Vicente LLP Psychedelics & Emerging Therapies Update: April 2024
Apr 12, 2024
Psychedelics and emerging therapies-related legislation, regulatory updates, events and other news from Vicente LLP.
Apr 12, 2024
Psychedelics and emerging therapies-related legislation, regulatory updates, events and other news from Vicente LLP.
Dec 19, 2023
Psychedelics and emerging therapies-related legislation, regulatory updates, events and other news from Vicente LLP.
By Jason Adelstone
Dec 7, 2023
On October 27, 2023, the Ninth Circuit Court of Appeals, in Aggarwal v. DEA, held that the U.S. Drug Enforcement Agency (DEA) must reconsider its denial of a petition to transfer psilocybin, the active ingredient in “magic mushrooms” from Schedule I to Schedule II. Read this Insights post for more information about the Ninth Circuit Court’s order to reschedule psilocybin.
Oct 26, 2023
Vicente LLP founding partner Joshua Kappel will discuss the new age of psychedelics and how natural medicines can help entrepreneurs at the prestigious Inc. 5000 Conference & Gala on November 1.
Oct 26, 2023
Psychedelics and emerging therapies-related legislation, regulatory updates, events and other news from Vicente LLP.
Oct 11, 2023
Watch this live session on Wednesday, October 11 at 1 p.m. ET. The session will feature Vicente LLP’s director of economics and research, Andrew Livingston, and the firm’s Michigan practice leader, Travis Copenhaver, as they discuss Michigan cannabis market trends and opportunities that will help your business to better adapt, strategize, and navigate changing market conditions.
Sep 11, 2023
Psychedelics and emerging therapies-related legislation, regulatory updates, events and other news from Vicente LLP.
Sep 11, 2023
Psychedelics and emerging therapies-related legislation, regulatory updates, events and other news from Vicente LLP.
Jul 13, 2023
Join ACR for a Roundtable Discussion on SAFE banking in the cannabis industry, specifically focusing on the impact on small and minority-owned businesses. The webinar featuring Vicente attorney Elliot Choi will be held on Tuesday, July 25th, from 6:30 - 8 p.m. ET.
Jul 7, 2023
Psychedelics and emerging therapies-related legislation, regulatory updates, events and other news from Vicente LLP.
May 29, 2023
Colorado is the first state to decriminalize natural psychedelics for personal and communal use. This guide contains information on personal use, civil protections, and Colorado's regulated natural medicine access program. Natural psychedelics remain illegal under federal law. Please be conscientious and know the laws.
By Joshua Kappel, Juliana Todeschi, George Winfrey
May 24, 2023
Another key step in bringing natural psychedelic medicine to Colorado was completed this week. Governor Polis signed SB23-290, the Natural Medicine Health Act’s implementation bill. This bill is the most comprehensive piece of legislation ever passed by a state government related to a state-authorized natural psychedelic medicine program. It builds upon the values of the NMHA with a renewed focus on indigenous voices, safety, and regulatory efficiency. The measure goes into effect on July 1, 2023. Read our full analysis of the bill.
By Genevieve Meehan and Sara Simons
May 3, 2023
Since its introduction on April 18, SB23-290, the implementation bill for the Natural Medicine Health Act (NMHA), made its way through the Colorado Legislature and now awaits the governor's signature. Although the bill started off with a couple of policy positions that were antithetical to the voter-initiated act, after a series of amendments and a lot of work by Colorado activists and lawyers, it seems clear SB23-290 builds off the intent of the NMHA to create a natural psychedelic ecosystem in Colorado based in equity and safety. Read this Vicente Insights post for key aspects of the bill.
By Joshua Kappel
May 1, 2023
Since its introduction on April 18, SB23-290, the implementation bill for the Natural Medicine Health Act (NMHA), made its way through the Colorado House and has now passed with amendments that have generally brought this bill even closer to the original intent of Prop 122! Read this Vicente Insights post for the latest updates and next steps for the bill.
By Joshua Kappel, Juliana Todeschi
Apr 25, 2023
Since its introduction on April 18, SB23-290, the implementation bill for the Natural Medicine Health Act (NMHA), has gone through the Colorado Senate Finance and Appropriations Committees and several amendments have been made. The reengrossed version of the now 91-page bill heads to the state House with a new sponsor, Representative Judy Amabile. Read this Vicente Insights post for the latest updates and next steps for the bill.
