News & Analysis as of

Entrepreneurs Marijuana Related Businesses

Bradley Arant Boult Cummings LLP

Federal Appeals Court: Pay That Man His Money, Unless That Money Is Illegal Marijuana Money

Good news, bad news if you’re a cannabis operator that owes money to a creditor. But probably bad news for the rule of law. A federal appellate court has ruled that a cannabis operator is obligated to repay his debts to...more

Fox Rothschild LLP

Outlook Still Hazy for Cannabis Companies’ Access to Bankruptcy

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If finalized, the Drug Enforcement Administration’s (DEA) recent recommendation to reclassify cannabis from a Schedule I to a Schedule III substance has the potential to open important doors to businesses in the legal...more

Bradley Arant Boult Cummings LLP

What Big Tobacco's Cannabis Investments Mean for Market

For years, the cannabis industry has been the purview of entrepreneurs and those willing to operate in gray areas — those willing to take some measure of risk to recover the premium on that risk. As cannabis has become legal...more

Vicente LLP

Community Engagement Best Practices for Minnesota Cannabis Entrepreneurs

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After legalizing adult-use cannabis with the passage of HF 100 in Spring 2023, Minnesota is slated to hold a competitive licensing application process in 2024. In addition to staying up-to-date with the Office of Cannabis...more

Vicente LLP

New York Cannabis Regulators Make the Environment a Top Priority for All Licenses

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To help New York cannabis industry entrepreneurs get their businesses off on the right foot, VS's New York team created an eight-part series of VS Insights to assist in navigating the path to applying for a New York cannabis...more

Saiber LLC

New Jersey Enacts Bill Permitting NJEDA to Make Financial Incentives Available to Certain Cannabis Businesses

Saiber LLC on

The continuing federal prohibition of marijuana has made cannabis entrepreneurs in New Jersey rely on personal funds or private financing to get their projects up and running. This has put up a significant barrier to entry...more

Vicente LLP

Why It’s Crucial for New York Cannabis Entrepreneurs to Communicate with Government Officials

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To help New York cannabis industry entrepreneurs get their businesses off on the right foot, VS's New York team created an eight-part series of VS Insights to assist in navigating the path to applying for a New York cannabis...more

Vicente LLP

How to Qualify as Justice-Involved for a New York Cannabis Business CAURD License

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To help New York cannabis industry entrepreneurs get off on the right foot, VS’s New York team created an eight-part series of VS Insights to assist in navigating the path to applying for a New York cannabis business license....more

Vicente LLP

Starting a Cannabis Business in New York? Don’t Forget These Important First Steps

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The New York cannabis rush is here, and with the release of more license categories on the horizon, cannabis entrepreneurs are (hopefully) busy preparing for the upcoming historical licensing round. To beat the summer...more

Clark Hill PLC

Can the Cannabis Industry CLIMB to Increased Institutional Investment and Capital Markets Listings?

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This morning, Representative Troy A. Carter, Sr. (D-LA) and Representative Guy Reschenthaler (R-PA) introduced a bipartisan bill called The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act which, if passed...more

Clark Hill PLC

Investing in State Law Compliant Cannabis Businesses: Part 2 - Diving Deeper

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In Part 1 of this two-part series, we addressed the high-level concerns that a new investor should consider in making an investment in a state legal cannabis company. In this follow up, we address some of the more nuanced...more

Burns & Levinson LLP

Looking Beyond the Green – Garden Remedies’ Commitment to Mentoring New Cannabis Entrants

Burns & Levinson LLP on

Retail sales of medical and recreational marijuana in the U.S. have been projected to reach $12 billion by the end of 2019. In Massachusetts, the total sale of recreational marijuana have topped $100 million last month...more

Burns & Levinson LLP

Financing Growth: Preferred Equity

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This year is primed to be the cannabis industry’s biggest yet. Almost $3 billion of capital was raised in the first quarter of 2018, more than four times the amount raised in the first quarter of 2017. With the increase in...more

Burns & Levinson LLP

Momentum Grows for Capital Raises in MJ Markets

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The capital raised in the first five weeks of 2018, alone, matched deals for all of 2016. And the feeding frenzy has not decelerated, with the overall first quarter of 2018 seeing almost $3 billion in capital raises—more than...more

Fisher Phillips

Web Exclusive: January 2018: The Top 18 Labor And Employment Law Stories

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It’s hard to keep up with all the recent changes to labor and employment law. While the law always seems to evolve at a rapid pace, there were an unprecedented number of changes each month in 2017—and if January is any...more

Shumaker, Loop & Kendrick, LLP

Client Alert: Effects of Florida’s New Medical Marijuana Framework on Patients, Physicians, and Entrepreneurs

During a special legislative session ending June 2, 2017, the Florida legislature passed Senate Bill 8-A (“SB 8-A”), authored by Senator Bradley, amending Florida's medical marijuana laws to reflect the 2016 passage of...more

Bennett Jones LLP

Four Key Takeaways from the Lift Cannabis Expo

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The Lift Cannabis Expo returned to Toronto last weekend following a wildly successful first year in 2016. The first Toronto and Vancouver events attracted global attention and showcased the professionalism underlying Canada’s...more

Lewitt Hackman

Half Baked: The Brave New World of Branding Weed

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In last week’s election, California voters passed Prop 64, which means recreational marijuana can be sold and used by persons over 21 within the state. But don’t get excited about the gold rush just yet. Recreational...more

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