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Steve Schain

Steve Schain

March 19, 2021 | The Legal Intelligencer

NJ Clobbers Cannabis Licensing Suits and Launches Triumphant Adult Use Program

With the Eastern seaboard's most ambitious adult use program primed to explode, New Jersey's Superior Court Appellate Division just lifted its "stay" on scoring 18-month-old medical marijuana applications clearing the way for five cultivation, 15 dispensary and four vertically integrated license awards.

By Steve Schain

8 minute read

January 15, 2021 | The Legal Intelligencer

Why Cannabis Is Shut Out of $900 Billion Economic Aid Act

In tranches of up to $10 million, the federal government is doling out $900 billion of forgivable loans to borrowers other than "plant touching" marijuana-related businesses (MRBs).

By Steve Schain

7 minute read

December 14, 2020 | The Legal Intelligencer

Why Jersey's Adult Use Program Will Ignite East Coast Cannabis

With 44 million consumers banging on its door, and $950 million of revenue projected over the next three years, New Jersey's adult use marijuana program is poised to define cannabis across the eastern seaboard.

By Steve Schain

8 minute read

November 03, 2020 | The Legal Intelligencer

Why Explosive Applications Create Bulletproof Marijuana Businesses

Like any other contest, the competitive process for obtaining a license to grow, process and sell marijuana is won before the application is submitted but can also yield a blueprint for launching a lucrative, compliant and saleable cannabis business.

By Steve Schain

10 minute read

August 27, 2020 | The Legal Intelligencer

Cannabis-Infused Products and How to Transport Them

Generating $11.6 billion of revenue in 2019, and legal in 34 states, marijuana is mainstream, profitable and intensely regulated.

By Steve Schain

6 minute read

May 01, 2020 | The Legal Intelligencer

The Cannabis Industry's COVID-19 Disaster Recovery Playbook

For legalized marijuana, the coronavirus (COVID-19) pandemic has been the worst of times and the best of times.

By Steve Schain

11 minute read

March 19, 2020 | The Legal Intelligencer

Beyond Marijuana: How Psychedelics Became the Next Big Wave

Feeling kind of blue? Experiencing intimacy issues or just plain anxious? Help may be right around the corner in the form of legalized hallucinogens.

By Steve Schain

8 minute read

January 16, 2020 | The Legal Intelligencer

Hemp Eruption Favors New Jersey First

While leaving unanswered questions about how the U.S. Food and Drug Agency (FDA) will regulate hemp-derived products (including CBD cosmetics, dietary supplements and food additives), this much is clear: hemp just erupted and Jersey got there first.

By Steve Schain

8 minute read

October 25, 2019 | The Legal Intelligencer

Final Frontier for Cannabis Businesses: Bankruptcy Protection

Most businesses fail, marijuana businesses fail more greatly, but neither marijuana businesses, nor their owners, are entitled to bankruptcy law protection.

By Steve Schain

9 minute read

August 29, 2019 | The Legal Intelligencer

How to Move and Bank Cannabis Cash in the US and Beyond

Spanning 34 states and generating $10.8 billion domestically in 2018, banking and cash management is one of legalized marijuana's greatest obstacles.

By Steve Schain

10 minute read