The Business Journal Features Braden Perry in Medical Marijuana Cash Seizure in Kansas Article
The Dickinson County Sheriff’s deputies recently pulled over a woman driving back to Colorado after stopping in Kansas City to pick up cash from state-legal medical marijuana facilities. She was transporting the cash to a credit union in Colorado when the deputies seized fives bags containing $165,620 in cash. A federal prosecutor has since agreed to take this case to court, pressing the fact that policy called the Cole Memorandum was rescinded by former U.S. Attorney General in 2018.
Braden Perry, partner at Kennyhertz Perry, commented on the news saying it exacerbates issues with marijuana banking and discourages anyone in a highly regulated industry from establishing a business in the state of Kansas.
“I think the majority of people in the medical marijuana, or even the industrial hemp, industry would agree that this was an aggressive action taken by Kansas,” Perry said. “It makes you kind of wonder what the DEA has on its plate to be using its resources on something like this.”
To read this article in full: https://www.bizjournals.com/kansascity/news/2021/10/29/kansas-medical-marijuana-cash-seizure-law-banking.html
Kennyhertz Perry advises clients on a wide range of medical marijuana compliance and regulatory matters. Kennyhertz Perry partner Braden Perry spent time as a Senior Trial Attorney with the Commodity Futures Trading Commission and is well equipped to assist with the banking and other financial issues related to the medical marijuana industry.
Kennyhertz Perry partner John Kennyhertz is former in-house counsel at a private equity firm, and has structured transactions for very small and very large clients alike. He has substantial experience in highly-regulated industries such as online lending, and industries with rapidly-evolving regulations, such as cryptocurrency. He provides medical marijuana operational and compliance counseling and offers advice on appropriate modifications of transaction structure and documentation.
Kennyhertz Perry attorney Ben Tompkins is a former federal prosecutor in Los Angeles as well as a former Trial Attorney for the U.S. Department of Justice Tax Division. He is well versed in providing advice regarding the ever-changing tax landscape in the medical marijuana industry.
Kennyhertz Perry attorney Arthur Chaykin is a former law school professor and head of litigation at Sprint. He is an expert on intellectual property law, and devises creative solutions to protect client’s IP in the medical marijuana industry, even when certain federal protections are unavailable.
Kennyhertz Perry attorney Jeff Donoho is an expert in small business formation and government compliance. His knowledge of the labyrinthine medical marijuana application process helps him provide detailed guidance to clients.
Kennyhertz Perry attorney Mit Winter is a former partner at an AmLaw 100 law firm. An expert litigator, his skill in anticipating issues before they become serious problems is valuable to all clients, and particularly those in the medical marijuana industry. In addition, his skill as a writer makes him a valuable asset to our application writing team.
Kennyhertz Perry attorney Jon Dedon previously worked in the appellate litigation division of an AmLaw 100 law firm. Jon has worked extensively on marijuana and hemp-related regulatory compliance for numerous financial institutions and payment processors. His contacts with executives in marijuana businesses in Washington, California, Michigan, New York, Illinois, Ohio, Oklahoma and California, as well as internationally in Germany, Canada, Colombia, and Australia prove valuable when advising clients regarding medical marijuana in Missouri.
Clients also benefit from Kennyhertz Perry’s experience in related areas of law, such as litigation, banking, securities, tax, intellectual property, employment, insurance, and its regular practice before the Missouri administrative agencies and courts. Medical marijuana clients choose Kennyhertz Perry because the firm’s lawyers tailor their advice to the unique issues presented by each matter they handle.
To learn more about Kennyhertz Perry, LLC, please visit kennyhertzperry.com.
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