Is the number 3884 magic? It is if you are a supporter of legalizing adult use of cannabis in the United States. That is because HR 3884 is the bill the House of Representatives just passed by a party-line vote of 228-164* to federally decriminalize...
As the final counts are being completed in the Presidential election, one thing is certain. Montana, Arizona, New Jersey and South Dakota have become the latest US states to legalize adult use of cannabis. New Jersey, in particular, is of interest to my home state...
In a very big pre-Election Day surprise, the Securities and Exchange Commission today took a few significant steps to enhance access to capital for smaller companies, with the stated intention to "harmonize, simplify, and improve the multilayer and overly complex exempt offering framework." The new...
Pick an issue. Coronavirus. Healthcare. Law and order and unlawful rioting. Cannabis and hemp. Immigration. The economy and the stock (and bond!) market. Abortion. Race relations, white supremacy, black lives matter and equality. Court appointments. Our relationships abroad, both friend and foe, on both security...
It has taken almost 20 years, but the SEC has proposed a multi-tiered approach to allowing "finders," who are not registered with broker-dealers, to raise money for private companies without being registered. This is especially important for smaller companies that do not get the attention...
My loyal blogees know that I do not write about politics. Today I present as a patriotic American and very proud New Yorker. I wish solely to pause as we see that the total announced deaths in the US from the COVID-19 pandemic has now...
On August 26, 2020, the Securities and Exchange Commission approved allowing the New York Stock Exchange to permit "direct listings" of newly public companies. The Nasdaq has had this ability for several years- companies like Spotify took advantage of this alternative method of going public....
After years of endless discussion, the Securities and Exchange Commission just announced an expansion of the definition of "accredited investor" under SEC rules and Regulation D in particular. Many companies, both public and private, who seek private investments limit their offering to accrediteds primarily because...
While a few states' efforts to move ahead with voter referendums on legalizing cannabis have been stalled or frustrated by the global pandemic, at least six states will be voting on some form of legalization of cannabis this year. As of now, Arizona, South Dakota,...
In the classic 1969 novel Slaughterhouse Five, whenever death arrives, author Kurt Vonnegut's somewhat tortured Billy Pilgrim shrugs and says, "So it goes." The phrase is actually repeated over 100 times in the book. It is not meant to be flip, as the time-traveling character knows...