesota Legislature Approves Adult-Use Cannabis Regime; Governor says he will sign
On Friday, May 19, 2023, Minnesota’s Senate approved the negotiated and final version of Minnesota’s new adult-use cannabis regime.
Here is the full bill: HF 100 12th Engrossment – 93rd Legislature (2023 – 2024) (mn.gov), which becomes effective on August 1, 2023. Governor Tim Walz has said he will sign the bill.
Minnesota Recreational Cannabis Bill Passes Conference Committee; Final Approval Likely Imminent
Late Tuesday night, on May 16, 2023, a House-Senate conference committee issued its approval and published an updated version of the Minnesota Adult-Use Recreational Cannabis Bill. A final vote on the bill could happen any day, with the end of the legislative session on Monday, May 22, 2023 looming. Following final approval by the Minnesota
Minnesota Senate Passes Adult-Use Recreational Cannabis Bill
Yesterday, April 28, the Minnesota Senate passed H.F. 100, the Minnesota House bill establishing an adult-use recreational cannabis regime, but with several amendments. The Minnesota Senate and House will now meet in conference to negotiate the differences in the bill. Some of those key differences are on local control (the Senate approved permitting local
Minnesota House of Representatives Passes Adult-Use Recreational Cannabis Bill
Yesterday, on April 25, 2023, the Minnesota House of Representatives voted to legalize the adult use of recreational cannabis. The bill, which has been in the works since the start of this legislative session, was passed by a vote of 71-59.
Following the House’s vote to pass the bill, the Senate is primed to