By David M. Ullian
Feb 13, 2024
Massachusetts launched the Cannabis Social Equity Trust Fund to aid qualified cannabis businesses disproportionately impacted by marijuana prohibition. Licensed businesses or applicants meeting specific criteria, like Social Equity Program participants, can access grants or loans (up to $50,000 now!). Apply online and learn more about future programs before the February 15th deadline.
By Meg Nash, Bridgette Nikisher
Feb 7, 2024
Maryland's Cannabis Business Assistance Loan/Grant Fund is offering grants to help social equity applicants cover costs associated with obtaining a cannabis business license. The program reimburses up to 50% of eligible expenses, with a maximum of $5,000. Applications open February 19th and close March 20th. Read this Insights post to learn more about eligibility, qualifying expenses, and how to apply.
By Jason Tarasek
Oct 23, 2023
The Minnesota legislature has established three grant programs designed to help entrepreneurs start and grow their businesses and to create a more equitable cannabis industry. Read more about them in this Insights article.
Sep 12, 2023
Join Michelle Bodian, Elliot Choi and Meg Nash at NECANN New York! Our attorneys will discuss how to submit a successful cannabis license application for the upcoming New York licensing round. Register here!
Jul 13, 2023
Join ACR for a Roundtable Discussion on SAFE banking in the cannabis industry, specifically focusing on the impact on small and minority-owned businesses. The webinar featuring Vicente attorney Elliot Choi will be held on Tuesday, July 25th, from 6:30 - 8 p.m. ET.
Jul 11, 2023
Learn directly from the teams who were part of launching many of the first CAURD (Conditional Adult Use Retail Dispensary) licensed dispensaries in New York State. The Official Dispensary Showroom Tour is coming to Long Island, Syracuse, Mid-Hudson, Queens, and The Bronx throughout Summer and Fall 2023.
May 17, 2023
Watch this Vicente LLP session where members of our New York team dive into the significant changes from the first draft of New York's cannabis regulations, how the new regulations will impact capital raises and M&A, and more!
By Michelle Bodian, Elliot Choi
May 12, 2023
New York City has seen a proliferation of illicit and unregulated cannabis stores since the Marihuana Regulation & Taxation Act was signed into law on March 31, 2021. To date, enforcement efforts have been limited; however, that could all change with the passage of the Governor’s 2024 budget. Read this article to learn key aspects of the budget provisions concerning the illicit cannabis market.
By Michelle Bodian, Elliot Choi, Brandon Kurtzman, Charles Alovisetti
May 11, 2023
On May 11, 2023, New York’s Cannabis Control Board voted to approve the revised adult-use cannabis regulations. The Office of Cannabis Management (OCM) has indicated adult-use cannabis applications will open up in the fall, meaning these revised regulations will function as our roadmap. This article outlines key changes in the revised regulations.
Mar 15, 2023
Cannabis businesses facing insolvency can't access federal bankruptcy courts, but they do have restructuring options. One of those options is an out-of-court workout between lenders and borrowers. Watch this Vicente LLP session to learn the practical issues around out-of-court workouts and cannabis companies.
Dec 5, 2022
Let’s connect! Vicente Sederberg’s New York compliance team will be onsite at the Bronx Dispensary Showroom hosted by The Bronx Community Foundation from Dec. 9 – 11, 2022 to lend expertise and education to potential cannabis entrepreneurs.
By Michelle Bodian, Bridgette Nikisher, Sam Kovach-Orr, Meg Nash, Elliot Choi
Nov 3, 2022
Notable provisions from the New York Office of Cannabis Management's recently published "Guidance for Adult-Use Retail Dispensaries."
By Charles Alovisetti, Elliot Y. Choi, and Sahar Ayinehsazian
Sep 29, 2022
Charles Alovisetti, Elliot Y. Choi, and Sahar Ayinehsazian write for the Bloomberg Law, reflecting on the challenges and journey of raising private capital in the cannabis industry
Aug 20, 2021
VS attorney Michelle Bodian discusses the hemp industry's environmental challenges and opportunities in this on-demand CLE from the INCBA
Apr 9, 2021
Watch this presentation for a look into the new law, how it will be implemented, and the opportunities it will create for businesses and individuals.
Mar 29, 2021
An updated overview and FAQ of the federal stimulus bills for coronavirus, with specific guidance for marijuana, hemp and ancillary businesses.
Mar 15, 2021
VS attorney Elliot Choi will join Rick Kaplan of NYREJ on April 8 for a discussion on cannabis industry real estate investments in New York City.
Feb 4, 2021
A look into cannabis legalization, markets, and opportunities in New Jersey, New York, and Connecticut.
