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Everything you need to know about BMD and the industry.
Client Alert
Marijuana Reclassification and APRN/PA Prescribing
May 7, 2024
Marijuana is expected to be reclassified by the Drug Enforcement Administration (DEA) from a Schedule I controlled substance to a Schedule III controlled substance as a result of efforts by the Biden administration.
Posted by
Jeana Singleton and Rachel Stermer
Client Alert
Ohio Legalizes Recreational Marijuana; What’s Next for Ohio Employers?
November 8, 2023
Posted by
Bryan Meek
Client Alert
Banking and Cannabis: Is it Legal
January 4, 2022
Marijuana is still a Schedule 1 drug and is illegal under federal law. However, I am not aware of any federal banking law or regulation, or any other federal law or regulation, which explicitly makes it illegal for banks and other financial institutions to provide their traditional services to state legal cannabis businesses.
Posted by
Stephen Lenn and James Young
Client Alert
Updates for Employers Regarding Medical Marijuana
December 11, 2020
In 2020, the momentum for marijuana legalization and decriminalization continued. In the November elections, five more states legalized either medical marijuana, recreational marijuana, or both. Although marijuana remains illegal in any form under federal law, just last week, the U.S. House of Representatives voted to decriminalize marijuana usage at the federal level. It's unlikely that the Senate will approve of that, but it is another milestone in what has been a rapidly shifting landscape over the last decade. Given the patchwork of state laws regarding medical and recreational marijuana, widely varied approaches for workplace protections, and the total federal ban, it can be difficult for employers to know how to deal with this issue.
Posted by
Russel T. Rendall