Our Perspectives

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Stop Making Sense

From time to time we look at companies trading across the cannabis sector and whether the current prices, valuation and general support for the stock (or lack thereof) makes sense. This morning, we looked at a California-based canna business trading on the pink...

Week in Review – Week Ended January 12, 2018

On January 4, 2018, Attorney General Jeff Session announced that the Trump Administration is rescinding the Cole Memo, which creates significant uncertainty about the regulatory environment at the state level. Early Responses Bridget Hill-Zayat, Esq., of Cannabis Law...

Rep. Barbara Lee (D-California) this week introduced H.R. 4779: To protect States and individuals in states that have laws which permit the use of cannabis, and for other purposes

January 12, 2018 - Rep. Barbara Lee (D-California) this week introduced H.R. 4779: To protect States and individuals in states that have laws which permit the use of cannabis, and for other purposes. The proposed legislation has 4 cosponsors: Rep. Ed. Blumenauer...

H.R. 975 – An Answer to AG Sessions’ Move on Legal Cannabis – Picks up 9 Cosponsors

Federal Cannabis Legislation – Pipeline H.R. 975, the Respect State Marijuana Laws Act of 2017, which would amend the Controlled Substances Act to provide for a new rule regarding the application of the Act to marijuana, and for other purposes, has added 9 new...

Cannabis Stock Performance Week Ended January 5, 2018

Despite the chill put on the cannabis industry with AG Session's announcement that the Trump administration would be rescinding the safe harbor provided under the Cole Memo, cannabis stocks ended the first trading week of the year extending their frothy gains posted...

Sessions Rescinds Cole Memo – Implications

January 4, 2018 - AG Sessions has arguably moved in a direction many expected – escalating his campaign against legal cannabis by reversing the Cole Memo (see the entire memo here). Given the majority and ever-increasing number of Americans that believe, at the least,...