May 26, 2022 04:40 PMCalif. Senate OKs Bill Changing Cannabis Tax System
By Jacqueline Bell
As the legal market adjusted to pressures of a global pandemic and saw demand for complex legal services soar, many law firms spent 2021 locked in a fierce war for talent to meet ever-expanding client needs.
By Aebra Coe
The largest 200 law firms in the U.S. boosted their headcount by an average of 5.6% in 2021 — the steepest increase in five years, according to the Law360 400. Here's a look at what those numbers mean and where firms may be headed if the economy slows in the coming year.
By Sam Reisman
The campaign to legalize adult-use cannabis in South Dakota applauded voters' resounding rejection of a proposed constitutional amendment that could have made future ballot initiatives more difficult to pass.
By Sam Reisman
The North Carolina Senate recently approved a bill legalizing medical marijuana, while Louisiana lawmakers advanced a host of cannabis reform bills. Here are the major moves in legislative cannabis reform from the past week.
Law360 is pleased to announce the Rising Stars of 2022, our list of 176 attorneys under 40 whose legal accomplishments belie their age.
By Sam Reisman
A North Carolina lawmaker pitched a new legalization bill, Rhode Island became the 19th state to legalize adult-use cannabis, and Delaware's governor nixed a proposal to legalize simple possession. Here are the major moves in cannabis reform from the past week.
As the cannabis industry continues to grow, so does its widely varied patchwork of local, state and federal regulation, and practitioners should familiarize themselves with the specific rules on tax, real estate, intellectual property and banking applicable in the jurisdictions where their clients operate, say Patrick Hines and Fallon Martin at Hodgson Russ.
A Virginia bankruptcy court's recent ruling in the case of defunct law firm LeClairRyan shows there may be serious tax consequences for pass-through entity partners who give up their ownership interest without following operating agreement exit provisions and updating bankruptcy court filings, say Edward Schnitzer and Hannah Travaglini at Montgomery McCracken.
Legislation recently passed by both chambers of the Massachusetts Legislature will make sweeping changes to the commonwealth’s cannabis industry, altering everything from municipal agreements to on-site consumption, and improving social equity while reducing businesses' tax burdens, says Cloe Pippin at Foley Hoag.
May 20, 2022 06:38 PMNM And 2 Pueblos Agree To Cooperate On Cannabis Taxes
May 16, 2022 04:16 PMMiss. Publishes Final Medical Cannabis Tax Rules
May 13, 2022 03:45 PMNJ Bill Seeks OK Of Cannabis Biz Tax Deductions
May 6, 2022 06:41 PMAdvocates Say Calif.'s Tax Is Limiting Legal Cannabis Market
May 5, 2022 05:03 PMCourt Stays $735K FBAR Case Against Pot Farmer's Estate
May 2, 2022 06:17 PMCalif. Cannabis Dispensary Owes Tax On $2.3M In Sales
May 2, 2022 05:05 PMMass. Floats Rule On Tax Collection For Marijuana Deliveries
April 29, 2022 04:02 PMMORE Act's Possible Impact On State-Licensed Cannabis Cos.
April 21, 2022 05:48 PMHolland & Hart Adds Cannabis Tax Litigator In Denver
April 20, 2022 05:32 PMMo. Senate OKs SALT Cap Workaround, Tax Omnibus Bill
April 19, 2022 01:35 PMMich. Marijuana Bill Could Boost Tribal Economic Growth
April 14, 2022 05:31 PMNY Tribe To Open Empire State's First Adult-Use Pot Shops
April 11, 2022 04:21 PMNM Medical Pot Retailer Can Deduct Biz Expenses
April 6, 2022 03:47 PMNM Cannabis Seller Can Deduct Business Expenses
April 1, 2022 06:16 PMFederal Cannabis Bill Needs A Regulatory Plan To Succeed
April 1, 2022 01:07 PMUS House Approves Bill To End Federal Cannabis Prohibition
March 31, 2022 03:28 PMIRS' Pot Co. Summonses Should Be Tossed, 10th Circ. Told
March 31, 2022 05:11 PMMo. Senate OKs SALT Cap Workaround, Pot Tax Break
March 31, 2022 06:28 PMPot Bill Would Raise $8B In Revenue, JCT Says