As expected, on August 1, the Colorado Marijuana Enforcement Division (the “MED”) adopted emergency rules (the “August Emergency Rules”) to begin implementing HB19-1090,  “Concerning Measures to Allow Greater Investment Flexibility in Marijuana Businesses” (the “Bill”). The Bill permits certain … Read more about HB-1090 Implementation on Schedule

Cannabidiol (“CBD”) products have garnered unprecedented levels of market interest following the Agriculture Improvement Act of 2018 (“2018 Farm Bill”). Indeed, even though the Food and Drug Administration (“FDA”) still considers ingestible CBD consumer products to be prohibited – the drug Epidiolex … Read more about New Data Projects Decrease in CBD Prices

Earlier this month, a slide deck given by the US Internal Revenue Service (“IRS”) Criminal Investigation division became widely available via a taxation professional’s Twitter. Comprised of nearly 180 slides, the document claims to lay the framework for an IRS crackdown on bitcoin tax evasion by … Read more about Presentation Suggests IRS Plan to Investigate Bitcoin Activity

We have seen several scams like this over the years and they always result in at least one or two panicked/angry calls from some clients. It seems that there will always be an unethical actor willing to utilize fear tactics or capitalize on the frenzied time constraints of the small business owner … Read more about Bogus Flyers Target Small Business Owners in Colorado

Given all the excitement and anticipation regarding the implementation of HB-1090, the Marijuana Enforcement Division (the “MED”) recently posted a rough timeline on the subject in an attempt to manage expectations for stakeholders and prospective investors. Many people are excited by the new … Read more about House Bill 19-1090 Implementation Timeline

Voters in Denver, continued to lead the country in the arena of drug policy reform when they voted to make Denver the first city in the USA to effectively decriminalize psilocybin mushrooms. Ordinance 301, or the Denver Psilocybin Mushroom Initiative was approved by a narrow margin of 50.5% in favor … Read more about Denver and Oakland Become the First Cities to Effectively Decriminalize Psilocybin Mushrooms

This month, the National Football League (“NFL”) announced that it, along with the National Football League Players Association (“NFLPA”), will be investigating the medicinal potential of cannabis and cannabinoids – such as cannabidiol (“CBD”) - as alternative pain management treatments. In the … Read more about NFL Announces Research into Cannabis Pain Management

The U.S. Alcohol and Tobacco Tax and Trade Bureau ("TTB") has joined the discussion regarding the legality of hemp and hemp-derived additives in consumable items. In a bureau-wide bulletin, the agency addressed wineries, distilleries, breweries, and importers hoping to add ingredients like … Read more about TTB Rejects Use of CBD in Alcohol Beverages