Regulators, Legislators and Associations – Friend or Foe?

By Sundie Seefried Let me just state right up front …. If you need positive reinforcement, acceptance or encouragement to venture into cannabis banking, give it up now. Cannabis banking is NOT for the faint of heart. We remain in…

Banking Evolution

The cannabis industry is evolving rapidly and so should your perception of banking. I recently attended the Second Annual State of the Cannabis Industry Conference, in Massachusetts. The event was organized by the cannabis law practice of Burns & Levinson…

Cannabis Banking Blues: How Best To Get A Bank Account

By Hilary Bricken Securing a bank account will not be easy, but it is possible if you are in the right state and you prepare and act accordingly. In my previous post, I wrote about avoiding the scammers that abound…

Blowing Smoke: Marijuana Banking Scams

By Hilary Bricken What are the specific red flags to look for if you’re being pitched on a 'solution to the marijuana banking problem'? Of the many issues that prevent cannabis businesses from acting like regular businesses, their lack of…

A Nugget of Inspiration

When does an alternate currency allow you to legally transact a Schedule 1 drug? When you are the 6th largest economy in the world. My life has been like a Forrest Gump movie from the moment I uttered the words,…

Marijuana Madness: Jeff Sessions Rescinds State-Legal Pot Policies

By Hilary Bricken What will the Future DOJ marijuana enforcement look like? It’s finally happening — Attorney General Jeff Sessions will, today, rescind the 2013 Cole Memo regarding federal enforcement in states that legalized cannabis. The Cole Memo, which came…

Marijuana Fundraising In California: What’s In Your Private Placement Memorandums?

November 15, 2017
Hilary Bricken
Cannabis Investments, Compliance and Regulations
1 Comment

Many of our California clients that are raising money ask us to draft or review private placement memorandums (“PPMs“) for private securities offerings in their cannabis companies and/or ancillary cannabis companies. As you would expect, investment in California cannabis businesses is…