By Joshua Kappel
Apr 21, 2023
SB23-290, the Natural Medicine Health Act (NMHA) implementation bill, had a hearing on April 20 in Colorado’s Senate Finance Committee. Amendments made during the hearing were a significant step in the right direction. Read this Vicente Insights post for our summary of the hearing and next steps for the bill.
Apr 19, 2023
Watch this Vicente LLP session for insights on current CRA enforcement trends and best practices for running a compliant cannabis business in Michigan.
By Joshua Kappel, Barine Majewska
Apr 19, 2023
SB23-290 was introduced in the Colorado Legislature to amend and implement Proposition 122, the Natural Medicine Health Act that was passed by Colorado voters in November. There will be a public hearing on this bill tomorrow, April 20. If passed, SB23-290 would completely replace the NMHA.
Apr 6, 2023
In this episode of Cannabis Minds, Jen Flanagan interviews her colleague Sahar Ayinehsazian who gives valuable advice for cannabis operators and applicants seeking banking services.
By Krissy Atterholt
Mar 30, 2023
Regulatory enforcement against Michigan cannabis licensees has increased significantly since mid-2022. Read this article for a breakdown of the number of actions, types of penalties, and categories of non-compliance resulting in enforcement.
By Charles Alovisetti
Mar 22, 2023
A new industry is emerging in the United States, and entrepreneurs in the psychedelics space must make critical decisions at the onset of new ventures regarding how to set up and structure their new businesses. Luckily, we have access to another industry with a complex legal framework and a patchwork of different state laws: cannabis. And after forming hundreds of cannabis companies with clients over the past decade, Vicente LLP has lessons to be shared.
Mar 9, 2023
Join Vicente partner Travis Copenhaver and Michigan cannabis dispensary owner Mario Porter during a Rootwurks webinar on March 15 to learn the latest compliance and regulatory tips that come with running a cannabis company in Michigan.
Feb 23, 2023
Calling all cannabis and psychedelic industry professionals! RSVP to attend our private networking event and fundraiser during SXSW in Austin, co-hosted with Grasslands: A Journalism-Minded Agency.
By Krissy Atterholt
Feb 14, 2023
Michigan leads the Midwest in affording its communities local protection for psychedelic-based activities. This article gives a breakdown of notable moments in Michigan's psychedelic legislative history.
Feb 9, 2023
What is microdosing and what does the path to legalizing responsible psychedelic use look like? Get the low-down from the Third Wave Podcast featuring Josh Kappel, Alli Schaper and Marie Mbouni, M.D.
By Yolanda Clarke and Jaime Greenwood
Feb 3, 2023
Colorado's Natural Medicine Health Act provides a path for responsible access to psychedelic natural medicines. If you're interested in the personal use of natural medicines in Colorado, read this article to find out what is and is not permitted.
Jan 12, 2023
As states like Oregon and Colorado develop regulated pathways for people to get involved in the regulated psychedelics industry, possibilities—and questions—are increasing: What are the opportunities now, what’s next, and where? Get answers by watching this recorded session.
Jan 10, 2023
Certain psychedelics were decriminalized in Colorado, now what? Join Chacruna’s Community Forum on January 18 for an in-depth discussion about the Natural Medicine Health Act.
Jan 6, 2023
"Can I start selling mushrooms in Colorado now?" Joshua Kappel answers your questions about Proposition 122 on the Psychedelics Passage podcast. Listen here!
Dec 27, 2022
In a CLE on January 12, 2023, Charles Alovisetti will offer advice on the legal and practical issues borrowers and lenders need to consider when documenting and funding a loan transaction secured by cannabis-related real estate
Dec 23, 2022
On January 7, 2023, the VS team will provide legal services at a drug conviction record sealing clinic in Denver, Colorado.
Dec 8, 2022
Watch this session on-demand for a discussion on the cannabis landscape and emerging opportunities in Michigan, Minnesota, Illinois, Ohio, North Dakota, South Dakota, and Wisconsin.
By Yolanda Clarke, Jamie Greenwood
Nov 16, 2022
In another exciting step towards implementing psilocybin services, the Oregon Psilocybin Services Section issued updated proposed rules under the Oregon Psilocybin Services Act this month, making significant changes to the previous iteration. Make your voices heard! The public comment period is open through November 21, 2022.
