Vicente LLP

“Rescheduling will definitely help… but it’s not like Bank of America is going to step into lending to cannabis as soon as rescheduling happens,” said Joseph Lustberg, CEO of Upwise Capital at the recent Benzinga Cannabis Capital Conference in Chicago. As cannabis rescheduling to...

As the cannabis industry continues its expansion across the United States, the criteria for what makes a cannabis business attractive to investors are evolving. With more states incorporating cannabis into their economies, investors are shifting their focus, treating cannabis businesses more like...

Breweries in Minneapolis now offer hemp-derived, THC-infused drinks on tap, thanks to a new Minnesota law effective July 1. This change allows taprooms to serve these drinks on tap, not only in cans, provided they display the required label information. Dan Schnabel, taproom manager at Headflyer...

Addressing the pressing cannabis crisis at Martha’s Vineyard, the Massachusetts Cannabis Control Commission (CCC) issued an administrative order permitting the first-ever maritime transport of state-legal cannabis. This groundbreaking decision resolves a lawsuit filed by Vicente LLP,...

At the recent Benzinga Cannabis Market Spotlight, the panel “Converting the Illicit Market to Legal Channels in New Jersey” took a deep dive into the complex transition from illicit cannabis operations to regulated market structures. Moderated by Chirali Patel, managing partner at Blaze...

The Drug Enforcement Administration (DEA) recently clarified that the cannabinoid THCA must be included in THC concentration levels to comply with the legal definition of hemp, as specified by the 2018 Farm Bill. In a letter dated May 13, Terrence Boos, chief of the DEA's drug and chemical...

In a landmark decision, the U.S. Drug Enforcement Administration (DEA) is reportedly moving cannabis from Schedule I to Schedule III under the Controlled Substances Act, sparking varied reactions across the industry. MariMed’s (OTC:MRMD) Enthusiastic Endorsement Bob Fireman, CEO of MariMed,...

To celebrate International Women’s Day, it’s essential to shine a light on the women making strides in the Cannabis industry, a field historically dominated by men. These remarkable women are set to share their experiences and wisdom at the upcoming Benzinga Cannabis Capital...

California is the toughest of cannabis markets, and the key to future growth is to be picky, cannabis lawyer Sahar Ayinehsazian told Benzinga's Market Spotlight: California conference Thursday.  Cannabis businesses must understand what their strengths are and stick to them, said Ayinehsazian,...

How hard it is to survive in the cannabis space?  On the one hand, the marijuana industry is nascent as the plant has been stigmatized for decades. Being illegal at the federal level makes operating that much more complicated. On the other hand, the industry continues to progress. Each year more...

“I think the taxation structure makes it extremely difficult to make money given the impact of that,” said Seth Yakatan, co-founder at Katan Associates, during a dynamic Benzinga Cannabis Capital Conference panel discussion on the challenges and evolving landscape of the cannabis...

Recovering Cannabis Market: Price Rise in Colorado Defies 2021 Deflation Since October 2021, the price of cannabis in Colorado has been on a downward trend. However, over the past couple of months, cannabis price has rebounded, reported Green Market Report citing the Colorado Department of Revenue...

This week the Office of Cannabis Management (OCM) posted new emergency regulations on unlicensed activities. This is the latest move in the ongoing battle against illegal operations in the Empire State. Under these rules, “The Office may issue a notice of violation and order...

In a stunning display of the financial potential of legal cannabis, states across the U.S. have collected a combined total of more than $15.1 billion in tax revenue from adult-use cannabis sales since 2014. As the Marijuana Policy Project's (MPP) latest report reveals, 2022 alone saw over $3.77...

Sahar Ayinehsazian, Partner at Vicente LLP was a guest speaker at Benzinga’s Cannabis Capital Conference on April 11, 2023.  Vicente LLP is one of the top cannabis and psychedelics law firms in the United States, helping businesses navigate the complex legal and financial services issues...