SEC Small Business Advisory Committee Wraps Up Work

Last week the SEC’s Advisory Committee on Small and Emerging Companies finished its work. The Committee is anticipated to be succeeded by the new Small Business Capital Formation Advisory Committee mandated by statute. A few highlights of their final recommendations to the Commission (all good to me!): Private placement brokers – a more than 10

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House Overwhelmingly Passes Bill to Allow Reporting Companies to Use Reg A+

HR 2864, the “Improving Access to Capital Act,” passed the US House of Representatives on September 5, 2017 with a lopsided bipartisan vote of 403-3. The short bill directs the SEC to permit full Securities Exchange Act reporting companies to use Regulation A+ for a public offering. Previously, only non-reporting companies could utilize the new

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Netflix Launches Cannabis Products to Promote Shows

Netflix found an interesting way to promote their new show Disjointed, which will star Kathy Bates as the operator of a California cannabis dispensary. They partnered with a California medical cannabis seller to operate a pop-up shop selling 12 different cannabis strains named and developed based on 10 of Netflix’s shows. According to MJBizDaily, the 3-day

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Illegal Synthetic Cannabinoids’ Use Growing

Unfortunately, the use of synthetic cannabinoids has been growing worldwide and especially here in the US. Synthetic products, available over the Internet and inexpensive, start with natural herbs and flowers but add manufactured cannabinoids to create the “high.” The problem is that the synthetic product does not work the same as the natural cannabis plant,

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New Hampshire Latest to Decriminalize Cannabis

Last month New Hampshire became the 22nd US state to eliminate jail sentences for marijuana possession. The states that have decriminalized now are: Connecticut, Delaware, Illinois, Maryland, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New York, North Carolina, Ohio, Rhode Island and Vermont, in addition to the 8 states (plus DC) that have legalized adult use

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What the H%*k? Password Guru Regrets Advice

The Wall Street Journal reports that Bill Burr, who worked for the US Government, in 2003 issued a guide on the best way to create strong passwords. Combine letters, numbers and symbols he said. Change it regularly he said. Burr now admits he messed up. “Much of what I did I now regret,” he says in

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Cannabis Company Buying Entire Town for Tourism

Phoenix based American Green Inc. is buying the entire town of Nipton, CA, all 120 acres of it. They want to turn the town into a cannabis tourism destination. Nipton, population 20, is a mere 60 miles from Las Vegas and about 3 hours from Los Angeles or, as the current owner described it as

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Massachusetts Approves Cannabis Adult Use Legislation

Eight months after Massachusetts voters approved legal adult use of cannabis, reluctant Republican Gov. Charlie Barker signed legislation to start a year long phase-in of permitting adults to buy and use cannabis. The expectation is that the first stores will be open by next July. The legislation imposes a 20% tax on adult use cannabis,

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