‘The Clash Between State and Federal Law in the Cannabis Industry’: 4 Key Takeaways on Federal Policy Reform Efforts

‘The Clash Between State and Federal Law in the Cannabis Industry’: 4 Key Takeaways on Federal Policy Reform Efforts
Cannabtimes

<![CDATA[Will federal law ever catch up to state policy reform that has allowed the cannabis industry to flourish in state-legal medical and adult-use programs across the country?Law firm Cozen O’Connor hosted a June 16 webinar, “The Clash Between State & Federal Law in the Cannabis Industry – Where We are, Where We are Going, and What Lies Ahead” to offer some answers to this question.Jeremy Garvey, co-chair of Cozen O’Connor’s Capital Markets & Securities team, moderated a panel with Joseph Bedwick, chair of the firm’s Cannabis Industry team, and Patrick Martin, managing director of the firm’s public strategies team, who both stressed that the disconnect between federal prohibition and state-legal programs has led to incongruities and difficulties that are not seen in any other industry.While they said that federal lawmakers tend to follow public opinion at a slow pace, Bedwick and Martin noted that policymakers also typically shy away from overly complicated issues.What does that mean for the future of federal cannabis policy reform?Here, Bedwick and Martin share four key takeaways on the topic.1. The Supreme Court could ultimately decide the fate of federal cannabis policy—or push Congress to do so.Supreme Court Justice Clarence Thomas has called the current federal policy on cannabis “a half-in, half-out regime that simultaneously tolerates and forbids the local use of marijuana,” but Bedwick told Cannabis Business Times that, at the same time, the U.S. Supreme Court seems hesitant to take up cannabis-related cases or issue a significant ruling that could, for example, reschedule or deschedule cannabis at the federal level.Earlier this year, the Minnesota Supreme Court ruled that, due to cannabis’s federally illegal status, a worker’s compensation insurer does not have to cover the cost of medical cannabis. The U.S. Supreme Court has been petitioned to take up the case because states have been…

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Source : ‘The Clash Between State and Federal Law in the Cannabis Industry’: 4 Key Takeaways on Federal Policy Reform Efforts

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