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Reporting Requirements Under the CTA: What Businesses Need to Know

The Corporate Transparency Act (the “CTA”) marks a significant shift in the U.S. corporate regulatory landscape. Aimed at curbing illicit financial activities, the CTA requires many companies to disclose certain information...more

What We Know From New York’s Revised Cannabis Regulations

Last week New York’s Office of Cannabis Management (“OCM”) released revised Adult Use Cannabis Regulations (the “Revised Regulations”). The Revised Regulations do not make any major changes, however, the Revised Regulations...more

Senate Bill 23-290 Has Passed the Colorado Senate and Is Heading to the House of Representatives

Colorado voters approved Proposition 122, or the Natural Medicine Health Act (“NMHA”) in November of 2022. The goal was to make “Natural Medicine” (as defined in the NMHA) available to those who could benefit from is use....more

Maintaining Cannabis as a Schedule I Drug Continues to be an Increasingly Difficult Stance for the Federal Government

Federal Prohibition is Preventing Widespread and Additional Research The Mayo Clinic recently published a special edition of its Mayo Clinic Magazine, titled Medical Marijuana: The Science and Benefits...more

New York’s Recreational Marijuana Landscape: Key Takeaways

On March 31, 2021, Governor Andrew Cuomo signed the Marijuana Regulation and Taxation Act (“MRTA”), legalizing recreational cannabis use in New York state for adults 21 years or older. The move is expected to generate tens of...more

MORE Act Brings Congress Closer to Cannabis Legalization

Late August, an email from Majority Whip Jim Clyburn’s (D-S.C.) office revealed that the U.S. House of Representatives will be voting in September on historic legislation to decriminalize. Confirmed in a letter from House...more

Bankruptcy Alternatives for the Cannabis Industry

As many Americans are faced with the fallout of the COVID-19 pandemic, some business owners are now tasked with creating a clear path forward without traditional means of financial relief. Of its many tragic consequences,...more

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