Insights

Raising Capital for Your Business: Why Companies Should Avoid Non-Accredited Investors

By Charles Alovisetti
Feb 11, 2025

Startups and growing businesses need capital, but should they accept funds from anyone willing to invest? The answer: probably not. In fact, choosing the right investors—particularly accredited investors—can save you time, money, and future headaches. In this Insights post, we discuss what to look for when selecting an investor and the risks of raising funds from unaccredited investors, including disclosure agreements, preemptive rights issues and IPO complications. Plus, considerations when deciding to work with investors outside of the United States.

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Cannabis Rescheduling Hearings Postponed: How Did We Get Here and What Happens Next?

By Shawn Hauser, Andrew Livingston
Jan 31, 2025

The much-anticipated hearings on the proposed rulemaking to reschedule cannabis, which were scheduled to begin on January 21, have been postponed for at least three months as a result of an appeal granted by DEA Administrative Law Judge John Mulrooney. In this article, we examine a timeline of progress on rescheduling so far and discuss what may happen next and how the new administration may affect the process.

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Minnesota Draft Cannabis Rules Provide Clarity on Licensed Cannabis Business Operations

By Jason Tarasek, Colleen Mitchell
Jan 23, 2025

The Minnesota Office of Cannabis Management (OCM) recently proposed draft rules to clarify key operational requirements for cannabis businesses, including co-location policies, THC concentrate limits, cultivation canopy measurements, production capacities, and delivery regulations. Make your voices heard! The public comment submission period is open until Wednesday, February 12.

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Hemp-Derived Cannabinoid Markets: Using Tax Data to Assess Growth in Louisiana, Minnesota and Tennessee

By Andrew Livingston
Jan 22, 2025

Now that many states have regulated cannabinoid hemp alongside medical and adult-use marijuana, hemp cannabinoid market growth trends can be analyzed using comprehensive data, including monthly tax data from product sales. In this article, we analyze market trends in Minnesota, Louisiana and Tennessee using hemp-derived cannabinoid product sales tax data reported by the states.

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New Cannabis Testing Requirements in Massachusetts: What We Know Right Now

By David Ullian, Casey Leaver
Jan 16, 2025

Massachusetts' Cannabis Control Commission has introduced new testing requirements, effective April 1, 2025, to prevent "lab shopping." Key changes include mandatory submission of Test Sample Packages to a single Independent Testing Laboratory, stricter rules for subcontracting tests, and penalties for non-compliance. Read on to learn more about these changes and how to take the necessary steps to ensure compliance and avoid regulatory violations.

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Commentary and analysis on cannabis, hemp, psychedelics, and other emerging therapies from the attorneys and policy specialists at the nation’s leading cannabis law firm.

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