The Securities and Exchange Commission (SEC) recently released a staff report reviewing the definition of "accredited investor" in Rule 501(a) of Regulation D under the Securities Act of 1933 (Securities Act), as required at...more
On April 25, 2023, the Minnesota House passed House File 100 (HF100), a bill authorizing adult-use cannabis, by a vote of 71-59. Three days later, the Minnesota Senate passed Senate File 73 (SF73), a companion bill to HF100,...more
During an open meeting last week, the Securities and Exchange Commission (SEC) voted 3 to 2 to adopt amendments modernizing the description of business (Item 101), legal proceedings (Item 103), and risk factors (Item 105)...more
On August 26, 2020, the Securities and Exchange Commission (SEC), by a 3-to-2 vote, adopted amendments to the definition of “accredited investor” in Rule 501(a) of Regulation D under the Securities Act of 1933, as amended...more
The new year could bring big changes in Pennsylvania for cannabis businesses and individuals who use cannabis products. Here are some of the state bills introduced in 2019 to keep an eye on in 2020....more
With the strike of a gavel on Wednesday, September 25, the House of Representatives overwhelmingly passed the Secure and Fair Enforcement (SAFE) Banking Act of 2019. This bipartisan bill represents the first time a body of...more
In the first West Coast regulatory backlash against vaping, on Monday, September 16, 2019, California Governor Gavin Newsom issued an executive order requiring stronger regulation of vaping in the state. While Newsom’s order...more