A replay of A New Era for Immigration Policy and Enforcement – What the Cannabis Industry Needs to Know is now available.
Webinar: Potential Cannabis Rescheduling and Its Implications in the Financial Sector
Duane Morris will hold its next Cannabis Webinar, Potential Cannabis Rescheduling and Its Implications in the Financial Sector, on Tuesday, October 21, 2025, from 1:30 p.m. to 2:30 p.m. Eastern.
About the Program
Players in the cannabis industry have long struggled with banking and finance issues unique to the sector. For a long time, it was next to impossible to find options for getting loans or access to banks for product-touching operations. That, thankfully, is changing. The federal government’s stated intent to reschedule cannabis and offer safe harbor protections has made more banks willing to work with the industry. Join us as we discuss recent changes to normalize financial access for cannabis companies, opportunities in fintech and how these trends can potentially stimulate significant industry growth.
Continue reading “Webinar: Potential Cannabis Rescheduling and Its Implications in the Financial Sector”Webinar: A New Era for Immigration Policy and Enforcement – What the Cannabis Industry Needs to Know
Duane Morris will hold its next Cannabis Webinar, A New Era for Immigration Policy and Enforcement – What the Cannabis Industry Needs to Know, on Monday, October 6, 2025, from 12:30 p.m. to 1:30 p.m. Eastern.
This year has seen many changes in the federal enforcement of immigration and employment policies, many of which have a direct effect on the cannabis industry. Termination of programs like Temporary Protected Status (TPS) and humanitarian parole, conflicting guidance from the executive and judicial branches on the scope and effective dates of those terminations, federal raids of worksites including farms, and the rapid spread of information (and misinformation) in traditional and social media on ICE enforcement efforts have all contributed to disruptions in many employers’ day-to-day operations. Our panel of attorneys will discuss the differences between now and just a year ago, and what can be expected through the remainder of this year and into the next. We will also go into detail on how to best be prepared for enforcement actions at your organization and what you can do to stay ahead of immigration policy and regulatory compliance.
Continue reading “Webinar: A New Era for Immigration Policy and Enforcement – What the Cannabis Industry Needs to Know”Webinar Replay: Rescheduling vs. Decriminalization – The Movement for Cannabis Legalization and Its Impact on Today’s Market
A replay of Rescheduling vs. Decriminalization – The Movement for Cannabis Legalization and Its Impact on Today’s Market is now available for viewing.
Legal Yet Unbankable: Inside The $100 Billion Underserved Market
Duane Morris partner Joseph Silvia is quoted in the Forbes article, “Legal Yet Unbankable: Inside The $100 Billion Underserved Market.”
Across the U.S., thousands of legal businesses wear the “high-risk” label and are quietly excluded from basic financial services—not because of any wrongdoing, but simply the industries they operate in: cannabis, firearms, crypto, adult content. And few face steeper barriers than cannabis businesses. Even with state-level legalization and proper licensing, most are relegated to bare-bones banking. The full financial stack—lending, investing, credit cards—remains out of reach due to federal prohibition and institutional risk aversion. […]
But the obstacles go far beyond payment friction. Because cannabis remains a Schedule 1 substance, the IRS bars businesses from deducting ordinary expenses like rent, payroll, or marketing—leaving many taxed on gross receipts instead of profit, with effective rates soaring past 70%. “The core obstacle to providing traditional banking services to cannabis businesses is the unresolved conflict between state and federal law,” said Silvia. “Over the past decade, many of these businesses have become legitimate enterprises serving diverse customers. Yet institutions that choose to serve this industry must do so amid regulatory uncertainty, heightened scrutiny, and elevated risk expectations.” […]
Duane Morris at Benzinga Cannabis Capital Conference
Webinar: Rescheduling vs. Decriminalization – The Movement for Cannabis Legalization and Its Impact on Today’s Market
Duane Morris will hold its next Cannabis Webinar, Rescheduling vs. Decriminalization – The Movement for Cannabis Legalization and Its Impact on Today’s Market, on Thursday, May 8, 2025, from 12:30 p.m. to 1:30 p.m. Eastern.
The panel discussion features journalist filmmaker Michele Mitchell, who will examine the history of the cannabis movement, its impact on the current state of the cannabis market, and whether rescheduling or decriminalization would have the most beneficial impact for cannabis as this nascent industry continues to grow.
What New Calif. Law Means For Cannabis Lounges
For years, movies, music and other aspects of popular culture have hailed Amsterdam as the number one destination for openly consuming cannabis purchased from “coffee shops.” […] However, one difference — at least in California where adult use cannabis was legalized in 2016 with the passage of Proposition 64 — is that consumption lounges have been unable to offer prepared noncannabis food and beverages on-site. This changed on Sept. 30, when California Gov. Gavin Newsom signed California A.B. 1775 into law.
Webinar Replay: Legal Challenges and Considerations for Social Consumption Lounges
A replay of Mainstreaming Cannabis: Legal Challenges and Considerations for Social Consumption Lounges is now available for viewing.
Duane Morris Attorneys Recognized by Cannabis Law Report
Tracy Gallegos and Paul Josephson, Duane Morris partners and team leads of the Cannabis Industry Group, are once again recognized in Cannabis Law Report‘s list of Global Top Lawyers.
The list honors cannabis practitioners via the publication’s annual survey of clients and lawyers in the cannabis legal services sector as well as its personal editorial decisions based on its reporting of the industry for nearly 10 years.