Nov 4, 2022
Josh Kappel recently discussed everything related to Proposition 122: The Natural Medicine Health Act with Higher Practice Podcast. Listen now!
Nov 1, 2022
The November 2022 ballot has those interested in cannabis and psychedelic policy reform on their toes. From supporting adult-use cannabis initiatives in Arkansas, Missouri, North Dakota, South Dakota, and Maryland, to potential psychedelic reform in Colorado, there is plenty of excitement!
By Krissy Atterholt
Oct 28, 2022
Complying with Michigan's marijuana packaging and labeling laws can be challenging to navigate if you don't pay close attention to the rules. If a product's packaging is not compliant, some potential remedies are available to bring the product back into compliance.
By Krissy Atterholt
Oct 28, 2022
Cannabis packaging and labeling requirements vary across markets and product types, so it’s critical that your packaging and labeling are compliant with state-specific regulations. Read this article to know what information needs to be on marijuana product packaging in Michigan.
By Joshua Kappel and Tucker Wentz
Oct 11, 2022
Vicente Sederberg LLP is proud to stand with Natural Medicine Colorado and support Proposition 122. This measure not only provides safe access to natural psychedelic medicines, but does so in a way that is grounded in equity and conscious capitalism while also protecting legacy communities and existing medicine keepers.
By Marc Ross
Oct 11, 2022
Colorado Prop 122, The Natural Medicine Health Act, requires that licensed entities participating in the Natural Medicine Regulated Access Program must meet specific ESG criteria.
By Colleen Mitchell, Yolanda Clarke
Oct 10, 2022
Prop 122 would create a regulated system for adults aged 21 and older to access natural psychedelic medicine, such as psilocybin, in a supervised setting to treat various mental health conditions. It would also allow for the cultivation, possession, personal use, and gifting of psychedelic medicine for adults aged 21 and older. Read this for an overview of the proposition’s key components.
Oct 5, 2022
VS partners Charles Alovisetti and FL Gorman will discuss debtor-creditor rights pertaining to cannabis at NYSBA’s virtual CRE program on October 6
By Charles Alovisetti, Elliot Y. Choi, and Sahar Ayinehsazian
Sep 29, 2022
Charles Alovisetti, Elliot Y. Choi, and Sahar Ayinehsazian write for the Bloomberg Law, reflecting on the challenges and journey of raising private capital in the cannabis industry
Sep 21, 2022
VS partners Sahar Ayinehsazian and Jerrico Perez will be on a LIVE cannabis banking compliance NHCC Legal Committee seminar on September 28!
By Sally Kent Peebles
Sep 9, 2022
Oregon Health Authority published the remaining draft rules to implement 'Measure 109' – the Oregon voter initiative passed in November 2020 which directed the OHA to license and regulate psilocybin products and the provision of psilocybin services. Read more about psilocybin licensing rules.
Sep 7, 2022
Don’t miss the Emergence Psychedelic Education Festival on October 1, 2022. The event will feature psychedelic practitioners and advocates, including VS’s Barine Majewska.
Aug 10, 2022
Josh Kappel will be featured in a legalization and regulation panel at the Psychedelic Law Summit hosted by InsidePractice, "Legalization or Regulation: Pathways to Psychedelic Access"
Aug 8, 2022
VS founding partner Joshua Kappel was a featured guest on a panel hosted by Into The Multiverse Podcast to discuss the history and future of psychedelic microdosing.
By Travis Copenhaver
Jul 29, 2022
Michigan cannabis licensing is broken up into three steps: prequalification, municipal approval, and state facility approval. The first major hurdle every licensee must go through is the prequalification process.
Jul 29, 2022
Sahar Ayinehsazian will be speaking at the 2022 PBC Conference on September 8, 2022 to discuss financial investing in the cannabis business space
Jul 22, 2022
Joshua Kappel was interviewed by Psychedelica Lex to discuss his advocacy for the Colorado Natural Medicine Health Act, a measure on the Fall ballot.
Jul 22, 2022
It's official! Coloradans will have the chance to vote on a historic ballot initiative this year to legalize possession of certain psychedelics, establish a therapeutic model for supervised psilocybin treatment and provide a pathway for record sealing for prior convictions.
