In the days of the Armada, a fleet of warships, the scuttlebutt was the rumor or gossip that would spread throughout the ship. Today, Armada Law Corp presents The Scuttlebutt, a daily summery of news articles that people within the cannabis, hemp and plant medicine industries are chatting about along with links to the full articles.
In today’s news:
#cannabispolitics – “The effort, spearheaded by Matthew Schweich of the pro-legalization Marijuana Policy Project, which helped to draft the initiative, would mark the third consecutive push for nonmedical cannabis legalization in South Dakota. It was announced Friday by the state attorney general’s office.
A previous legalization proposal was approved by a majority of voters in 2020 only to be struck down by the South Dakota Supreme Court the following year. In 2022, a revised ballot measure was rejected by the electorate, with approximately 53% of voters in opposition.
According to Schweich, the new proposal resembles the 2022 effort in that it limits its effects to legalizing possession and use of cannabis by adults 21 and over and does not create a regulated marketplace for cannabis sales.”
Activists Make 3rd Play To Legalize Pot In South Dakota: https://www.law360.com/articles/1710807?utm_source=android&utm_medium=android&utm_campaign=android-shared
#cannabislawsuit – “A real estate investor accused of helping his son defraud investors as part of a criminal operation to grow and sell cannabis on the black market did not know about the scheme and was left “holding the bag” when federal authorities raided his son’s business, an attorney for the investor told a Denver County civil jury Monday.
Michael “Mike” Pack took a “huge gamble” in purchasing two Colorado warehouse properties to support his son Scott’s venture to lease out buildings to cannabis grow operations, attorney Chris G. Baumgartner of Agilis Legal PC said, adding that the father borrowed from his retirement fund and home equity line to fund the acquisitions.
“Like most parents, Mike wanted to help his son, he wanted to see his son succeed,” Baumgartner said. “Unfortunately for him, he learned this trust was misplaced.””
Pot Scammer’s Dad Says He Wasn’t In On Black Market Scheme: https://www.law360.com/articles/1710702?utm_source=android&utm_medium=android&utm_campaign=android-shared
