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The Cannabusiness Key

June 5 at 12:00 pm EDT


Hosted by Offit Kurman and featuring Cannabis Practice Group attorneys and experts from outside the firm this monthly, hour-long webinar series addresses operational and legal issues affecting those in legalized cannabis industry. The series is designed for applicants for, and operators of, legal cannabis businesses as well as business owners and service providers servicing the industry. Sign up here to receive email invitations to The Cannabusiness Key in your inbox.

Hemp Update 2020 Implementation of the 2018 Farm Bill – USDA, FDA and Select State Updates

Eric Steenstra is returning to join us for an update on the implementation of the hemp-related measures in the 2018 Farm Bill and various state-level initiatives.

The passage of the 2018 Farm Bill was a game changer for hemp in the US and globally. The multibillion hemp industry has just begun to take hold and the Farm Bill is expected to supercharge growth in this space.

Join Offit Kurman Business Law and Cannabis attorney Jason Klein, as he hosts a talk with Eric Steenstra, president of the influential political advocacy organization Vote Hemp, to give an overview of the status of the federal and state implementation of the Farm Bill, including recent updates from the FDA, USDA and others. Eric will also be discussing what steps various states, including Maryland, have taken to pursue hemp cultivation in their area, what you can expect from the 2020 hemp growing season, and what lingering effects, if any, you should expect from COVID-19.

Join us on Friday June 5th for our webinar on this exciting topic!

This webinar will be presented in video format and will feature broader engagement opportunities for attendees to interact with the Mr. Steenstra and Mr. Klein.

About Eric Steenstra

Eric June webinar

Eric Steenstra is a hemp industry pioneer, co-founding hemp clothing and lifestyle brand Ecolution with Steve DeAngelo in 1992. Eric was a founding member of the Hemp Industries Association (HIA) and served as Executive Director from 2008 to 2016. Eric now serves as the president of Vote Hemp, the political advocacy organization that he co-founded in 2000 and Vice President of the California Hemp Council. He is a frequent speaker at industry conferences and trusted source to the media, including CBS, New York Times, Forbes, CNN, Rolling Stone, Reuters and the Washington Post.

Vote Hemp lead the effort to pass hemp farming legislation nationwide. In 2005, Steenstra worked with Congressman Ron Paul (R-TX) to draft the first modern U.S. hemp legislation introduced in Congress (H.R. 3037). In 2012 he worked with Senator Ron Wyden (D-OR) to get companion hemp legislation introduced in the U.S. Senate (S. 3501). Steenstra worked with Congressman Polis (D-CO) and Senate Majority Leader McConnell (R-KY) to have hemp legislation included in the 2014 Farm Bill. The 2014 Farm Bill authorized the first legal hemp farming in over 50 years and resulted in 78,176 acres of hemp being planted across 24 states in 2018. Vote Hemp also played an integral role in the passage of the 2018 Farm Bill including fully removing hemp from the Controlled Substances Act.

Friday, June 5th

12:00 – 1:00 PM EST


Jason Klein
Attorney at Offit Kurman

Jason Klein is a business attorney who focuses on cannabis in tightly-regulated markets on the east coast. Working with direct and ancillary cannabis businesses since 2011, Mr. Klein has a long track record assisting his clients in successfully navigating challenging regulatory and business operating environments amid uncertainty in new marketplaces. Mr. Klein guides cannabis clients through every stage of the business life-cycle, from business formation to sale. Mr. Klein's passion is structuring and negotiating all aspects of buy-side and sell-side M&A deals, including maneuvering through complicated compliance issues and applying traditional solutions to modern problems in ways that bring buyers and sellers together to complete their most important transactions.



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The Cannabusiness Key 2020 Archives

05/01/20 - Key Finance and Tax Issues Cannabis Companies Should Focus on as They Grow.  Video

The Cannabusiness Key 2019 Archives

12/06/19 - Cannabinoid Clinical Research. Video

11/01/19 - Vaping Crisis. Video

10/04/19 - The Future of Infused Products. Here

06/28/19 - Compliance as a Competitive Advantage. Video

05/21/19 – How to Improve After-Tax Profits for a Cannabis Business. Video

04/05/19 – Hemp Update: Developments since the Passage of the 2018 Farm Bill. Video

03/01/19 – Maryland's New Grower Processor Licences. Video

02/01/19 – Lessons from the Litigator: What Your Cannabis Business Formation Documents Should (and Shouldn't) Say. Video
01/04/19 – New Jersey's Medical Cannabis Program: Past, Present, and Future. Video

The Cannabusiness Key 2018 Archives

12/07/18 – The State of Play of Hemp and CBD Markets. Video
11/02/18 – How Cannabis is Redefining E-Commerce. Video
10/05/18 – Information Technology Issues in the Cannabis Industry: Challenges and Solutions. Video
09/07/18 – Cannabis up North! Regulatory and IP Issues Under Canada's New Adult Use Market. Video
07/20/18 Brands Built for Expansion: Interstate and International Cannabis Strategy Session. Video
06/01/18 – Tax Reform Act and its Impact on Maryland's Medical Cannabis Industry Owners. Video
05/04/18 – Good Manufacturing Practices (GMP) and Cannabis/Hemp. Video
04/06/18 – The Emerging Role of the Chief Experience Officer (CXO) in the Cannabis Industry. Video
03/02/18  Canna Business Valuation Methods and Metrics. Video
02/02/18  Medical Ethics and Patient Advisory in Your Cannabis Business. Video
01/05/18  How Dispensary Employees Can Effectively Assist Medical Cannabis Patients. Video

The Cannabusiness Key 2017 Archives

11/03/17  Maryland Medical Dispensary Association. Video
10/06/17  Medical Cannabis Clinical Trials. Video
09/01/17  Before You Borrow: How To Avoid Bad Money and Onerous Loan Obligations In Your Cannabusiness. Video
08/04/17 – Real Estate for Cannabis Businesses. Video
07/14/17 – An Ounce of Prevention is Worth a Pound of Cure Commercial Insurance Preparation. Video
06/02/17 – Takoma Wellness Center: Four Years Dispensing Medical Cannabis 300 ft. across Maryland State Line. Video
05/10/17 – Can Medical Cannabis for Pain Really Help with the Opioid-Dependency Epidemic? Video
04/07/17 – Cannabis Policy and Practice in the Trump Era. Video
03/10/17 – Licensing Considerations for Your Cannabusiness. Video
02/16/17 – Pesticide Issues for Your Cannabusiness. Video
01/13/17 – Security Essentials for Your Cannabusiness. Video



June 5
12:00 pm - 1:00 pm
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