By Charlie Alovisetti, Genevieve Meehan, Josh Kappel
May 27, 2022
Do commercial opportunities for entrepreneurs exist in psychedelics? We explore the current limited legal pathways and potential opportunities via proposed legislation and ballot initiatives in this article.
By Travis Copenhaver
Mar 24, 2022
Michigan's MRA recently announced the Class A Marihuana Microbusiness License. This new microbusiness license differs from the original in several interesting ways, which may create a more profitable business model.
Jan 19, 2022
Watch this live session on Thursday, January 27 at 12 p.m. MT to explore the latest in local and national psychedelics policy, with a focus on initiatives in Colorado and Denver.
Dec 13, 2021
Update on psychedelics-related legislation and rulemaking, regulatory changes, and other noteworthy psychedelics news and events.
By Charles Alovisetti, Joshua Kappel, Andrea Golan
Dec 2, 2021
As we wait for federal legalization and/or state-regulated psilocybin markets to emerge, what can a motivated entrepreneur interested in mycelium pursue?
By Shane Pennington
Oct 18, 2021
An introduction to the different registrations available for schedule I substances such as psilocybin and psilocin.
By James Nechleba
Oct 6, 2021
How can mental health practitioners map the new territory of psychedelics use in mental health therapy and stay within Colorado law?
Sep 22, 2021
Barine Majewska presented an entheogen-focused CLE, The Red Flags and Grey Areas in Psychedelic Practice, which illuminates the top 10 issues that attorneys should consider when counseling clients in the psychedelic space.
By Jonathan Cherkoss
Aug 30, 2021
Oregon voters passed two of the nation’s most sweeping drug policy reform measures in U.S. history in 2020, energizing grassroots organizers in Colorado and across the country. What's next for decriminalization and psychedelics reform in Colorado?
Aug 18, 2021
VS director of economics and research, Andrew Livingston, joined The Green Rush Live to discuss the Federal CAO Act and more.
Aug 13, 2021
Vote for the VS-led panel "Psychedelics Ecosystem: Collaboration & Community" to be included in SXSW 2022!
By Shane Pennington
Aug 9, 2021
In what could be a groundbreaking case for psychedelic medicine, VS counsel Shane Pennington is part of a team working on an exciting and very important Ninth Circuit challenge to the DEA's refusal to accommodate state and federal right to try laws.
By Barine Majewska
Aug 4, 2021
When we discuss inclusivity in the quickly emerging psychedelic industry, it is important to also acknowledge the inclusivity of different viewpoints about the administration of psychedelic medicine.
Jul 28, 2021
VS entheogens and emerging therapies attorney Barine Majewska, alongside other leaders in the psychedelic and drug policy space will explore political and policy avenues for ending the war on drugs in this upcoming forum.
By Corey Cox, Caitlin Wightman
May 24, 2021
The Colorado government has enacted several programs aimed at helping businesses and workers adversely impacted by the novel coronavirus (COVID-19).
By Charles Alovisetti, Cassia Furman
Apr 23, 2021
To many in the cannabis industry, REIT is not a common acronym. Yet, as cannabis businesses seek ways to raise funds, REITs are coming up in more and more conversations.
Apr 19, 2021
Christian Sederberg and Barine Majewska will speak on cannabis law and psychedelics during the Cannalaw Summit on May 6, 2021.
Mar 29, 2021
Vicente Sederberg is monitoring local, state, and federal responses to the coronavirus (COVID-19) and how they may impact cannabis businesses, service providers, and consumers.
By Andrea A. Golan, Michelle Bodian
Jan 28, 2021
Cannabis businesses are not eligible for relief under any of the federal COVID-19 aid packages, but members of Congress and industry groups are making significant efforts to include cannabis businesses in federal aid.
By Vicente Sederberg LLP
Dec 1, 2020
For our 10th anniversary, we take a look back at VS's history of leadership in cannabis law, the marijuana and hemp industries, and drug policy reform.
Nov 11, 2020
Josh Kappel and Charlie Alovisetti give a post-election update for investors in this CanopyBoulder Investor Hub event.
Sep 3, 2020
Sahar will present "Curbing Cannabis Cash" at DRI's Cannabis Law Virtual Seminar on September 17, 2020.
