California Won’t Be Giving Out Cannabis Licenses Eternally

California Won’t Be Giving Out Cannabis Licenses Eternally

California’s cannabis law—the Medicinal and Grownup Disclose Cannabis Regulation and Security Act and its corresponding rules (or “MAUCRSA”)—doesn’t set a cap on the collection of licenses that will be issued. MAUCRSA even envisions that qualified size (Form 5)...
Chamber of  Commerce v. Metropolis of  Seattle

Chamber of Commerce v. Metropolis of Seattle

Lochner v. Fresh York,512×512. 198 U.S. forty five (1905). whereby the Supreme Court divined a liberty of contract to invalidate economically inefficient legislation, has been repudiated as antidemocratic judicial activism.513×513. See identity. at Seventy five...
Illinois Instrument Works Inc. v. Commissioner

Illinois Instrument Works Inc. v. Commissioner

  Tax law struggles to distinguish debt from equity.353×353. Strong definitions of “debt” and “equity” are elusive. That mentioned, a used bond typifies debt — when an organization sells a bond, it obligates itself to pay the a reimbursement, on the entire with...