Section 1202 and QSBS, an Often Overlooked Tax Benefit for Small Businesses

          In the excitement of starting a new business, and during the headaches associated with growing that business, many entrepreneurs overlook important details that can have huge impacts on their finances. One large blind spot that many people we work with seem to have is the tax implications … Read more about Section 1202 and QSBS, an Often Overlooked Tax Benefit for Small Businesses

Vape and E-Cigarette Manufacturers Catch Another Break

This week, in a letter to federal Judge Paul Grimm, the U.S. Food and Drug Administration (“FDA”) requested a 120-day extension for e-cigarette product applications, citing the unforeseen impact of the novel coronavirus (“COVID-19”). This marks the most recent instance in a long line of delays, both … Read more about Vape and E-Cigarette Manufacturers Catch Another Break

FDA Recognizes the Need for CBD Regulation

On February 26, 2020 the Food and Drug Administration’s (“FDA”) new commissioner, Dr. Stephen Hahn, acknowledged the growing consumer demand for CBD products. “People are using these [CBD] products,” Hahn said in his first public speech regarding CBD since taking office in December. “We are not … Read more about FDA Recognizes the Need for CBD Regulation

USDA Comes to Its Senses Regarding Hemp

On February 27, 2020, the U.S. Department of Agriculture (“USDA”) announced that it will delay the enforcement requirement of the Drug Enforcement Agency (“DEA”) laboratory certification process and reverse distributer disposal requirements until October 31, 2021, or until the final rule is … Read more about USDA Comes to Its Senses Regarding Hemp

Update on California Cannabis Products

On January 3, 2020, the California Office of Environmental Health Hazard Assessment (OEHHA) released a revised list of chemicals classified under the Safe Drinking Water and Toxic Enforcement Act of 1986 (“Prop 65”). The revised list includes delta-9 tetrahydrocannabinol (“THC”). Rumors that … Read more about Update on California Cannabis Products

New Bill Proposes Solution to CBD Regulation

On January 13, 2020, the chairman of the U.S. House Committee on Agriculture, Representative Collin Peterson (D-MN), introduced a bill to address one of the largest issues in the burgeoning hemp industry – the regulation of cannabidiol (“CBD”). H.R.5587 aims to amend existing legislation to grant … Read more about New Bill Proposes Solution to CBD Regulation

D.C. Court Supports FDA Regulation of E-Cigs & Vape Products

On 10, December 2019, the United States Court of Appeals for the D.C. Circuit ruled in support of actions by the Food and Drug Administration (“FDA”) on the regulation and classification of electronic nicotine delivery system (“ENDS”) products like electronic cigarettes and vaping devices. The … Read more about D.C. Court Supports FDA Regulation of E-Cigs & Vape Products