The Small Business Administration (SBA) has announced that it expects to open the application process for the Shuttered Venue Operators Grant (SVOG) program on April 8, making it critical for qualified entities to review...more
The legal cannabis market is still in its infancy and there is much more room to grow. At the end of 2020, we saw an uptick in merger and acquisition activity as the industry shook off some pandemic-related instability, and...more
Signed into law at the end of 2020, the Consolidated Appropriations Act (CAA) — often referred to as the COVID-19 stimulus package — earmarked $15 billion in federal grants for certain live venue operators and other...more
1/27/2021
/ Artists ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Entertainment Industry ,
Entertainment Venues ,
Federal Grants ,
Movie Theaters ,
Museums ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA
On November 3, 2020, voters in several states weighed in on whether their state should legalize marijuana. The ballot measures in some states had only medical marijuana on the ballot, while others presented a referendum on...more
Today, the Small Business Administration (SBA) issued additional guidance regarding the required good faith certification of need by borrowers under the Paycheck Protection Program (PPP), providing safe harbor to all...more
In the economic downturn triggered by the COVID-19 pandemic, cannabis companies operating in the marijuana space cannot look to the federal Small Business Administration to obtain Economic Injury Disaster Loans or Paycheck...more
Like all businesses navigating the current COVID-19 crisis, cannabis companies are eager to understand how state and local orders will impact their operations. As states issue orders requiring all but essential businesses to...more
Last week, the California Bureau of Cannabis Control (BCC) gave notice of proposed emergency regulations that will require retailers to display their Quick Response Code certificate outside their storefronts. Distributors and...more
To allow California consumers to quickly check the license of a cannabis business, the state's Bureau of Cannabis Control (BCC) has proposed emergency regulations that would require retailers to display their Quick Response...more
Last week, my colleagues wrote about AB 1291, which expanded upon the requirement for California cannabis companies with 20 or more employees to enter into labor peace agreements. A handful of other laws of note have recently...more
Recently, we discussed generally the NVCA’s updated model legal documents on this blog. Of particular interest in the new forms is the NVCA’s attention to anti-discrimination and anti-harassment policies for emerging...more
Over $1.5 billion has been raised by token offerings – also known as initial coin offerings or ICOs – so far in 2017. Not surprisingly, many startups are eager to capitalize on this possible funding source.
Although ICOs...more
The Financial Crimes Enforcement Network of the U.S. Department of the Treasury (FinCEN) recently issued a Marijuana Banking Update, with data through March 31, 2017. The number of banking institutions offering services to...more
Cannabis business owners in California should take note if they are unaware that Proposition 65 applies to them. Among other requirements, Proposition 65 (aka the Safe Drinking Water and Toxic Enforcement Act of 1986)...more