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Thomas

Thomas

A seasoned commercial lawyer and the Managing Director of Collateral Base. With over 15 years of experience, Tom specializes in the cannabis industry, helping businesses navigate complex regulations, secure licenses, and obtain capital. He has successfully assisted clients in multiple states and is a Certified Ganjier. Tom also runs the popular YouTube channel "Cannabis Legalization News," providing insights and updates on cannabis laws and industry trends.

Illinois hemp rules

Updates to Illinois Hemp Rules: Key Changes and What They Mean

The Illinois Department of Agriculture has implemented significant amendments to the hemp regulations under the Industrial Hemp Act, 505 ILCS 89. These rule changes redefine how hemp is cultivated, processed, and regulated in Illinois, marking a critical shift in the delineation between hemp and cannabis in the state, but the rules only apply to cultivators […]

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Missouri Marijuana SOPs

Missouri Marijuana SOPs – A Compliance Guide for Microbusinesses

Introduction Missouri’s marijuana industry is expanding, offering significant opportunities for microbusinesses. However, navigating the Missouri cannabis laws’ rigorous compliance requirements is essential for success. Standard Operating Procedures (SOPs) play a critical role in ensuring that your business adheres to regulations while operating efficiently. This guide will help you develop and implement effective Missouri Marijuana SOPs,

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Apply for a Cannabis License in the U.S. Virgin Islands

How to Apply for a Cannabis License in the U.S. Virgin Islands: Step-by-Step Guide for 2024

Let’s discuss how to apply for a cannabis license in the U.S. Virgin Islands in 2024 and 2025. The US Virgin Islands (USVI) has introduced a structured, merit-based process to regulate the cannabis industry and support local business growth. If you’re interested in starting a cannabis business in the USVI, this guide will walk you

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Maryland cannabis financing

Unlocking Maryland Cannabis Financing: 2024 Eye-Opening Developments

The The Maryland Cannabis Administration (MCA) recently released new guidelines on Maryland cannabis financing to help social equity cannabis businesses get more financing options. As the cannabis industry keeps growing in Maryland, these updates are important for entrepreneurs, investors, and others who are navigating the complex rules. With new funding options becoming available, Maryland cannabis

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cannabis litigation

Cannabis Litigation: A Comprehensive Guide from Howard Law Group

Cannabis Litigation: How to Protect Your Marijuana Business in Court Litigation isn’t anybody’s favorite strain—yet when lawsuits sprout, you’d better know the rules before they smoke your bottom line. In this guide, the Howard Law Group breaks down common cannabis litigation scenarios, shows you how to dodge them, and explains what to do when “peace,

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What Does a Cannabis Lawyer Do

What Does a Cannabis Lawyer Do? 5 Exciting Roles Uncovered

What Does a Cannabis Lawyer Do? Explained The cannabis industry is evolving growing.  Large law firms are now adding cannabis industry practice groups to their list of services and advertising their skills as cannabis lawyers.   Sometimes they lack experienced cannabis business attorneys because states are so new when they start that no lawyer really can

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Illinois Dispensary Rules

Illinois Dispensary Rules: Key Updates for 2024

As the Illinois cannabis market continues to evolve, so too does the regulatory landscape. In August 2024, the Illinois Dispensary Rules changed when the Department of Financial and Professional Regulation (IDFPR) implemented significant updates to the cannabis dispensary regulations. This is a major update to Illinois laws regarding cannabis purchase and possession in Illinois beyond

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Intoxicating Hemp-Derived Cannabinoids

Intoxicating Hemp-Derived Cannabinoids Illegal

Intoxicating Hemp-Derived Cannabinoids: Legality of HHC, THCp, Delta-8 Understanding the complex world of hemp-derived cannabinoids can feel like solving a jigsaw puzzle with pieces that keep changing shapes. Knowing the legality of hemp-derived intoxicating cannabinoids, like delta-8 THC and many others, can keep you safe and avoid being suckered in by plant extracts peddlers claiming

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Corporate Formation Lawyer

What is a Corporate Formation Lawyer? A Comprehensive Guide to Their Role

A corporate formation lawyer plays a pivotal role in helping entrepreneurs, startups, and established businesses navigate the complex legal landscape of forming and structuring a company. From choosing the right entity to ensuring compliance with state and federal regulations, these specialized attorneys provide the legal expertise needed to establish a solid foundation for business growth.

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Second Amendment and Marijuana Use

Second Amendment and Marijuana Use | Case of US v. Connelly 2024

Fifth Circuit Court Ruling on Second Amendment and Marijuana Use: A Landmark Case The Fifth Circuit Court of Appeals recently handed down a significant decision in United States v. Paola Connelly, a case that has major implications for the intersection of drug use and Second Amendment rights. This case delves into the constitutional challenges against

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