Even if your company is not preparing for an acquisition, the company should always be acquisition ready. What that essentially means is: (1) the company should always be mindful of de-risking and mindful of its corporate affairs: the company should be clean and clear from a corporate legal perspective and risk perspective; and (2) the company should have a business
The County of Mendocino recently adopted a comprehensive cannabis “expansion” ordinance that made sweeping changes to, among other things, the County’s commercial cannabis cultivation regulations. Mendocino County’s cannabis cultivation ordinance (the Commercial Cannabis Activity Land Use Development Ordinance, Chapter 22.18 of the Mendocino County Code) was set to go into effect on July 23, 2021 but is now on hold
Putting together the best team for your business is anything but simple. Starting day one you want to find the right partners, if any, to embark on a long-term journey. This doesn’t stop at seeking the right co-founder(s), if any, to join you in your endeavor. It continues into setting up the governance and control of your business in terms
Yesterday, California’s three state cannabis licensing authorities – the Bureau of Cannabis Control (BCC), CDFA’s CalCannabis Cultivation Licensing, and CDPH’s Manufactured Cannabis Safety Branch – consolidated to form the Department of Cannabis Control (the “DCC” or “Department”). The formation of the DCC and the consolidation of the three agencies is a consequence of Governor Newsom signing Assembly Bill (AB) 141.
In June of 2021, the County of Mendocino adopted Ordinance 4491, which amended Chapter 6.36 and Chapter 20.243 of the Mendocino County Code. Commonly known as the “Cannabis Facilities Ordinance”, Ordinance 4491 made changes to the rules and regulations governing commercial cannabis business uses unrelated to cannabis cultivation, in Mendocino County. How Does Mendocino County’s Cannabis Facilities Ordinance Affect Cannabis
On July 1, 2021, when the State of Virginia’s and the State of Connecticut’s cannabis legalization took effect , 18 states across the nation had legalized adult-use cannabis. With positive momentum on states legalizing recreational cannabis, as well as clear and repeated assertions from Senate Majority Leader Chuck Schumer (D-NY), it’s not farfetched to assume that nationwide legalization is on
Mendocino County’s Phase Three Cultivation Ordinance In June of 2021, Mendocino County adopted, among other things, amendments to its commercial cannabis cultivation regulations. Commonly known as the “22.18 amendments” and the “phase three cultivation ordinance”, the new regulations involve sweeping changes to the way cannabis cultivators obtain permits along with many other changes that work to streamline the County’s permitting
“Corona” is making headlines again – but this time for all the right reasons! The City of Corona, located in Riverside County, California will be opening Phase I of its commercial cannabis permit application window in just 2 weeks on April 19, 2021 at 7:00 A.M. This Application window will be the first round of potential permits offered by the
It’s time to update your marketing team of the recent changes of advertising regulations promulgated by the Bureau of Cannabis Control (“BCC”). On January 21, 2021, the BCC announced that Section 5040(b)(3) of the BCC text of regulations, which authorized billboard advertisements of cannabis products on interstate or state highways, was immediately invalid going forward. California regulators say cannabis billboards along interstate highways must come
As 2020 comes to a close, the Bureau of Cannabis Control (the “BCC” or the “Bureau”) has announced updates to the operation of the agency as we head into the new year. Bureau Chief Lori Ajax Retiring; Tamara Colson Announced as New Chief As of December 2, 2020, Chief Lori Ajax has retired from her role as the Bureau Chief
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