By Jerrico Perez
Aug 21, 2020
Vicente Sedeberberg LLP continues to identify exclusive licensing opportunities for our clients. With more winning merit-based applications than any other law firm in the country, our team’s work ethic, dedication, and experience can help elevate your application above the competition.
Aug 13, 2020
This session explores the complexity of mergers and acquisitions and how to optimize taxes to free cash flow for your cannabis business.
Aug 12, 2020
Watch this interview to learn more about the measure to allow Oakland residents to use entheogenic substances in community-based treatments and VS's involvement in drafting the proposed ordinance.
Jul 9, 2020
VS attorney Sahar Ayinehsazian discusses cannabis industry banking and the many reasons why there is a demand for cannabis legal advice during the COVID-19 pandemic on CSE's Hashtag Finance podcast.
By Sahar Ayinehsazian and Kelsey Middleton
May 28, 2020
Vicente Sederberg is monitoring the potential impact of the coronavirus (COVID-19) on cannabis businesses, service providers, and consumers in Michigan.
May 27, 2020
VS partner Josh Kappel chatted about entheogens on The Real Dirt with Chip Baker.
By Jerrico Perez
May 13, 2020
Vicente Sedeberberg LLP continues to identify exclusive licensing opportunities for our clients. With more winning merit-based applications than any other law firm in the country, our team’s work ethic, dedication, and experience can help elevate your application above the competition.
By Charles Alovisetti, Elliot Choi, Sahar Ayinehsazian, Corey Cox
May 5, 2020
The continuing growth of the cannabis and hemp industries has given rise to the need for specifically tailored due diligence.
By Meg Nash, David Gately
Apr 30, 2020
The Massachusetts government has enacted several programs aimed at helping businesses and workers adversely impacted by the novel coronavirus (COVID-19).
By Andrea A. Golan
Apr 24, 2020
While cannabis businesses are not currently eligible for many federal relief programs established in response to COVID-19, they may be eligible for this form of federal relief.
By Andrea A. Golan and Kelsey Middleton
Apr 22, 2020
By Charles Alovisetti, Phil Silverman, Jason Adelstone
Apr 17, 2020
Bankruptcy law provides advantages for financially distressed companies to restructure debt while continuing to operate. Without access to U.S. Bankruptcy Code protections, marijuana companies must turn to out-of-court restructurings and state law insolvency proceedings.
Mar 9, 2020
You received your Michigan cannabis license. Now what? Join VS and Cannabis Legal Group on March 25 to learn about how to take your business to the next level with private financing.
Mar 6, 2020
Learn about cannabis industry best practices for indirect taxes and 280E by watching this webinar replay with tax firm Ryan LLC and attorney Jordan Wellington.
Dec 13, 2019
Join VS and the tax experts at Ryan LLC for a live discussion on cannabis industry taxation, including 280E and best practices for indirect tax issues in the cannabis industry.
By Sahar Ayinehsazian, Associate Attorney
Dec 12, 2019
On December 3, 2019, a group of federal financial regulators took an important step to enable hemp operators to access banking services by publishing hemp banking guidance.
Oct 29, 2019
Watch Vicente Sederberg LLP attorney Sahar Ayinehsazian and HUB International Insurance Services in this on-demand webinar about investments in the cannabis industry.
By Charles S. Alovisetti, Partner
Oct 7, 2019
In addition to federal securities laws, each state and territory has its own securities laws, often referred to as blue sky laws. Cannabis company compliance with these rules may be more important due to heightened regulatory scrutiny.
By Charles S. Alovisetti, Partner; Phil Silverman, Counsel; Jason Adelstone, Law Clerk
Sep 27, 2019
One of the many issues arising out of the tension between state and federal law in the cannabis industry is whether cannabis companies can access the protections of federal bankruptcy law.
Aug 28, 2019
WeedWeek hosts Alex Halperin and Donnell Alexander recently invited VS attorney Sahar Ayinehsazian to discuss cannabis banking on their weekly podcast.
May 22, 2019
Vicente Sederberg was proud to assist the initiative proponents in drafting a measure that can mitigate the harms being caused by current state laws that treat psilocybin possession as a felony offense.
May 8, 2019
Barton Morris, of counsel at Vicente Sederberg and founder of Cannabis Legal Group, VS's strategic partner in Michigan, was selected to be a member of Attorney General Dana Nessel's marijuana legal workgroup.