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SEC Proposes Changes to Allow Finders to (lawfully) Charge Fees While Raising Capital for Small Businesses
November 9th, 2020
On October 7, 2020, the SEC published a proposed rule to allow so-called finders to lawfully charge fees in connection with helping small businesses raise capital. You can read a press release from the SEC on the proposed exemptions here and you can…
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Categories: California Bureau of Cannabis Control
Changes to Accredited Investor Definition Give Private Funds More Flexibility to Issue Equity to Employees
October 28th, 2020
On August 26, 2020, the Securities and Exchange Commission (SEC) revised the “accredited investor” definition in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933. The changes become effective on December 12, 2020. The SEC…
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DRUG ENFORCEMENT AGENCY INTERIM FINAL RULE ON HEMP Q&A
October 20th, 2020
What is the DEA Interim Final Rule (IFR) on Hemp? On August 20, 2020 the United States Drug Enforcement Agency (DEA) published a notice in the federal register of an Interim Final Rule (IFR) that conforms the DEA’s existing rules to the hemp provis…
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Categories: California Bureau of Cannabis Control
California Cannabis Regulators Seek Control Over White Labeling Practices
February 25th, 2019
The California Bureau of Cannabis Control (“BCC”) recently adopted Final Rules[1] that will greatly impact the legal marijuana industry in the Golden State. While not as disruptive as initially proposed, the final regulations will require marijua…
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Attorney Ed Culhane Interviewed by CNU: Will California Regulations Lead to a Mass Extinction Event?
November 28th, 2018
Dan Larkin of Cannabis News Update interviewed Ed Culhane at MJBizCon in Las Vegas about cannabis regulation in California — specifically whether overreach by the Bureau of Cannabis Control will lead to a “Mass Extinction Event” for can…
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