The Secure And Fair Enforcement Banking Act (“SAFE Banking Act”) passed the U.S. House of Representatives by a vote of 321-103 in September 2019, but it stalled in the U.S. Senate. Due to COVID-19, it would appear that at least some of its provisions are being revisited by Congress. To recap, the … Read more about Lawmakers Work to Include SAFE Banking Act Provisions in Next Stimulus Bill

On Monday, April 6, GW Pharmaceuticals revealed that the company had received notice from the U.S. Drug Enforcement Administration (“DEA”) stating that its drug Epidiolex was no longer subject to the requirements of the Controlled Substances Act (“CSA”). In a company release announcing the agency … Read more about DEA Removes CBD from Controlled Substances Act

  Over the autumn of 2019, a group of researchers out of Toronto announced findings from a study conducted to determine the impact and residual effects of cannabis use on drivers. The study, included in the December issue Drug and Alcohol Dependence, an international journal devoted to … Read more about Canadian Study Assesses THC Residual Effects on Driving

On September 30, the U.S. Securities and Exchange Commission (the “SEC”) announced the settlement of a $24 million penalty with blockchain company Block.one, as a result of the company’s recent unregistered initial coin offering (“ICO”). In the press release, SEC officials detail the unlisted ICO, … Read more about Block.one to Pay $24 million SEC Penalty

The Food and Drug Administration (“FDA”) has recently set guidelines on an increasingly common medical treatment: fecal microbiota transplants, or FMTs. The recent announcement comes after a patient died in June after receiving an FMT that contained drug-resistant bacteria.1 Unfortunately, up until … Read more about New Screening Guidelines for Fecal Transplants Could Save Lives

Last week, Banco Santander, S.A. (d/b/a Santander Group) revealed that the multinational bank has initiated a complete end-to-end blockchain bond, issuing and settling the bond using public blockchain technology. One of the first of its kind, Santander claims that the successful end-to-end … Read more about Santander Unveils New Blockchain Bond Initiative

September 10, 2019, the U.S. Federal Trade Commission (“FTC”) issued a news release announcing the recent distribution of warning letters to three companies advertising cannabidiol (“CBD”) products as a medical treatment option for a range of various illnesses. Cautioning that such unsubstantiated … Read more about Recent FTC Warning Letters Target CBD Medical Claims