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Wheels Moving on Reclassification of Cannabis as AG Launches Rulemaking Process post image

Wheels Moving on Reclassification of Cannabis as AG Launches Rulemaking Process

On May 16, 2024, President Joe Biden announced that his administration is committed to reclassifying cannabis. Shortly thereafter, Attorney General Merritt Garland initiated the formal rulemaking process to move cannabis from a Schedule I to a Schedule III drug under the Controlled Substances Act (CSA). “This is monumental,” President Biden said in a video statement […]

Author: Daniel T. McKillop

Link to post with title - "Wheels Moving on Reclassification of Cannabis as AG Launches Rulemaking Process"
New York Will Allow Hemp Farmers to Start Growing Adult-Use Marijuana post image

New York Will Allow Hemp Farmers to Start Growing Adult-Use Marijuana

Eager to get its adult-use cannabis industry up and running and keep pace with neighboring New Jersey, New York is giving hemp farmers the green light to grow cannabis for the adult-use cannabis market. Eager to get its adult-use cannabis industry up and running and keep pace with neighboring New Jersey, New York is giving […]

Author: Daniel T. McKillop

Link to post with title - "New York Will Allow Hemp Farmers to Start Growing Adult-Use Marijuana"
Will DEA Proposal Put Psychedelics on the Map or Not? post image

Will DEA Proposal Put Psychedelics on the Map or Not?

The DEA is proposing a massive increase in the production quotas of cannabis, psilocin, and psilocybin (“magic mushrooms”) for research purposes, with the intent of aiding in the development of new federally approved therapeutic medications… The Drug Enforcement Administration (DEA) is proposing a massive increase in the production quotas of cannabis, psilocin, and psilocybin (“magic […]

Author: Daniel T. McKillop

Link to post with title - "Will DEA Proposal Put Psychedelics on the Map or Not?"
Medical Marijuana May Now Be Prescribed Via Telemedicine in New Jersey post image

Medical Marijuana May Now Be Prescribed Via Telemedicine in New Jersey

Telehealth has become more commonplace in response to COVID-19… Medical marijuana may now be prescribed in New Jersey via telemedicine. The regulatory change, which was prompted by the ongoing COVID-19 pandemic, is expected to further increase the number of patients participating in the New Jersey Medical Marijuana Program. COVID-19 and Telehealth Telehealth has become more […]

Author: Daniel T. McKillop

Link to post with title - "Medical Marijuana May Now Be Prescribed Via Telemedicine in New Jersey"
Key Takeaways from the US Tax Court’s Cannabis Business Deduction Decision post image

Key Takeaways from the US Tax Court’s Cannabis Business Deduction Decision

The U.S. Tax Court recently ruled that because marijuana remains illegal under federal law, cannabis businesses are prohibited from deducting business expenses pursuant to Section 280E of the Internal Revenue Code The U.S. Tax Court recently ruled that because marijuana remains illegal under federal law cannabis businesses are prohibited from deducting business expenses pursuant to […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Key Takeaways from the US Tax Court’s Cannabis Business Deduction Decision"
One Step Closer to Legalization - New York Decriminalizes Marijuana post image

One Step Closer to Legalization - New York Decriminalizes Marijuana

Gov. Andrew Cuomo Signed Legislation Which Further Decriminalizes Marijuana in the State of New York – A Significant Step Towards Legalization Gov. Andrew Cuomo recently signed legislation further decriminalizing marijuana in the State of New York. While the new law does not legalize recreational cannabis, it is a significant step towards full legalization. Like New […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "One Step Closer to Legalization - New York Decriminalizes Marijuana"
NJ Workers’ Compensation Judge Rules Claimant Entitled to Insurance Coverage for Medical Marijuana post image

NJ Workers’ Compensation Judge Rules Claimant Entitled to Insurance Coverage for Medical Marijuana

An injured municipal worker is entitled to insurance coverage for medical marijuana, according to a recent decision by a New Jersey workers’ compensation judge. In reaching its decision, the judge rejected the argument that it's unconstitutional for a court to order an insurance carrier to pay for treatment because it conflicts with federal law.

Author: Daniel T. McKillop

Link to post with title - "NJ Workers’ Compensation Judge Rules Claimant Entitled to Insurance Coverage for Medical Marijuana"
Medical Cannabis Dispensary Seeking Immunity in IRS Audit post image

Medical Cannabis Dispensary Seeking Immunity in IRS Audit

A medical cannabis dispensary in Colorado is asking the Internal Revenue Service (IRS) for immunity from federal drug prosecution before providing documents requested in a tax audit. The case highlights that the existing conflict between state and federal law can cause serious legal issues for New Jersey cannabis businesses.

Author: Daniel T. McKillop

Link to post with title - "Medical Cannabis Dispensary Seeking Immunity in IRS Audit"
Gov. Murphy Greenlights Expansion of the NJ Medical Marijuana Program post image

Gov. Murphy Greenlights Expansion of the NJ Medical Marijuana Program

Gov Phil Murphy Signs Executive Order Calling For Expansion of the NJ Medical Marijuana Program Gov. Phil Murphy recently addressed a campaign promise to make New Jersey more cannabis-friendly by signing an executive order requiring a review and expansion of the State’s medical marijuana program. NJ Medical Marijuana Program In 2010, New Jersey legalized medical […]

Author: Daniel T. McKillop

Link to post with title - "Gov. Murphy Greenlights Expansion of the NJ Medical Marijuana Program"
Can Medicinal Marijuana Help Solve the Opioid Crisis? post image

Can Medicinal Marijuana Help Solve the Opioid Crisis?

As Lawmakers & Public Health Officials Grapple With How Best to Combat the Opioid Crisis, Medical Marijuana is Emerging as a Safer Tool to Manage Pain The deadly opioid epidemic shows no signs of slowing down, despite the widespread attention it is finally receiving. At least 1,901 people died from opioid overdoses in New Jersey […]

Author: Daniel T. McKillop

Link to post with title - "Can Medicinal Marijuana Help Solve the Opioid Crisis?"
Three Bills Introduced to Legalize Recreational Cannabis in New Jersey post image

Three Bills Introduced to Legalize Recreational Cannabis in New Jersey

New Jersey Lawmakers Wasted No Time Reintroducing Three Bills To Legalize Recreational Cannabis in the State New Jersey lawmakers wasted no time, already reintroducing three marijuana legalization bills in the new legislative session. The legislation has a much greater likelihood of passage with Gov. Phil Murphy in office. Sen. Scutari Reintroduces Comprehensive Recreational Cannabis Bill […]

Author: Daniel T. McKillop

Link to post with title - "Three Bills Introduced to Legalize Recreational Cannabis in New Jersey"

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