July 14 marked the 50th anniversary of President Richard Nixon’s message to Congress asking for the establishment of a federal plan to tackle substance abuse, citing a dramatic increase in juvenile arrests for drug offenses. Nixon’s letter was the start of a new era of American drug policy as, the … Read more about Revisiting the War on Drugs & Its Impact
On July 22, 2019, the United States Food and Drug Administration (“FDA”) sent a Warning Letter (the “Letter”) to Curaleaf, Inc. notifying the company that FDA considers several products Curaleaf sells on its website, specifically its “CBD Lotion,” “CBD Pain-Relief Patch,” five versions of its “CBD … Read more about Largest U.S. CBD Company Hit with Warning Letter from FDA
Through a bill proposed earlier this year, California legislators appear to be on the verge of legalizing the sale of food, drink, and cosmetic products containing hemp or associated cannabinoids, such as cannabidiol (“CBD”). Per last year’s announcement from the California Department of Public … Read more about California Poised to Permit Sale of CBD-Infused Products
The following article is part of a series of guest posts by Ben Lakoff. Mr. Lakoff is an entrepreneur and finance professional. He has a wide area of expertise including raising capital, corporate finance, investing, and start-up strategy. The content of this post is not intended as legal, … Read more about Bitcoin: an Alternative Asset for Diversified Portfolio Management
The following article is the first in a series of guest posts by Ben Lakoff. Mr. Lakoff is an entrepreneur and finance professional. He has a wide area of expertise including raising capital, corporate finance, investing, and start-up strategy. The content of this post is not intended as legal, … Read more about DeFi: What Is It and Why It Is Important
The cold war between digital currency companies and the S.E.C. has lasted a long time (by crypto standards), but it appears to be turning hot. On June 6, 2019, the tension between Kik and the US Securities and Exchange Commission (“SEC”) came to a head when the SEC issued a formal … Read more about Why is the S.E.C. suing Kik over their Digital Coin Offering?
In late May, Colorado Gov. Jared Polis signed the Publicly Licensed Marijuana Companies bill (HB-1090), which removed the previous ban preventing publicly traded corporations from obtaining a cannabis license (you can read our summary of it here). Passed with the intention of expanding access to the … Read more about Securing New Colorado Cannabis Industry Investment
On May 29, 2019, Governor Jared Polis signed HB19-1090 (“HB-1090”) into law. HB-1090 repeals regulations that prohibit publicly traded companies from holding ownership interests in Colorado marijuana businesses. HB-1090 dramatically alters the regulatory landscape surrounding ownership of licensed … Read more about Monumental Changes to Out of State Ownership in the Colorado Cannabis Industry