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CannaBusiness Advisory Blog

Articles: 11-20 of 146

IDFPR Provides Key Guidance Regarding Management Service Agreements for Conditional License Holders in Illinois

USA - August 10 2022 On July 1, 2022, the Illinois Department of Financial and Professional Regulation (IDFPR)—the regulatory department charged with implementing and…

Massachusetts Cannabis Industry Reform

USA - August 4 2022 Over the past few years, August has become a popular month for cannabis industry reform in Massachusetts…

The Interplay Between Control Issues and Loan Covenants in Cannabis

USA - July 27 2022 Regardless of the jurisdiction in which it conducts its business, licensed cannabis businesses (“Cannabis Operators”) are constantly grappling with…

The Cannabis Administration and Opportunity Act: Too Much Too Soon? Too Little Too Late? Or Just the Right Time?

USA - September 21 2021 On July 14, 2021, Senators Chuck Schumer, Cory Booker and Ron Wyden introduced a bill to legalize and regulate cannabis at the federal level, titled…

Cannabis Reform Hits the Senate: A Brief Overview of the Cannabis Administration and Opportunity Act

USA - July 21 2021 This past week, Senate Majority Leader Chuck Schumer (D-NY) unveiled the first draft of his long-awaited bill to legalize marijuana at the federal…

Cannabis Capital Markets in New York: M&A Deals and Capital Raises Are Skyrocketing

USA - July 14 2021 When New York became the 15th state to legalize recreational cannabis on March 31, 2021, it opened one of the largest cannabis markets globally. Not…

The SAFE Banking Act: A Reasonable and Narrowly Tailored Approach to Addressing Public Safety Concerns and Lack of Financial Services in Today’s Cannabis Industry

USA - July 7 2021 Compared to businesses in other industries, there is no debate that legally operating cannabis-related businesses (referred to herein as “cannabis…

MORE Act: Federal Cannabis Legalization Reintroduced in House

USA - June 2 2021 Just before the start of Memorial Day weekend, U.S. House Judiciary Chair Jerry Nadler reintroduced the MORE Act - formally known as the Marijuana…

SPACs - Hedging Risks in Light of SEC’s Urge for Market Slowdown

USA - May 18 2021 Special purpose acquisition companies (SPACs), or “blank check” companies, have been one of the most popular investments and investment vehicles over…

Proposed Reforms to Local Host Community Agreements in Massachusetts

USA - May 13 2021 Earlier this week, the Massachusetts Legislature’s Joint Committee on Cannabis Policy held a virtual hearing on nine proposed bills focused on…