Compliance

Banking and FinanceCapitalOffice of Foriegn Asset Controls

Cannabis Fundraising: Understanding SEC Accredited Investor Rules

Navigating the complexities of cannabis fundraising can be daunting, especially when it comes to understanding SEC accredited investor rules. Essentially, the SEC’s rules for accredited investors in cannabis fundraising stipulate that individuals or entities must meet specific financial criteria to invest in private cannabis businesses, ensuring that they can bear the potential risks involved. In this article, we’ll break down these regulations and provide a clear roadmap for cannabis entrepreneurs and investors alike.

Read More
Cybersecurity

Data Privacy and Cybersecurity: Key Risks in Cannabis Compliance Programs

In the rapidly evolving cannabis industry, data privacy and cybersecurity have become critical components of compliance programs. As cannabis companies handle sensitive customer information and navigate complex regulatory landscapes, addressing these key risks is essential to safeguarding their operations and maintaining consumer trust. This article explores the primary data privacy and cybersecurity challenges faced by cannabis businesses and outlines best practices for mitigating these risks.

Read More
Accounting and TaxesCompensation and Equity

Understanding the New QPAM Exemption Rules: A Comprehensive Guide

The QPAM exemption is a pivotal regulatory measure that allows employee benefit plans to engage in transactions that would otherwise be prohibited under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code. This exemption is crucial for investment fiduciaries, including fund managers and investment managers, as it facilitates smoother and lawful operations by providing a clear framework within which these transactions can occur.
The primary purpose of the QPAM exemption is to prevent conflicts of interest and ensure that transactions are conducted in the best interests of the plan participants. By leveraging this exemption, investment managers can engage in transactions with parties that would otherwise be considered prohibited due to potential conflicts of interest, provided they meet certain stringent criteria designed to protect the interests of the plan beneficiaries.

Read More
Section 280E

Navigating the Impact of Section 280E and the DEA’s Proposed Marijuana Rescheduling

he tax rules governing when expenses are paid or incurred and the filing of past or prospective claims can be complex. Following rescheduling, or possibly before, the IRS may issue guidance on how rescheduling impacts Section 280E and the deduction of marijuana-related expenses. Meanwhile, cannabis businesses should consult with tax professionals to strategically time expenses and submit necessary documentation to secure potential refunds for taxes paid under Section 280E.

Read More
Banking and FinanceCompliance

Navigating the Overton Window: The Future of Cannabis Banking and Business Processes

The landscape of cannabis banking and business operations is rapidly evolving, mirroring shifts in public opinion and regulatory frameworks. As these changes continue to unfold, stakeholders within the industry are finding new ways to navigate the complexities of financial services, compliance, and market dynamics. The concept of the Overton Window provides a valuable lens through which we can understand these transformations. It highlights not just where current policies stand but also maps out potential future directions as societal norms and legal boundaries evolve.

Read More
LegalState Laws

A Handbook on What to Do Next for Winners of Maryland Dispensary Licenses

Winning a Maryland dispensary license is a significant accomplishment, but the real work begins now. By meticulously planning your next steps and focusing on compliance, quality, and customer service, you can build a successful dispensary business. Remember, the cannabis industry is ever-evolving, and staying informed about regulatory changes and market trends will be crucial for your ongoing success.

Read More
ComplianceIntellectual PropertyMarketingUncategorized

Packaging for Cannabis Products.

The cannabis industry is experiencing a meteoric rise, with legal markets expanding across the globe. This growth spurt brings with it a plethora of challenges and opportunities, especially in the domain of product packaging. Cannabis product packaging walks a tightrope between regulatory compliance, sustainability efforts, and enhancing the consumer experience. Let’s delve into how innovators in the industry are navigating these waters.

Read More
Internet ServicesSoftware

Unpacking the Essentials of New Email Protocols from Gmail and Yahoo

Gmail and Yahoo have introduced new email standards affecting commercial senders, emphasizing authentication, easy unsubscribe options, and strict spam complaint thresholds. Regardless of your email volume, these changes underscore the importance of best practices in email marketing. Learn how to navigate these requirements with ease, ensuring your emails reach inboxes and maintain a positive reputation. This overview covers the necessity of email authentication, streamlined unsubscribe processes, and the critical need to monitor and maintain low spam complaint rates. Discover the tools and strategies that can help you comply with these new protocols and enhance your email marketing effectiveness.

Read More