Welcome back to Higher Law, our weekly briefing on all things cannabis. I’m Cheryl Miller, reporting for Law.com from Sacramento.

This week we’re looking at:

• SEC charges in an alleged fruit-and-cannabis scheme.
• Maine’s defense of its medical marijuana residency law.
• A shareholder suit in a de-SPAC deal
• King & Spalding’s work on a CBD gum deal that went awry.