Despite projecting no revenue in their first month of adult use sales of cannabis products in Nevada, the state just reported it received $3.5 million in taxes in July. Sales commenced July 1 amid some distribution challenges that were ultimately ironed out. The state is...
According to the Marijuana Business Daily, a Quebec-based producer of medical cannabis has joined a New York medical cannabis licensee in obtaining certification of their products as kosher under Jewish dietary laws. This means that more observant Jews, who seek to restrict their diets to kosher...
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...
The Regulation A+ rules adopted by the SEC in 2015 included scaled reporting obligations to assist in reducing issuers' offering costs as against a traditional IPO. However, if a company is seeking to become a full Securities Exchange Act reporting company, which is required if...
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...
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...
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...
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 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...
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...