Congratulations to those who won a cannabis social equity license in the Maryland lottery! To take advantage of this exciting business endeavor, check out these suggested priority actions and read on for essential...more
This article is part of a continuing series of articles regarding transactional legal issues in the emerging psychedelic space. With ketamine being the only approved psychedelic drug for medical use, ketamine clinics offer a...more
5/23/2023
/ Agribusiness ,
Anti-Kickback Statute ,
Business Licenses ,
Corporate Practice of Medicine ,
DEA ,
Department of Health and Human Services (HHS) ,
False Claims Act (FCA) ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Healthcare ,
Medicaid ,
Medical Foods ,
Medicare ,
Mental Health ,
Plant Based Products ,
PTSD ,
Stark Law
On May 11, 2023, New York’s Cannabis Control Board voted to approve the revised adult-use cannabis regulations. Upon publication in the New York State Register, these draft regulations are subject to another 45-day public...more
5/12/2023
/ Agribusiness ,
Bankruptcy Code ,
Business Formation ,
Business Ownership ,
Cannabis-Related Businesses (CRBs) ,
Dispensaries ,
Marijuana Regulation & Taxation Act (MRTA) ,
New York ,
Retailers ,
State and Local Government ,
Suppliers
A new industry is emerging in the United States, and entrepreneurs in the psychedelics space must make critical decisions at the onset of new ventures regarding how to set up and structure their new businesses. While there is...more
4/21/2023
/ Agribusiness ,
B Corporation ,
Business Licenses ,
C-Corporation ,
Cannabis-Related Businesses (CRBs) ,
Documentation ,
Entrepreneurs ,
Internal Revenue Code (IRC) ,
Investment ,
Jurisdiction ,
Limited Liability Company (LLC) ,
S-Corporation ,
Startups ,
Vesting
Consumers are increasingly interested in incorporating functional or adaptogenic mushrooms into their diets due to their potential health benefits, such as boosting immunity, reducing inflammation, and promoting overall...more
Gov. Phil Murphy signed a package of bills into law February 22 that will create a legal adult-use cannabis market in New Jersey. Several other states—including Montana, Virginia, and New York—are either implementing or...more
3/25/2021
/ Agribusiness ,
Business Development ,
Cannabis-Related Businesses (CRBs) ,
Decriminalization of Marijuana ,
Dispensaries ,
Licensing Rules ,
Marijuana ,
Marijuana Related Businesses ,
New Legislation ,
Recreational Use ,
Regulatory Agenda ,
State and Local Government
After the success of cannabis initiatives in the 2020 elections, more and more law firms are fielding questions from their clients about potential transactions in the cannabis industry....more
3/22/2021
/ Agribusiness ,
Cannabis Products ,
Client Services ,
Contract Formation ,
Corporate Law Departments ,
Covered Transactions ,
Hemp ,
Intellectual Property Protection ,
Investment Opportunities ,
Legal Project Management ,
Marijuana ,
Real Estate Investments ,
Tax Code
What is a SPAC? Special Purpose Acquisition Companies, known as SPACs, are companies with no commercial operations set up by investors, and which exist for the sole purpose of raising money through an initial public offering...more