Troutman Pepper Locke Cannabis Communications Newsletter — June 3, 2025

Troutman Pepper Locke’s Cannabis Practice helps clients throughout their business cycle enter or expand into the cannabis space. Our team combines the resources of attorneys in areas such as licensing and taxation, regulatory compliance, corporate and transactional, intellectual property, and real estate, among others, to provide comprehensive services.

Our Cannabis Practice provides advice on issues related to applicable federal and state law. Cannabis remains an illegal controlled substance under federal law.

Cannabis Regulatory Updates

Colorado Cracks Down on Hemp Misrepresentation

By Jean Smith-Gonnell and McKayla Riter

On May 14, Colorado Attorney General (AG) Phil Weiser announced that the state reached a settlement with MC Global Holdings, LLC, its associated companies, and owners (collectively MC) to resolve allegations that MC’s business practices violated the Colorado Consumer Protection Act (CCPA).

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A Path Forward for Colo. Pot Products After Failed Safety Test

By Jean Smith-Gonnell and Cole White

Published in Law360 on May 23, 2025. © Copyright 2025, Portfolio Media, Inc., publisher of Law360. Reprinted here with permission.

In the rapidly evolving landscape of Colorado’s cannabis industry, maintaining compliance with state regulation is not just a legal obligation but a critical component of business strategy. As cannabis products undergo rigorous testing, the potential of product contamination looms large, posing significant challenges for licensees.

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Can Cryptocurrencies Solve Cannabis Business Banking Challenges?

By Jean Smith-Gonnell

Jean Smith-Gonnell, a leader of Troutman Pepper Locke’s Cannabis Industry practice, was quoted in the May 21, 2025 MJBizDaily article, “Can Cryptocurrencies Solve Cannabis Business Banking Challenges?”

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