New York Governor Andrew Cuomo today said that he will support legalization of adult use of cannabis as a key part of the 2019 legislative agenda. In fact news reports suggest he wants to get this done within the first 100 days of his new...
Reporting from the Practising Law Institute's Annual Institute on Securities Regulation here in NYC. I was honored to serve on a panel next to Jennifer Zepralka, head of the SEC's Office of Small Business Policy. Jennifer provided a very positive report on Regulation A+. Here...
Get the holiday theme? It hit me on the way to work. There seem to be two camps with views on how Regulation A+ is doing now that it has been over two years since the dismissal of two states' attempt to stop the new...
Following guidelines already in place at the New York Department of Health, Gov. Andrew Cuomo signed a bill on Monday formally adding "acute pain management" to its list of conditions for which medical cannabis can be prescribed. This change is important since it allows doctors...
Many believe that cannabis stocks are experiencing a "bubble," meaning that market valuations are unjustified, unrealistic and based on investor hype as opposed to typical fundamental markers such as revenues, assets and profit. Some, like The Motley Fool, believe this is a bubble ready to...
A few weeks ago the President renewed discussion of the possibility of eliminating quarterly reporting by US public companies and moving back to semi-annual reports. In a tweet on August 17, he said, “In speaking with some of the world’s top business leaders I asked what...
Earlier this month, surprising many in the industry, the Drug Enforcement Administration announced it is proposing to significantly increase the amount of cannabis it will permit to be grown for research purposes in 2019. The 2018 limit, about 1000 pounds, will be increased to over...
In a rather symbolic moment in the march to the legalization of industrial hemp, the caretakers at George Washington’s Mount Vernon farm announced in May (although it has only recently received news attention) that they have planted a small crop of industrial hemp. They are...
The United Kingdom this week approved the legalization of medical cannabis. The decision was made by the Home Secretary, Sajid Javid, who said, "Recent cases involving sick children made it clear to me that our position on cannabis-related medicinal products was not satisfactory." As a...
The SEC Commissioners voted unanimously last month to expand the definition of “smaller reporting company.” This change has been requested as a key recommendation for a number of years at the annual SEC small business conference. Companies with SRC status have somewhat relaxed disclosure and...