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    Andy Aley’s practice focuses on advising both established and emerging companies on mergers and acquisitions, corporate finance, entity structuring and general corporate matters.

    Andy has represented buyers and sellers in ...

CannabisThis is just a reminder that we will be hosting a free half-day seminar for Oregon cannabis businesses this Thursday, May 18 at the World Trade Center in Portland.  The program, titled Growing Up Green: Learning How to Blossom in Oregon’s Budding Marketplace (co-hosted by Garvey Schubert Barer, ACT Resources, PLLC, and Mosaic Insurance Alliance), will provide information on what every cannabis license holder needs to know, including attracting investors, employment, real estate, insurance, taxes and lessons learned from the Washington market.  Additionally, the OLCC’s Portland Metro Public Safety Manager will be on hand to discuss regulatory issues and answer your questions.

To attend, please RSVP to Paul Matulac at pmatulac@gsblaw.com.

The complete agenda is available on the seminar's event page on our website. 

Date & Time
Thurs. May 18, 2017
Registration: 12:30 - 1:00 pm
Program: 1:00 - 4:20 pm (followed by a hosted networking social)

Location
Two World Trade Center (Mezzanine Room 3/4)
25 SW Salmon Street
Portland, OR 97204

Join us in Portland on Thursday, May 18 for a free half-day seminar as we discuss best practices on regulatory, business and operational issues to promote your company’s long-term growth and success.

Growing Up Green: Learning How to Blossom in Oregon’s Budding Marketplace (co-hosted by Garvey Schubert Barer, ACT Resources, PLLC, and Mosaic Insurance Alliance) will provide information on what every cannabis license holder needs to know, including attracting investors, real estate, insurance, taxes and lessons learned from the Washington market.  Additionally, the OLCC’s Portland Metro Public Safety Manager will be on hand to discuss regulatory issues and answer your questions.  This event is designed specifically to address issues affecting cannabis producers, processors, retailers, and ancillary businesses.

View the complete agenda on the event page on our website. 

Date & Time
Thurs. May 18, 2017
Registration: 12:30 - 1:00 pm
Program: 1:00 - 4:20 pm (followed by a hosted networking social)

Location
Two World Trade Center (Mezzanine Room 3/4)
25 SW Salmon Street
Portland, OR 97204

Raising money into any business can be stressful and time consuming, and requires compliance with a multitude of state and federal laws. Understanding the investment landscape and being prepared can make the process smoother and quicker.

  • Details Matter. From the type of entity you’ve formed to run your cannabis business to your capitalization structure, your business plan, and the agreements between the founders and the company, details matter to investors and play a role in the decision of whether to invest in a company. Having a business structure that facilitates investment and clean documentation are important first steps in attracting outside capital.

Justice Department has options to crack down, but may galvanize the push for even wider legalization

In statements that were perhaps inevitable but nonetheless surprising to the cannabis industry, White House Press Secretary Sean Spicer on February 23, 2017, provided the first official comments on how the Trump administration may address recreational marijuana.

Responding to a question from an Arkansas reporter regarding medical marijuana, Spicer indicated that the Trump administration sees “a big difference” between medical and recreational marijuana, stating that federal law needs to be followed “when it comes to recreational marijuana and other drugs of that nature.”

Spicer also indicated that enforcement decisions will primarily be a Department of Justice (“DOJ”) matter, stating that enforcement is “a question for the Department of Justice,” but that he believed there would be “greater enforcement of [federal law], because again, there’s a big difference between medical use, which Congress has, through an appropriations rider in 2014, made very clear what their intent was on how the Department of Justice would handle that issue,” which, Spicer stated, is “very different from the recreational use, which is something the Department of Justice will be further looking into.”

Although Spicer’s statements should probably not be considered as the Trump administration’s definitive policy statement on recreational marijuana use, they do raise a variety of concerns for cannabis businesses.

On Thursday, November 3, Garvey Schubert Barer’s Cannabis Industry Group will be presenting Cannabis 2016: Transitioning from Infancy to Maturity, a half-day educational program geared toward helping companies thrive amid the industry’s fluid business environment.  As the cannabis industry has been undergoing a rapid maturation, nascent enterprises are quickly evolving into sophisticated businesses.  This session will provide best practices and guidance to help manage business and operational issues to ensure the long-term growth and success of industry members.

Vela, a cannabis retail shop, and an educational and community-building hub is hosting a series of free events in September and October that include speakers David Mendoza, Senior Policy Advisor for the City of Seattle Office of the Mayor, Pete Holmes, Seattle City Attorney, and Rick Garza, Director of the Washington State Liquor and Cannabis Board to discuss legislative solutions to support the legal market, and the current status and challenges of the marketplace. Come join fellow patrons and partners to learn, discuss and share tips.

In a long-awaited decision released this morning, the United States Drug Enforcement Administration announced that it has denied two petitions to reschedule marijuana under the Controlled Substances Act (the “CSA”). The DEA concluded that marijuana should remain a Schedule I controlled substance because it does not meet the criteria for currently accepted medical use in treatment in the United States; there is a lack of accepted safety for use of marijuana under medical supervision and it has a high potential for abuse.  The DEA’s decision relies on a scientific and medical evaluation and scheduling recommendation from the United States Department of Health and Human Services (“HHS”), based on studies conducted by the United States Food and Drug Administration and National Institute on Drug Abuse (“NIDA”).

We’d like to thank everyone who attended our seminar, “Moving Forward Under Measure 91,” last Friday, in Portland! It was a great event, and we were even featured as part of a KGW-TV news segment.

As promised, we’ve included links to presentations by GSB attorneys, the Oregon Liquor Control Commission, League of Oregon Cities and Association of Oregon Counties. Beginning next week we will begin our blog series addressing questions that we may not have been able to get to during the Q & A. Make sure to keep checking back here, or subscribe to our blog for updates!

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OVERVIEW OF MARIJUANA BUSINESS PLANNING

  • Andy Aley, Garvey Schubert Barer
  • Claire Hawkins, Garvey Schubert Barer
  • Jared Van Kirk, Garvey Schubert Barer
  • Hal Snow, Garvey Schubert Barer

CITY AND COUNTY PERSPECTIVE

  • Sean O’Day, General Counsel, League of Oregon Cities
  • Rob Bovett, Legal Counsel, Association of Oregon Counties
  • William Kabeiseman, Garvey Schubert Barer

OREGON LIQUOR CONTROL COMMISSION

  • Tom Towslee, Acting Communication Director, Marijuana Programs, Oregon Liquor Control Commission

If you would like to be sent event follow-up materials, please send a request to shenley@gsblaw.com.FullSizeRender (2)

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Since its founding in 1966, Garvey Schubert Barer has counseled clients across a broad range of industry sectors. Our attorneys have deep bench experience and significant expertise in both complex legal and business matters. We value innovation and entrepreneurship, and closely monitor industry trends. It is with these values in mind that our firm established the cannabis industry group. Read More ›

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