Insights

Corporate Transparency Act, We Hardly Knew Ye: What the Interim Final Rule Means for U.S. Businesses

By Charles Alovisetti
Mar 27, 2025

The Corporate Transparency Act (CTA) has undergone significant changes with the issuance of a new Interim Final Rule (IFR) by the Financial Crimes Enforcement Network (FinCEN). These changes significantly reduced the law's scope, exempting most U.S. companies from Beneficial Ownership Information (BOI) reporting requirements. In this Insights post, we break down the key takeaways of the IFR and explain their impact on your business.

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Florida Implements New Hemp Extract Regulations: Key Changes for 2025

By Juliana Todeschi
Mar 24, 2025

Florida’s Rule 5K-4.034 establishes new regulations for hemp extract products, focusing on ingredient restrictions and child-resistant packaging. The rule bans 66 additives, including certain FDA-approved colorants, and adopts ASTM standards for child-resistant packaging to reduce product appeal to minors. While enforcement of the rule begins in June 2025, FDACS is already enforcing existing statutes and regulations, making early compliance essential for businesses operating in the state.

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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.

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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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