Insights

The Regulators Are Watching: How New York Cannabis Licensees Should Prepare for Stricter Compliance Enforcement

By Brandon Kurtzman, Neil Willner
Mar 11, 2025

As New York’s cannabis market evolves, regulators are ramping up enforcement. Licensees must have a proactive compliance strategy for their business to avoid fines and penalties. In this insights post, we dive into the key areas of compliance risk under the newly established Trade Practices Bureau, including ownership violations, license stacking, and fraudulent practices. We also highlight proactive steps businesses can take to stay ahead of regulatory changes and protect their licenses.

Colorado SB 25-076: How Would This Bill Affect Colorado’s Cannabis and Natural Medicine Programs?

By Genevieve Meehan, Jerrico Perez
Mar 7, 2025

Have you heard about Colorado SB25-076—Intoxicating Substances & Social Equity Businesses? While state legislators introduced the bill with good intentions to protect public health and safety, some of the provisions could significantly impact businesses and consumers in the Colorado cannabis and natural medicine spaces. A public hearing on the bill will be held on Tuesday, March 11, 2025.

Corporate Transparency Act Update: FinCEN Suspends Enforcement

By Charles Alovisetti, Bridgette Nikisher
Mar 5, 2025

The Treasury Department recently suspended enforcement of the Corporate Transparency Act’s Beneficial Ownership Information reporting requirements meaning that businesses failing to submit or update their BOI reports by the March 21 deadline will not face fines, penalties, or enforcement actions. In this Insights post, we discuss the latest developments surrounding CTA enforcement, the Treasury’s plans to limit its scope, anticipated regulatory changes from FinCEN, and ongoing legislative and legal challenges that could reshape compliance obligations.