Archive

Missouri Updates and New Licensing Opportunities

By Colleen Mitchell
Feb 14, 2024

Missouri's cannabis market is expanding rapidly, offering a new opportunity for microbusinesses. The state plans to issue 48 microbusiness licenses in summer 2024, allowing smaller players to enter the cultivation, processing, and dispensary sectors. However, applications are competitive and require careful preparation, including team building, business formation, and real estate acquisition. This Insights post provides key details about the licensing process and eligibility criteria.

Cannabis Microbusiness Licensing Opportunities in Missouri

By Alex Solome, Colleen Mitchell
Jun 6, 2023

The Missouri Division of Cannabis Regulation’s microbusiness dispensary application instructions and sample application form are now live! Applications will be accepted from July 27 through August 10. If you’re interested in applying for a cannabis microbusiness license in Missouri, read this article for more details and reach out to our licensing team to get started.

Upcoming Cannabis Business Licensing Opportunities Across the U.S.

By Jerrico Perez
May 22, 2023

Opportunities for growth across the nation are currently abundant for cannabis businesses, and our experienced team is here to help you navigate these increasingly complex and competitive licensing processes. With more winning merit-based applications than any other law firm in the country, our team’s work ethic, dedication, and experience will help elevate your application above the competition and set your business up for long-term success.

Raising Private Capital in the Cannabis Industry

By Charles Alovisetti, Elliot Y. Choi, and Sahar Ayinehsazian
Sep 29, 2022

Charles Alovisetti, Elliot Y. Choi, and Sahar Ayinehsazian write for the Bloomberg Law, reflecting on the challenges and journey of raising private capital in the cannabis industry

What is a Cannabis REIT?

By Charles Alovisetti, Cassia Furman
Apr 23, 2021

To many in the cannabis industry, REIT is not a common acronym. Yet, as cannabis businesses seek ways to raise funds, REITs are coming up in more and more conversations.

Exploring Alternatives to Bankruptcy for Cannabis Businesses

By Charles Alovisetti, Phil Silverman, Jason Adelstone
Apr 17, 2020

Bankruptcy law provides advantages for financially distressed companies to restructure debt while continuing to operate. Without access to U.S. Bankruptcy Code protections, marijuana companies must turn to out-of-court restructurings and state law insolvency proceedings.

Blue Sky Laws and the Cannabis Industry

By Charles S. Alovisetti, Partner
Oct 7, 2019

In addition to federal securities laws, each state and territory has its own securities laws, often referred to as blue sky laws. Cannabis company compliance with these rules may be more important due to heightened regulatory scrutiny.

Can Hemp Companies Declare Bankruptcy?

By Charles S. Alovisetti, Partner; Phil Silverman, Counsel; Jason Adelstone, Law Clerk
Sep 27, 2019

One of the many issues arising out of the tension between state and federal law in the cannabis industry is whether cannabis companies can access the protections of federal bankruptcy law.