Cannabis and the Legal Industry: New Rules, New Risks, New Opportunities
The state-by-state legalization of marijuana for medical and recreational use has created a complicated legal landscape—and with it new demands for lawyers to responsibly advise cannabis clients and companies in adjacent industries. This special report features Law.com's in-depth coverage of emerging legal issues, key regulatory developments, and the lawyers who are helping to shape a new industry.
Legality of Hemp-Derived CBD: Use the C for Caution
For the businesses that wish to push forward on this uncertain landscape, cautious and strategic marketing may be the best—although not risk free—course of action.
Seven months ago, Congress enacted the Agriculture Improvement Act of 2018 (the 2018 Farm Bill). Although referred to as a farm bill, the implications for America beyond the farming community are significant. Most notably, as a consequence of the 2018 Farm Bill, hemp is no longer a controlled substance. But the fact that hemp is no longer a controlled substance does not take products that contain it out of federal regulation. The Food and Drug Administration (FDA) has regulated, and for the foreseeable future will continue to regulate, how these products can be marketed.
The FDA does not currently have an established policy for products that contain hemp beyond its standard policies for addressing foods and drugs that are marketed to consumers. Mindful that there has been a recent proliferation of these type of products and states have been encouraging companies to bring these products to market, the FDA is now soliciting comments on how to treat products that contain hemp. However, the enactment of the 2018 Farm Bill did not halt the FDA’s practice of issuing warning letters to companies that it believes are improperly marketing their products in contravention of the Food, Drug, and Cosmetic Act (FD&C Act).
More from ALM
Explore challenges, trends, and best practices discussed by over 70 ediscovery, compliance, and information governance professionals from around the globe.
With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
From Data to Decisions
Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends.
Exclusive Depth and Reach.
Legal Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALM’s deep bench of proprietary information to provide insights that can’t be found anywhere else.
Big Pictures and Fine Details
Legal Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms’ financials, staffing, clients, news and events.
Corporate Counsel Forum Africa 2019
September 05, 2019
Unites leading general counsel to discuss, debate and deliver vital insights into the changing dynamic of the African legal market
African Legal Awards 2019
September 06, 2019
Recognising exceptional achievement from within Africa s legal community while the legal sector is going through rapid change.
30th Annual Canadian Airline Investment Forum
September 12, 2019 - September 13, 2019
Senior executives from Airlines, Aircraft Manufacturers, and Financial Institutions converge to discuss the newest strategies.
When Mediation Makes Sense – Preserving the Business Relationship (From the Perspective of a Corporate Lawyer)
Sponsored by: NAM (National Arbitration and Mediation) |
Webcast Date: Thursday, December 12, 2019 | **EARN CLE FOR THIS EVENT** | Join this webcast, and earn 1.0 CLE credit (General Skills)*, Join this webcast for insight into the mediation process and how it can be leveraged to resolve disputes and retain business relationships.
BROUGHT TO YOU BY: LEGALWEEK 2020 AND LEGALWEEK 365 |
Date: Thursday, September 19, 2019 Time: 2:00 pm ET |11 am PT Cost: Complimentary Today, organizations have more data at their disposal than…
Sponsored By: Martindale - Avvo |
How do consumers choose their lawyers? What kind of research do they muddle through before making an informed decision? In a world of unlimited resources, your law firm needs to stand out.
IN-HOUSE/SENOR LEGAL DIRECTOR
Boston, Massachusetts, United States
Innovative, early stage cell therapy company seeks first in-house counsel for wide-ranging role, managing all IP matters and research collab...Apply Now ›
Health Care Attorney
Long Island, New York, United States
Premier Nassau firm will pay NYC salary for a health care associate with a sophisticated regulatory and compliance, corporate transactional ...Apply Now ›
Bergen County, New Jersey, United States
Premier Bergen firm will pay NYC salary for an experienced corporate attorney with sophisticated general transactional experience and excell...Apply Now ›
STEELE LAW GROUP, PLLC,
Steele Law Group, PLLC, will be holding an open house at the chase tower & rice hotelView Announcement ›
LAWYERS OF DISTINCTION
LAWYERS OF DISTINCTION is please to annouce thatView Announcement ›
CORRADINO & PAPA LLC
Corradino & Papa, LLC are pleased to Annouce that JOSEPH A. DEFURIA, MICHAEL R. SUCIC & TIMOTHY J. FONSECA have become partners in the FirmView Announcement ›
ALM Legal Publication Newsletters
Sign Up Today and Never Miss Another Story.
As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.