Ongoing Disclosure Requirements For Cannabis Licensees & Owners in California August 14, 2019 Jay Purcell California 0 Comments By: Jay Purcell, Clark Neubert LLP Finally, cannabis companies are obtaining annual licenses, triggering a new set of disclosure regulations. Three regulators require ongoing disclosures of changes to old—application-information and disclosure of information not previously requested: Bureau of Cannabis Control (“BCC,”… Read More→
California Regulation Guidelines and Commentary June 19, 2019 Jay Purcell California 0 Comments In January, three California cannabis agencies finalized their regulations. The Bureau of Cannabis Control (“BCC,” regulator of retailers and distributors), California Department of Food and Agriculture (“CDFA,” responsible for cultivators) and California Department of Public Health (“CDPH” responsible for manufacturers).… Read More→
Investor Protections in Cannabis Companies, Part Two June 20, 2018 Jay Purcell California, Cannabis Investments 1 Comment By Jay Purcell, Senior Associate, Clark Neubert LLP Investors in California cannabis companies should have zero expectation of privacy. Both periodically and following certain events, major and minor investors must be disclosed to the Bureau of Cannabis Control (“BCC”). While… Read More→
Investor Protections in Cannabis Companies, Part One June 12, 2018 Jay Purcell Policy & Legal 0 Comments By Jay Purcell, Senior Associate, Clark Neubert LLP As California’s legal cannabis market matures, we are seeing increasing investor interest in licensed companies positioned for growth and profit. Many potential investors are emerging from outside the industry, meaning their familiarity… Read More→