California, Massachusetts, and Nevada Legalize Marijuana in Vote That Could Echo Nationally

According to a New York Times article on November 10, 2016, voters in California, Massachusetts, and Nevada approved legalized adult use of marijuana on Election Day, 2016. A similar measure in Maine was in the lead by less than 1 point with 98% of precincts reporting. With these additions, the percentage of Americans living in states where marijuana use is legal for adults rose to just above 20% from 5%. Leading up to the election, adult use was legal in four states, Alaska, Colorado, Oregon, Washington, and the District of Columbia. In addition to these votes on adult use of

Marijuana Businesses Managing

The New York Times today has an article, http://www.nytimes.com/2016/02/17/business/dealbook/as-marijuana-sales-grow-start-ups-step-in-for-wary-banks.html?ref=todayspaper, that speaks to one of the most pressing issues facing the establishment of a well functioning medical or adult use marijuana program governed by State law.  The article states that “The State of Colorado legalized marijuana for recreational use in 2014, joining several other states where the drug has been decriminalized in some form, but Visa and MasterCard will not process transactions for pot dispensaries and most banks will not open accounts for the businesses — leaving dispensaries dealing with a constant influx of cash, and nowhere good to put it.”

Governor Cuomo has signed into law the Medical Marijuana Expedited Access Bill

“Governor Cuomo has signed into law the Medical Marijuana Expedited Access Bill. This law will  creates an expedited access to medical marijuana in certain cases where a patient’s condition is progressive and degenerative. The measure will create an expedited approval process for people facing degenerative diseases and those who further face the risk of death or serious harm without the drug. . Qualifying conditions include cancer, AIDS, Parkinson’s, Lou Gehrig’s disease and epilepsy. It also authorizes state health officials to work with regulated producers who can provide marijuana to patients as soon as possible New York’s wider medical marijuana program

Meyer Suozzi Client, Empire State Health Solutions, Registered to Sell and Produce Medical Marijuana in NY

August 1, 2015 – Meyer, Suozzi, English & Klein, P.C. is pleased to announce that its client, Empire State Health Solutions, has been chosen by the New York State Department of Health as one of the  five registered organizations authorized  to produce and dispense medical marijuana in New York. Empire’s sister company, Minnesota Medical Solutions, started sales earlier this month in Minnesota. Our client was one of 43 applicants vying to win a medical marijuana franchise in New York – a license granted only to five organizations. The decision to select our client and the four others was issued after

Banking for Pot Industry Hits a Roadblock

July 31, 2015 – The Federal Reserve has recently turned down a Colorado Credit Union application to have a master account which It planned to use to serve the Colorado cannabis industry. As we know, the banking issue is the elephant in the room when it comes to the development of the industry. Per the article, a South Carolina attorney has filed suit to challenge the Reserve’s denial on process issues, but that challenge is probably a long shot. Without a Federal policy change regarding banking, the industry will remain a cash industry with the attendant security and tax collection

The Date for the Award of the Five New York State Medical Marijuana Licenses: Is it Coming This Week

July 29, 2015 – According to multiple press reports, the date quickly approaches for New York State to announce its selection of the five companies that will receive licenses to produce and sell medicinal marijuana. Forty three applicants are competing for five licenses. Each licensee will be required to grow, process, and distribute medical marijuana in forms acceptable to the Department of Health. One applicant, Empire State Health Solutions, is owned by Vireo Health. Vireo’s   Minnesota subsidiary won a license in Minnesota and has been operating there since July 1st, 2015. Another applicant, Tilray is reported to have made a

Applications to Grow, Process and Sell Medical Cannabis Have Been Released

May 1, 2015 – A long list of competitors will be expected to apply for the five licenses that will be issued by the state of New York to manufacture and dispense medical marijuana. The Department of Health released their final regulations and the applications were posted on April 20th. Gary Smith of H2Gro Greenhouses has expressed a desire to apply for one of the licenses. The complex set of rules will not deter him from putting in an application but many critics are concerned that the state has erected too many barriers. The Assembly sponsor of the Compassionate Care

The Fifth Question Of Passover

April 20, 2015 – On Passover the youngest Jewish child gets the honor of asking four questions. The four questions are: Why is it on all other nights we eat bread or matzo and on this night we only eat matzo? Why is it that on all other nights we eat all kinds of vegetables, but on this night we eat bitter herbs? Why is it that on all other nights we do not dip even once, and on this night we dip twice? Why is it that on all other nights we eat either sitting or reclining and on