Jan 22, 2021
VS counsel Elliot Choi will moderate a panel with two of Governor Cuomo's top officials working on cannabis policy issues.
Nov 25, 2020
Update on hemp legislation and rulemaking, regulatory changes, and other noteworthy hemp news and events.
Oct 22, 2020
Update on hemp legislation, regulatory changes, and other noteworthy hemp news and events.
Oct 21, 2020
An overview and FAQ of the federal stimulus bills for coronavirus, with specific guidance for marijuana, hemp and ancillary businesses.
By Elliot Y. Choi, Michelle Bodian
Oct 20, 2020
With the USDA interim final rule delayed, where does this leave states for the 2021 hemp growing season?
By Charles Alovisetti, Michelle Bodian, Elliot Choi
Oct 19, 2020
A brief history of cannabis regulation (including hemp) in the Commonwealth.
By Charles Alovisetti, Elliot Choi, Sahar Ayinehsazian
Sep 18, 2020
Raising private capital continues to be a challenge for the nascent cannabis industry, but there are proactive steps companies can take to maximize the chance of a successful raise.
Aug 24, 2020
Update on hemp legislation, regulatory changes, and other noteworthy hemp news and events.
Aug 11, 2020
Watch this session with VS's corporate team to help maximize the chances of private capital raising success for your cannabis business or start-up.
By Charles Alovisetti, Elliot Choi, Ben Leonard, Jeremy Shaw
Aug 6, 2020
Conducting a closing is one of the more stressful tasks for junior and even senior attorneys. When a deal is ready to close, most of the principals and businesspeople are finished with their work, but lawyers are not out of the woods yet.
Aug 5, 2020
Learn about grant and loan opportunities for hemp farmers and hemp-related businesses in this session with VS's Michelle Bodian and Eric Steenstra of Vote Hemp.
Jul 13, 2020
Update on hemp legislation, regulatory changes, and other noteworthy hemp news and events.
Jun 22, 2020
Elliot Choi joined Cannabis Legalization News in a recent livestream to discuss New York’s cannabis initiatives.
By Amber Lengacher, Elliot Choi
Jun 15, 2020
While often overlooked, the Single Convention has important implications on cannabis reform, including purportedly requiring the US to maintain cannabis on Schedule I of the CSA.
By Charles Alovisetti, Elliot Choi, Sahar Ayinehsazian, Corey Cox
May 5, 2020
The continuing growth of the cannabis and hemp industries has given rise to the need for specifically tailored due diligence.
By Elliot Choi, Jennifer Cabrera, and Jacob Setton
Apr 29, 2020
Vicente Sederberg is monitoring the potential impact of the coronavirus (COVID-19) on cannabis businesses, service providers, and consumers in New York.
Apr 20, 2020
Shawn Hauser and Dwight Clark talked about SBA loans for cannabis businesses and political advocacy during Texas NORML's 420 Stream-A-Thon.
By Elliot Choi, Jacob Setton
Apr 13, 2020
Vicente Sederberg is monitoring the potential impact of the coronavirus (COVID-19) on cannabis businesses, service providers, and consumers in New Jersey.
By Elliot Choi and Jacob Setton
Apr 13, 2020
Vicente Sederberg is monitoring the potential impact of the coronavirus (COVID-19) on cannabis businesses, service providers, and consumers in Pennsylvania.
By Elliot Choi and Jacob Setton
Apr 13, 2020
Vicente Sederberg is monitoring the potential impact of the coronavirus (COVID-19) on cannabis businesses, service providers, and consumers in Connecticut.
By Elliot Choi, Counsel; Jennifer Cabrera, Counsel
Feb 20, 2020
In January 2020, New York Governor Andrew Cuomo released a draft budget that included a proposal for adult-use cannabis legalization for the Empire State.
By Elliot Choi, Counsel; Michelle Bodian, Senior Associate Attorney; Charles Alovisetti, Partner
Nov 15, 2019
Will USDA-issued hemp cultivation licenses be transferrable? Let's dive into the USDA interim final rule to find out.
Sep 20, 2019
The event at New York Law School will feature many of the nation’s leading academics, politicians, and attorneys, including seven attorneys from VS.
Sep 11, 2019
Vicente Sederberg attorneys will present a one-hour web-based CLE, "Due Diligence in Cannabis Industry Transactions," for Practising Law Institute on October 3, 2019.
Sep 10, 2019
Adam Fine, Elliot Choi and Ilya Ross are set to speak at Cannabis Conference Boston, a full-day conference focused on best practices in the cannabis space, presented by Massachusetts Lawyers Weekly.