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USDA Hemp Closing Rule: Hits and Misses

USDA Hemp Final Rule: Hits and Misses

Last Friday, January 15, the US Department of Agriculture (“USDA”) announced today’s release of its final hemp production rule on the Federal Register, which will take effect March 22, 2021. This Final Rule builds on the Preliminary Final Rule (the “IFR”) published on October 31, 2019. It includes revisions based on three public comment periods … Read more

SEC’s Funding Rule Updates and Hashish Fundraising

cannabis invest sec exemption

Recently the SEC updated its rules to simplify the patchwork of regulations and help companies in fundraising mode. This is important to cannabis companies of all kinds, especially those looking to take advantage of the available federal exemptions in their securities offerings. In the SEC’s own words, “These changes will encourage capital formation and expand … Read more