Relocation | Jones & LoBello

What issues can be covered in a premarital agreement? As we have stated in some of the prior blog posts on this subject, the requirements of premarital agreements are not necessarily as straightforward as the ones found in arm’s length contracts generally made between parties under the law. This is because of the fiduciary relationship … Read more

There has been recent news regarding hackers stealing the Title of homes without the homeowner knowing it. While we have not personally seen this, it has happened to homeowners & it is VERY expensive to get this corrected (if it can even be corrected). There was even a national TV show exposing this problem. There … Read more

Relocation | Jones & LoBello

Relocation Basics When you are seeking to relocate and the other parent will not agree, you must petition the court for permission to do so. In custody cases, the child’s best interest is the polestar of the Court’s decision-making. With that said, the requirements for relocating depend upon the nature of the custodial arrangement at … Read more

Prenuptial | Jones & LoBello

Prenuptial Agreement If you have decided that a premarital or prenuptial agreement is the right decision for you, it is important that you and your spouse each obtain adequate and independent legal representation. While it is true that you usually do not need an attorney representing you in order to agree to a contract, premarital … Read more

Digital Privacy, Social Media | Jones & LoBello

Technology and your data privacy may be the last thing on your mind you are getting divorced. With that said, it’s critical to assess your digital footprint and protect your data privacy while going through a breakup. We store all of our personal information on our devices, and people are accessing their exes electronically stored … Read more

Estate Planning | Guardianship

While every situation is different, it is generally advisable for a couple to enter into a premarital agreement before they get married for many reasons.  Here are the top reasons why you should get a premarital agreement before taking the plunge with your significant other. Schedule a Consultation Taking Inventory An essential part of the … Read more

Social Media, Texting | Jones & LoBello

Message Preservation Why is it important to properly preserve text messages and messaging app content? Text messaging and messaging apps (such as WhatsApp) are one of the most popular ways that people communicate on a daily basis.  Therefore, it’s no surprise that text messages, iMessages and content in popular messaging apps (such as WhatsApp messages) … Read more

Social Media, Texting, Email

Social Media: Cut all ties For many reasons, it is almost always advisable to cut all social media ties with your spouse when you are in the midst of a divorce. This is true for both personal and legal reasons, as removing or blocking your spouse from your social media should help both of you … Read more

Jones & LoBello, Attorneys at Law | Divorce, Custody, Estate Planning, Asset Protection

FOR IMMEDIATE RELEASE Four Jones & LoBello attorneys Named 2021 Mountain States “Super Lawyers” Las Vegas, Nevada (July 14, 2021) – Jones & LoBello, PLLC is pleased to announce that four Attorneys from Jones & LoBello have been selected to the 2021 Mountain States Super Lawyers list. Jones & LoBello represents clients in multiple areas … Read more

Cannabis | Jones & LoBello

Cannabis investors, and those following legalization, have been on quite the ride since the start of 2021 with this industry’s stocks soaring and plunging in a matter of hours. On or about February 10, 2021, year-to-date gains for Tilray (TLRY) exceeded 670%, Canopy Growth (CGC) 110%, and Aurora Cannabis (ACB) 20%. The very next day, these cannabis stocks tumbled quite a bit. 

Reddit & Shifting Public Perception

Cannabis has been a blazing hot topic on the newsworthy WallStreetBets Reddit thread lately but this Reddit army isn’t the only factor driving the recent stock trading activityA shifting public perception and political landscape are also primary contributors. According to a recent Gallup poll, a record-high 68 percent of Americans (including 83 percent of Democrats and 72 percent of Independents back marijuana legalization). 

Cannabis Leaf

Growing Support for Medical Cannabis Legalization

President Biden’s administration has indicated support for medical cannabis legalization, the modest rescheduling of cannabis under federal law, expunging prior cannabis convictions, and allowing states to enact their own cannabis laws without federal intervention.  In addition, this year, the Democrats regained control of the House and Senate for the first time since 2011, and a trio of U.S. Senators are leading the push for comprehensive federal cannabis reform legislation.

On February 1, 2021, Senators Cory Booker (D-NJ), Ron Wyden (D-OR) and Chuck Schumer (D-NY) issued the following joint statement on their commitment to advancing this legislation:

The War on Drugs has been a war on people—particularly people of color. Ending the federal marijuana prohibition is necessary to right the wrongs of this failed war and end decades of harm inflicted on communities of color across the country. But that alone is not enough. As states continue to legalize marijuana, we must also enact measures that will lift up people who were unfairly targeted in the War on Drugs. 

 We are committed to working together to put forward and advance comprehensive cannabis reform legislation that will not only turn the page on this sad chapter in American history, but also undo the devastating consequences of these discriminatory policies. The Senate will make consideration of these reforms a priority. 

 In the early part of this year, we will release a unified discussion draft on comprehensive reform to ensure restorative justice, protect public health and implement responsible taxes and regulations. Getting input from stakeholder groups will be an important part of developing this critical legislation. 

Even prior to Biden’s presidency, support for cannabis legalization or at least, decriminalization, steadily increased over the past several years and more lawmakers are publicly advocating for the same. On December 4, 2020, Congress voted 228-164 to pass H.R. 3884—the Marijuana Opportunity Reinvestment and Expungement Act of 2019 (the “MORE Act”).

MORE Act

On the business side, the MORE Act would allow the SBA to provide loans and other relief to cannabis and cannabis-ancillary businesses and would completely remove marijuana from the federal Controlled Substances Act (decriminalizing and descheduling it). The descheduling of marijuana would eliminate the banking access woes, IRC 280E tax implications and intellectual property protection issues which are faced by these businesses as a result of the conflict between federal and state laws.  

 

Medicinal Marijuana Image

Questions? Shannon M. Wilson, Esq. has been practicing corporate, transactional, and regulatory compliance law in the marijuana industry since 2016.