A sole proprietorship is an entrepreneur’s simplest business structure in Texas. While there are benefits to consider in the strengthened protection of a limited liability company or a corporation, people starting “side-hustles” often begin with a sole proprietorship. This simple method allows the new business owner to dip their feet into the pool. Some–through inertia or strategy–may simply continue the structure as the business grows.
The sole proprietorship initiation process lacks the layers of legal requirements standard in other business structures, but it does involve several steps that business owners should follow. A local law firm, like Ritter Spencer, can help new entrepreneurs successfully start a sole proprietorship in Texas. Read below to learn how to take the first step in your sole proprietorship.
As marijuana laws change nationwide, buzzwords such as “legalization” and “decriminalization” arise in the national discourse. State and local governments debate legalization and decriminalization, which may lead to confusion in distinguishing the two terms. In the context of manufacturing and selling cannabis products, decriminalization and legalization have vastly different implications. Since states have different standards for the legality of marijuana, it is important to know the difference between decriminalization and legalization to avoid conflict and confusion when examining your state’s marijuana laws.
Northern and western regions of the U.S. have propelled the national marijuana reform movement in recent years. From the passing of the Rhode Island Cannabis Act to new developments by The New York Cannabis Control Board, northern states continue to lead recent charges in marijuana legalization. But for a few exceptions, the Southern states continue to lag woefully behind.
Southern states have displayed greater resistance to marijuana reform than their northern counterparts. But as the demand for cannabis legalization grows nationally, southern state legislators are taking small steps toward alleviating marijuana restrictions. Read on to explore the South’s stance on the legalization of marijuana state by state.
As the cannabis community grows throughout the United States, more consumers seek the benefits of tetrahydrocannabinol (“THC”) products. Two of the most prevalent forms of THC on the market today are Delta-8 THC and Delta-9 THC (“Δ8THC and Δ9THC”)
Δ8THC and Δ9THC present differences in their chemical makeup, impact on the user, production, and legality. Learn more about the key differences between Δ8THC and Δ9THC below.
As hybrid marijuana strains become more prevalent throughout the cannabis community, it’s important to discuss the anatomy, use, and legality of the most common strains. Though many are familiar with the two marijuana strains, Cannabis sativa and Cannabis indica, it’s crucial to recognize the role of hybrids as well. Read below for a full assessment of the structure and legal status of hybrid marijuana strains in the cannabis industry.
As the cannabis business expands across the nation, many states have set unique regulations concerning dispensaries, licenses, production, and manufacturing. The concept of conditional adult-use dispensaries has garnered the attention of those in the marijuana community, specifically after the Cannabis Control Board of New York drafted the application process for conditional adult-use retail license applications.
Traditional retail licenses can be confusing for those interested in pursuing marijuana entrepreneurship, let alone conditional adult-use dispensaries and permits. At Ritter Spencer, we recognize the importance of being familiar with emerging trends within the marijuana industry. Read below to learn more about conditional use dispensaries.
In 2015, the Texas Legislature enacted the Texas Compassionate Use Act, Senate Bill 339, establishing the Texas Compassionate Use Program (TCUP). Under TCUP, the Texas Department of Public Safety (“DPS”) would create a secure registry for licensed physicians to prescribe low tetrahydrocannabinol (THC) medical marijuana to patients suffering from intractable epilepsy.
The registry, known as the Compassionate Use Registry of Texas (“CURT”), prevents more than one qualified physician from registering as the prescriber for a single patient, verifies patients of low-THC cannabis for dispensing organizations, and allows physicians to input safety and efficacy data derived from their patients who have been prescribed low-THC cannabis.
On Friday, July 1st, 2022, the Texas Supreme Court unanimously reinstated the statutory ban on the processing and manufacturing of smokable hemp products. The Texas Supreme Court found that the hemp companies involved in the challenge had no constitutionally protected right of economic liberty in their chosen profession of smokable hemp processing and manufacturing. Previously, the trial court found the statutory ban to be unconstitutional and entered a permanent injunction against state enforcement of the ban after a lower court rejected the ban in 2019. Read below to learn more about this continued prohibition on smokable hemp and its history.
As marijuana products become more accessible than ever before, the number of cannabis consumers grows worldwide. However, as the market expands, many are unable to identify the major differences or similarities between strains such as cannabis sativa and cannabis indica. This uncertainty is largely due to the disparity between public knowledge and current research. Although the sativa and indica strains are among the most recognizable in the marijuana market, research around benefits and effects is comparatively limited to other substances. Several experts believe that the stigma against marijuana research is due to the plant’s federal Schedule 1 status as an allegedly dangerous and addictive drug.
On September 22, 2021, New York Governor Kathy Hochul announced the final two appointees of the New York marijuana regulatory board. After the legalization of recreational marijuana in New York for adults over the age of 21, the state government implemented a Cannabis Control Board and Office of Cannabis Management to regulate the adult use of marijuana. Statewide regulations for cannabis and its related products bring one of the United States’ biggest cash crops under the rule of law, though they currently vary substantially from state to state. Read below to learn more about New York’s Cannabis Control Board and what the Empire State is doing to enhance its existing marijuana regulatory system.