Replay: The Legal Landscape of the Cannabis Industry

On April 7, Michael Schwamm and Tracy Gallegos joined The Arcview Group for an Instagram Live to discuss the legal landscape of the cannabis industry.

View a replay of the Instagram Live.

As an alliance partner of Arcview, Duane Morris attorneys are participating in an exciting lineup of #ArcviewApril events—sharing insights about the cannabis industry during National Cannabis Awareness Month. More information: http://arcviewapril.com/

 

Paul Josephson Named to List of People Shaping New Jersey’s Cannabis Industry

Paul Josephson, Duane Morris partner and team lead of the Cannabis Industry Group, has been named to the “CannaInfluencers” list of people shaping the cannabis industry in New Jersey.

NJ Cannabis Insider writes:

Paul Josephson remembers his time at the University of Michigan, a decade after the city of Ann Arbor had decriminalized marijuana.

“It was an issue everybody was aware of,” Josephson said. “You could walk past a cop with a joint hanging out of your mouth. You’d get a $15 summons you would have to pay.”

Not true for the Black students he encountered for the first time at a large university. He said he learned that their experiences with police officers was very different than his.

“If you were Black or poor, it could especially derail your career,” he said.

Combine that with Josephson’s history in politics, beginning with him being elected president of UM’s student government and then choosing to go to law school in the nation’s capital, and you can explain why he got involved in efforts to legalize marijuana in New Jersey.

To read Mr. Josephson’s full profile, please visit nj.com.

Seth Goldberg Discusses Pennsylvania Legalization of Adult-Use Marijuana

Seth Goldberg, Duane Morris partner and team lead of the Cannabis Industry Group, is quoted in the Philadelphia magazine article, “If Pennsylvania Is Going to Legalize Adult-Use Marijuana, This Is How It Should Be Done.”

Use the State’s Existing Supply Chain

“There is a supply chain that is already intact and could likely be expanded very quickly to allow for a recreational marijuana program to be implemented without too much challenge,” said Mr. Goldberg.

“You have growers and processors who can expand their production, labs who could expand their testing, dispensaries who could expand their sales, fairly quickly, to provide adult-use marijuana to Pennsylvanians. This is a very good framework to be utilized in a way that could get this done quickly and efficiently if people wanted to.” […]

Be Mindful of How Marijuana Is Taxed

Currently, marijuana growers and processors in Pennsylvania are taxed five percent on the gross receipts received from the sale of medical marijuana to a dispensary. But there is no sales tax on marijuana, so consumers who purchase it do not pay a tax. According to Mr. Goldberg, that could change with legalization, but it shouldn’t.

“Whether a marijuana sales tax is imposed on consumers or whether the five percent excise tax that’s imposed on growers and processors is increased, these are things that I certainly wouldn’t advocate for because I don’t know that it would be necessary to result in a boost in the tax revenue.” […]

To read the full article, please visit the phillymag.com.