City of Corona, CA Cannabis Regulations – Regulatory Map Now Available!

The city of Corona, CA is in the process of developing an ordinance that, if passed, will allow for cannabis retail, delivery, manufacturing, distribution, and testing labs within the city’s manufacturing zones.This is a huge opportunity to learn the Corona, CA cannabis regulations and prepare for the new rules to be confirmed. Learn...

Increasing Lawsuits Against Cannabis-Related Businesses Places Spotlight on Adequacy of Disclosures – cannabusiness advisory

Class action lawsuits against publicly traded cannabis-related companies more than doubled from 2018 to 2019, with 13 class action cases filed in 2019 compared to 6 class action cases filed in 2018 – a staggering 116% increase. Lawsuits against cannabis-related businesses continue to grow concurrently with the expanding industry growth and mostly focus...

Black Lives Matter – cannabusiness advisory

On May 25, 2020, George Floyd, a black American, lost his life to police brutality. The senseless killing of Mr. Floyd at the hands of police, while he was being arrested for a nonviolent crime, was a racist act. For nearly nine minutes, the arresting officer knelt on Mr. Floyd’s neck and ignored...

Cannabis Business Valuations: How to Value a Dispensary, Startup, or Other Canna Brand

Cannabis business valuations are an important area of expertise for entrepreneurs to understand at any time during their business ownership, but most importantly at the beginning!While the methods of determining a valuation may not vary too much, what you do as a business owner can make a big difference along the way. Read...

Raising Money Under Rule 506 – cannabusiness advisory

Private companies raising money in private offerings of securities often rely upon an exemption under Rule 506 of Regulation D.  In fact, Rule 506 is undoubtedly the most popular safe harbor from the registration requirements under Section 4(a)(2) of the Securities Act of 1933. This is due in no small part because an...

Massachusetts’ Adult-Use Cannabis Returns Amid Uncertain Economic Forecast – cannabusiness advisory

On Monday, Massachusetts adult-use cannabis retailers resumed sales after two months of lockdown in response to the COVID-19 outbreak. Adult-use retailers are among the first “nonessential” businesses to return to operations under strict guidelines, pursuant to the Governor’s order. Back in March, Governor Baker deemed adult-use cannabis retailers “nonessential,” which was a departure from...

Cannabis Endures, Despite COVID-19 Crisis – cannabusiness advisory

The cannabis industry, like nearly every facet of the economy, has been affected by the COVID-19 crisis, or the Coronavirus. Numerous states across the country have imposed a variety of measures to limit the spread of the Coronavirus, including stay-at-home orders, business closures and bans on gatherings between 5-10 people. While medically necessary,...

QR Code Requirements for California Cannabis Retailers by BCC

The Bureau of Cannabis Control (BCC) provided public notice of proposed emergency cannabis regulations on Thursday, January 23rd. The proposed regulations would make it mandatory for all California cannabis businesses to post their unique Quick Response Code (QR Code) certificate in storefront windows, and carry a physical copy while transporting or delivering cannabis. BCC...

Conditional Use Permit (CUP) for Cannabis Property Licensing

 Let’s say you own property in a state that has legalized cannabis, and you want to make the most of the green rush. But then you learn that the licensing process is arduous, and that unfortunately cannabis companies have been jumping through costly hoops since inception!So how else can you increase your property’s attractiveness...

City of Fresno Cannabis Regulations – Webinar & Regulatory Map Now Available!

The City of Fresno has just passed an ordinance that will allow for cannabis retail. Fresno is one of the largest cities in California with limited access to legal cannabis products. The population of approximately 527,000 is located in the Central San Joaquin Valley and over the next 25 years, the population is...
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