Should The Secretary Of State Accept Filings By Cannabis-Related Business Entities?
Posted on November 01, 2024

Seven years ago, the California Secretary of State announced the debut of "Cannabizfile", a portal "for all information relevant to cannabis-related business and trademark filings with the Secretary of State". According to the Secretary of State's...

Court Of Appeal: "We regret to inform that cannabis is illegal in California because federal law says so."
Posted on October 31, 2024

In November 2016, the voters of California adopted  Proposition 64 - the Medicinal and Adult-Use Cannabis Regulation and Safety Act, Cal. Bus. & Prof. Code § 26000 et seq. The act established a basic framework for licensing, oversight and enforcement...

Do Corporate Boards Necessarily Breach Their Fiduciary Duties When They Approve Illegal Conduct?
Posted on September 19, 2023

In a recent blog post on the Business Law Prof Blog, Tulane Law professor Ann M. Lipton opined:

Does California Charter Law Breakers?
Posted on May 12, 2023

As Vice Chancellor, Leo E. Strine Jr. once declared "Delaware law does not charter law breakers".  In re Massey Energy Co., No. CIV. A. 5430-VCS, 2011 WL 2176479, at *20 (Del. Ch. May 31, 2011). The California General Corporation Law seems to echo...

Despite Decriminalization Of Adult Recreational Use Of Marijuana, Court Finds Its Use Is Not Lawful
Posted on August 12, 2022

Nevada's voters decriminalized adult recreational use of marijuana by voter initiative.  See Secretary of State, Statewide Ballot Initiative Question No. 2, 14 (Nov. 8, 2016, effective Jan. 1, 2017). Marijuana nonetheless remains illegal under...

Cannabizfile Comes To California
Posted on December 13, 2017

California Secretary of State Alex Padilla wants to help entrepreneurs in California by launching a new online business portal.  According to Secretary of State's press release, the new portal, coined "Cannabizfile", provides useful information about...

1