Insights

New Mexico Issues Hemp Emergency Rules

By Emily Hackman
Aug 8, 2025

New Mexico’s Environment Department (NMED) has passed emergency rules for hemp producers to address safety concerns over synthesized cannabinoids. The new regulations prohibit hemp facilities from handling semi-synthetic and synthetic cannabinoids unless specific purity standards are met. Read on to learn more.

How Cannabis Companies Use ESOPs for Tax Savings and Ownership Transition

By Charles Alovisetti, Jack Crain
Aug 7, 2025

As the cannabis industry matures, more operators are exploring alternative ownership structures that support both long-term growth and successful exits. One powerful yet underutilized option is the Employee Stock Ownership Plan (ESOP). In this article, we discuss how cannabis companies can use ESOPs to create tax-efficient exit strategies, reduce the impact of Section 280E, and build long-term value through employee ownership. We also outline the structure, tax benefits, regulatory considerations, and practical execution of ESOP transactions in the cannabis space.

New York State Office of Cannabis Management Issues Correction on Dispensary Proximity to Schools

By Neil Willner, Brandon Kurtzman
Jul 29, 2025

The New York Office of Cannabis Management has issued a key correction on how to measure the 500-foot buffer between dispensaries and schools. This change could affect 150+ operators statewide, including both pending applicants and currently licensed retailers. In this article, we break down what this means for your cannabis business operations, how to ensure compliance, and what relief options may be available.

New Jersey Opens Cannabis Consumption Area Endorsements to All Class 5 Retailers

By Brandon Kurtzman, Lauren Mendelsohn
Jul 29, 2025

New Jersey has expanded access to its cannabis consumption lounge license, now allowing all Class 5 Retailers and permitted medical dispensaries to apply as of July 2, 2025. Previously limited to Equity and Diversely Owned Businesses, this broader eligibility opens new opportunities for cannabis operators across the state.

Cannabis in the Cornhusker State: What You Need to Know about Nebraska’s Medical Cannabis Law and Licensing Opportunities

By David M. Ullian
Jul 21, 2025

Nebraska has officially joined the majority of U.S. states with a regulated medical cannabis program. Following the passage of two ballot measures in 2024, the state finalized emergency regulations in June 2025 and will begin issuing cannabis business licenses later this year. This article provides a high-level overview of the new legal framework, including licensing types, product restrictions, ownership requirements, and key dates. With applications opening soon, now is the time for prospective operators to prepare. Vicente LLP’s licensing team is here to help you navigate the process.