Steven Schain

Steven Schain

July 12, 2018 | The Legal Intelligencer

Preparing for Marijuana Industry Lawsuit Tidal Wave: The Claims (Part I)

Editor's note: This is the first in a two-part series.“The international market for cannabis is projected to hit $31.4 billion by 2021. Currently,…

By Steven Schain

2 minute read

June 01, 2018 | The Legal Intelligencer

Industrial Hemp: Legalized Marijuana's More Lucrative Sibling

Derived from the identical plants, much easier to cultivate, and profoundly more profitable, industrial hemp lacks legalized marijuana's glamour and intrigue.

By Steven Schain

1 minute read

May 03, 2018 | The Legal Intelligencer

Trump Administration Bars SBA Loans to Cannabis Industry Support Businesses

In a policy notice effective April 3, the U.S. Small Business Administration (SBA) updated its standard operating procedures (SOP) to prohibit providing loans to both marijuana- and hemp- related businesses and businesses deriving any gross revenue from sales to marijuana related businesses (MRBs) including those providing lighting, hydroponic equipment or testing services (SBA policy notice).

By Steven Schain

9 minute read

March 26, 2018 | The Legal Intelligencer

New Jersey and Adult-Use Marijuana—Perfect Together?

How gung ho is New Jersey's proposed adult-use marijuana program? Beyond generating tens of millions of annual tax revenue, New Jersey's adult-use marijuana program will decimate neighboring states' medical marijuana programs.

By Steven Schain

7 minute read

August 29, 2016 | The Legal Intelligencer

Canna Business 101: Pa. Grow/Processor Regulations

With Arizona recently receiving 750 applications for 31 medical marijuana dispensary licenses, Pennsylvania's Department of Health is bracing for the tidal wave of medical ­marijuana program applications for the 25 grow/processor and 50 dispensary permits.

By Steven Schain

12 minute read

July 28, 2016 | The Legal Intelligencer

Canna Business 101: Funding Types and Sources

Joining 24 states and the District of Columbia, legalized medical cannabis has come to Pennsylvania. If even less than 1 percent of its 12.8 million residents participate, the commonwealth's medical marijuana program will be ­populated by more than 100,000 card holders, which ­leading trade publication Marijuana Business Daily estimates will generate $100 to $150 million in annual sales revenue.

By Steven Schain

6 minute read