Bankruptcy Alternatives for the Cannabis Industry

Of its many tragic consequences, COVID-19 has left a significant mark on the global economy as it pressures thousands of businesses to temporarily – if not permanently – shut their doors. April data from the American Bankruptcy Institute suggested a 26% increase in Chapter 11 filings from 2019.1 … Read more about Bankruptcy Alternatives for the Cannabis Industry

Lawmakers Work to Include SAFE Banking Act Provisions in Next Stimulus Bill

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

Firm Q&A: COVID’s Impact

COVID-19 has permeated virtually every aspect of our daily society, affecting millions of people and businesses across the country, and countless others overseas. In light of the impact of COVID19 and the confusion about the various aid and stimulus packages offered by the federal government, The … Read more about Firm Q&A: COVID’s Impact

Firm Notice Regarding COVID-19

The Attorneys and staff at The Rodman Law Group (“RLG”) have been carefully monitoring novel coronavirus (“COVID-19”) and its effect on the economy in general and our clients in particular. The following is a non-exhaustive aggregation of information that may be of importance during this pandemic. … Read more about Firm Notice Regarding COVID-19

Update on California Cannabis Products

On January 3, 2020, the California Office of Environmental Health Hazard Assessment (OEHHA) released a revised list of chemicals classified under the Safe Drinking Water and Toxic Enforcement Act of 1986 (“Prop 65”). The revised list includes delta-9 tetrahydrocannabinol (“THC”). Rumors that … Read more about Update on California Cannabis Products

SAFE Banking Act Passes in the House

  Late Wednesday, the U.S. House of Representatives passed the first-ever self-contained cannabis bill, clearing H.R.1595 – or the  Secure And Fair Enforcement Banking Act of 2019 (“SAFE Banking Act”) – in a bipartisan 321-103 vote. Introduced by Colorado Representative Ed Perlmutter (D) … Read more about SAFE Banking Act Passes in the House