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Foley Hoag LLP - Cannabis and the Law

New York Promulgates Interim Guidance on Changes of Ownership and License Amendments

The New York Office of Cannabis Management (“OCM”) has promulgated interim guidance identifying how it will address changes of ownership and other license amendments. While many have criticized the OCM for delays in...more

Foley Hoag LLP

SBA’s Office of Investment and Innovation Semi-Monthly Draw Application Schedule

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SBA’s Office of Investment and Innovation has revised the semi-monthly draw application schedule for the 2020 holiday season with the first revised deadline occurring on Tuesday, November 3, 2020...more

Foley Hoag LLP

SBA Simplifies Filings Requirements for SBIC Applicants

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On September 17, 2019, the Licensing Department of the Investment Division of the U.S. Small Business Administration (“SBA”) announced that, effective immediately, all license applications should be submitted electronically...more

Troutman Pepper

SBA Proposes Updates and Improvements to Early Stage SBIC Program

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The proposed rule reflects SBA’s intent to continue licensing and providing SBA-guaranteed leverage to Early Stage SBICs beyond the initial five-year term previously announced. On September 19, the U.S. Small Business...more

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