News & Analysis as of

Marijuana Investment

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

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

Epstein Becker & Green

NJ Approves Cannabis Regulatory Amendment with Major Impacts on Class 5 Retail License Holders

As of September 25, 2023, Bill A4151 was approved by the New Jersey Senate and is now law in New Jersey. This approved bill amends the existing New Jersey recreational cannabis regulatory landscape. Bill A4151, or P.L. 2023,...more

Clark Hill PLC

The Cannabis Cure for the Public Pension Crisis

Clark Hill PLC on

Pensions are, and have been, an important compensation component for public employees, including teachers, police, fire, and other municipal positions. However, limited funds and riskier investments are threatening pension...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

Perkins Coie

New York Cannabis Co. Investor Suit Survives Motion To Dismiss

Perkins Coie on

The District Court for the Western District of New York denied a motion on January 6, 2023, to dismiss claims alleging that a publicly traded company misled investors regarding an investigation by the U.S. Securities and...more

Bradley Arant Boult Cummings LLP

Industrial Hemp, Alicia Silverstone and The Office

When our Cannabis Industry team started this blog, we promised to deliver pop culture references and thought leadership. This one should deliver. Growing up, I was a big fan of Alicia Silverstone. My earliest recollection was...more

Dechert LLP

UK Life Sciences and Healthcare Newsletter - June 2021: Medicinal Cannabis in the UK: Fund Structuring, Investment and Listing...

Dechert LLP on

The value of the global medicinal cannabis market is projected to reach US$62.7 billion by 2024, with over US$22 billion of that market generated by Europe and an estimated excess of £2 billion likely to be generated in the...more

Robins Kaplan LLP

Financial Daily Dose 2.24.2020 | Top Story: Wells Fargo to Pay $3 Billion to Resolve DOJ and SEC Investigations

Robins Kaplan LLP on

Wells Fargo & Co. agreed to pay a total of $3 billion to resolve criminal and civil investigations by the DOJ and SEC. Wells Fargo admitted “that it took millions in wrongful fees and interest, misused customer information...more

Faegre Drinker Biddle & Reath LLP

Key Considerations for U.K. Investment in the Legal Cannabis Industry Abroad

U.K. investors in cannabis-related entities, where the activity is legal in its jurisdiction but not legal in the U.K., risk committing money laundering offences under the Proceeds of Crime Act 2002 (POCA). However: -...more

Husch Blackwell LLP

Colorado Poised To Pass Major Marijuana-Related Legislation

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The State of Colorado has taken a major step towards opening its marijuana industry to outside investment in what could be a transformative piece of legislation. On Monday, March 4, bipartisan legislation unanimously passed...more

Husch Blackwell LLP

Constellation Invests Additional $4 Billion In Canadian Marijuana Company

Husch Blackwell LLP on

“U.S.-listed shares of Canada-based Canopy Growth Corp. soared almost 30% Wednesday, after liquor seller Constellation Brands Inc. said it will invest another CAD $5 billion, or about $4 billion, in the diversified cannabis...more

Ballard Spahr LLP

The Marijuana Industry and the Securities Laws

Ballard Spahr LLP on

Part Three of a Three-Part Series - In the third and final part of this series on marijuana-related businesses (“MRBs”), we explore how the Securities and Exchange Commission (“SEC”) and the Department of Justice (“DOJ”)...more

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