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New York & The Illicit Cannabis Market

As of recent data released by the Office of Cannabis Management (OCM), New York now has 65 adult-use and delivery licenses operational, with two adult-use stores being approved earlier this month. While the first date of...more

Cannabis & The Credit/Debit Payment Crises

As our world strives to become paperless, nearly all businesses, regardless of industry need to offer payment processing solutions other than cash to keep up with customer demands and expectations. The cannabis industry is no...more

Maryland Adult Use Regulations

In just about one month from its release date to the public, Maryland’s proposed adult-use cannabis regulations, HBO556,  have received rumblings of discontent and concern from interested industry participants. Following the...more

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

Special purpose acquisition companies (SPACs), or “blank check” companies, have been one of the most popular investments and investment vehicles over the past year – an alarming 308 SPACs have gone public since the start of...more

Massachusetts HCAs & Community (Excessive) Impact Fees

On February 3, 2021, the Massachusetts Supreme Judicial Court (SJC) heard a case that raised questions to a grievance cannabis operators in the Commonwealth have been grueling over for years. In the case of Mederi Inc. v....more

Raising Capital Using an Intermediary Finder: The Potential Impact of the SEC’s Proposed Conditional Finder Exemptions

In an industry already rife with significant regulatory complexities, cannabis issuers face another challenge familiar to many small and emerging businesses raising capital: The regulatory minefield posed by hiring...more

Part 3: Fourth Annual State of the Cannabis Industry Conference – Demystifying Hemp & CBD

On October 29, 2020, Burns & Levinson hosted its Fourth Annual State of the Cannabis Industry Conference, with nearly 200 attendees present – this year in a virtual setting. The conference featured a panel of various hemp &...more

Navigating the SPAC Trend in the Cannabis and Hemp/CBD Market

Special Purpose Acquisition Companies (SPACS) have had increased activity in the cannabis and hemp/CBD industries over the past year. Presently, these “blank check companies” have raised more than $3 billion. Investors and...more

Got “Reliable and Scientific Evidence” on CBD? A Close Look into the FTC’s Stance on CBD-Related Health Claims and Response From...

Over the past seven months, and just as recently as three weeks ago, the Federal Trade Commission (“FTC”) has released several warning letters to businesses selling CBD products. These letters concern the FTC’s review of...more

In Case You Missed It: Recent Federal Developments Signal Forthcoming Hemp-Industry Guidance

On Thursday, July 25, 2019, the Senate Agriculture Committee held a hearing before federal regulatory agencies in the agriculture, public health and pesticides space concerning efforts to implement the legalization of hemp....more

Supplementing the Pink Slip for a Green Stamp of Approval – Rising Trends of New Employment Protections for Registered Cannabis...

Early this month, New Jersey enacted new workplace protections for authorized medical cannabis users - Under the new regulations, employers are prohibited from taking an adverse employment action against an existing or...more

Looking Beyond the Green – Garden Remedies’ Commitment to Mentoring New Cannabis Entrants

Retail sales of medical and recreational marijuana in the U.S. have been projected to reach $12 billion by the end of 2019. In Massachusetts, the total sale of recreational marijuana have topped $100 million last month...more

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