Jill Lamoreaux is a Çanopy mentor, alumni and founder of Sprk Labs. Jill is an entrepreneur, cannabis industry leader, and consultant for dispensary licensing and application.
Topics: Entrepreneurship, Legal
California Proposition 64, Part III: Revenue - who benefits?
Part III: With upcoming elections and the launch of Canopy's Berkeley, CA, cannabis startup accelerator, we've followed California's regulatory environment closely. The following blog post is part of a series dissecting California’s November 8th ballot initiative commonly referred to as the “Adult Use of Marijuana Act (AUMA)", or Proposition 64. Parts I and II discussed the AUMA's major objectives and next steps for regulated cannabis businesses; as well as highlighted several of the Act's provisions, such as the allowance of hemp as an agricultural product, and the Act's intensive licensing schedule. Part III reviews where revenue will be allocated, and limits set on marijuana businesses in order to discourage underage access and use.
Topics: Legal
California's Proposition 64: Waiting on the world to change, Part II
Part II: With upcoming elections and the launch of Canopy's Berkeley, CA, cannabis startup accelerator, we've followed California's regulatory environment closely. The following blog post is part of a series dissecting California’s November 8th ballot initiative commonly referred to as the “Adult Use of Marijuana Act (AUMA)", or Proposition 64. Part I discussed the AUMA's major objectives and next steps for regulated cannabis businesses. In Part II, several of the Act's provisions are highlighted, such as the allowance of hemp as an agricultural product, and an intensive licensing schedule.
Topics: Legal
California's Proposition 64: Waiting On the World to Change
With upcoming elections and the launch of Canopy's Berkeley, CA, cannabis startup accelerator, we've followed California's regulatory environment closely. The following blog post is part of a 3-part series on California’s November 8th ballot initiative commonly referred to as the “Adult Use of Marijuana Act (AUMA)", or Proposition 64. In Part I, we take a look at the AUMA's major objectives and next steps for regulated cannabis businesses - including the importance of businesses to get involved in the development of resulting regulations.
Topics: Legal
MJBizDaily posted a terrific interview with former Deputy Attorney General James Cole regarding his definitive memos in 2011, 2013, and 2014. The most famous of these is the Cole Memo of 2013, which outlined eight priorities for DOJ/law enforcement with regards to state-legal cannabis markets.
Over the last few weeks I've fielded the question "what would schedule 2 mean?" at least a dozen times. And the question isn't just coming from newcomers but from experienced investors, entrepreneurs, and advocates. Unfortunately, I don't have the answer.
Topics: Legal