‘Washington’
Why We Won’t Learn Much from a New Products Liability Lawsuit Against Marijuana Vape Manufacturers
Oct. 4, 2019—A plaintiff has just filed a products liability lawsuit against several companies that manufacture (or sell) marijuana vape products. The plaintiff blames the Defendants’ products for a lung illness he has recently experienced. The complaint in Wilcoxen v. Canna Brand Solutions, LLC, et al., was filed in Washington State court on September 23, 2019. Several...
Is Small Marijuana Doomed?
Dec. 29, 2017—FiveThirtyEight has just published an article detailing some interesting trends in the marijuana market in Washington state. I found two statistics particularly striking. First, the average retail price of a gram of flower has dropped 77 percent from July 2014 to December 2017. The average price is now $7.45 versus $32.48 when stores first opened...
It’s Getting Easier for Marijuana Companies to Open Bank Accounts
Dec. 6, 2017—Stateline has a nice article today (posted here) suggesting that marijuana suppliers are increasingly able to obtain financial services from banks and credit unions. The article notes that as of June 2017, roughly 400 banks and credit unions reported providing services to marijuana-related businesses. It suggests that some states (like Washington) have facilitated access by helping these banks comply with the Treasury...