As we first contemplated here back in March, in a surprise announcement on August 10, New York Gov. Andrew Cuomo resigned amid his sexual harassment scandal. The resignation is effective around August 25. At that time Lt. Gov. Kathy Hochul takes over as the state's...
As everyone in the cannabis industry now knows, on July 14, 2021, Senate Majority Leader Chuck Schumer (D-NY) introduced the long awaited proposed Cannabis Administration and Opportunity Act, weighing in at 163 pages. The public can comment on the bill until September 1. In general,...
First, thanks so much to my friend and Mexico City attorney Elias Lisbona Jassán of Perez Ferrer Abogados, who co-authored this piece with me. To answer the question in the headline, I think the legal term is “sort of.” This topic, of course, is important not...
Seems like a simple question no? Of course it actually is not. In my third book, The Entrepreneur's Growth Startup Handbook (John Wiley & Sons), an early chapter seeks to provide the surprisingly elusive answer to this query. First I clarify that we are not talking...
Yesterday a major special purpose acquisition company (SPAC) merger announcement made some exciting news in cannabis. The Nasdaq-listed SPAC agreed to merge with four different US cannabis companies that are growing, processing and selling state-legal cannabis, with an over $200 million value. But the SPAC...
On this day a year ago, I uploaded a post entitled, "Coronavirus Impacting Cannabis Industry." In fact it was my first post on the virus. It started as follows: "It is about all anyone is talking about, understandably." Mostly it was discussing the closing of travel...
NY Gov. Andrew Cuomo with Lt. Gov. Kathy Hochul at a Covid briefing. Unless you have turned off the news, you are aware that Gov. Andrew Cuomo (D) of New York has been accused by three women of inappropriate behavior, including sexual harassment and unwanted contact....
In a slowly growing national trend, on February 3, Cambridge, MA, the home of Harvard University, moved to decriminalize a group of psychedelics. Thus Cambridge joins the cities of Somerville, MA (which acted last month), Oakland and Santa Cruz in CA and Ann Arbor, MI, along...
As we reported in November, just before the election, the then Republican-controlled SEC approved, in a 3-2 vote, increases in the maximum a company can raise under Regulation Crowdfunding (to $5 million) and Regulation A+ (from $50 to $75 million). The increases were due to...
For those who are not subscribers to Law360, they ran an interesting piece today on "cannabis litigation to watch in 2021." This brief article is almost 2500 words! The newsiness of it, to me, is how much litigation we are dealing with currently in the cannabis...