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...

Purveyors of initial coin offerings (ICOs) received a strong lashing from the SEC yesterday in declaring that one particular ICO was a securities offering that should have been fully registered with the SEC or met with an exemption from registration. A very new and exploding...

Former NFL star Marvin Washington and others yesterday filed a lawsuit in NY against the US Government and Attorney General Jeff Sessions. The suit is seeking to declare the Controlled Substances Act (CSA), which makes cannabis illegal under federal law, unconstitutional as to its classification...

Update August 1, 2017: The Financial Services Committee approved this bill on July 25, 2017 in a rare 59-0 vote. it now heads to the full House of Representatives. The House Financial Services Committee is considering a bill that would permit full SEC reporting companies to...

I am a proud and patriotic American. Though my political views have evolved at times through my life, so this is truly not a political statement, that has not changed. One hopes that every American, regardless of their feelings on policy, agrees. Patriotism does not...

The Jumpstart Our Business Startups (JOBS) Act of 2012 ushered in a very popular alternative for "emerging growth companies" going public and those utilizing Regulation A+: confidential submission to the SEC of your initial planned registration or offering statement. Unfortunately, companies not considered EGCs or...

An insightful article a few weeks ago on MassRoots (www.massroots.com) urges readers to "rebrand" cannabis and call it by its proper scientific name: cannabis. The piece goes through the apparently racist history of those who adopted the term "marijuana" as they pushed for criminalization of cannabis...

What a month this has been for those of us involved with the Reg A+ movement going back all the way to 2010. Although dozens of Reg A+ deals, raising hundreds of millions of dollars, had closed before this month, virtually none were trading their...