Regulations

Tracking trends in the burgeoning U.S. cannabis industry can be a dizzyingly ambitious activity. There are now 30 states plus the District of Columbia (D.C.) which have legalized cannabis for medical use, and 9 states plus D.C. which have legalized cannabis for adult-use. Another handful of states...

For consumers, the innovation of ride-sharing services has arguably made travel better and more convenient. For existing taxi drivers and other ride-hailing drivers, that's far from the case. What Happened On Wednesday, New York City became the first major U.S. city to temporarily halt new...

The Securities and Exchange Commission said Tuesday it's delaying a decision on the proposed VanEck SolidX Bitcoin Trust by more than a month. The SEC said Sept. 30 will be the date the commission either approves or disapproves the fund. What Happened Exchange traded funds issuer VanEck and...

China Rapid Finance Limited (NYSE: XRF) serves one of the largest consumer credit markets in the world: over 500 million customers. Yet the industry is threatened by regulatory modifications, according to Jefferies.  The Analyst Jefferies analyst John Hecht downgraded China Rapid Finance...

The prospects for a Sprint Corp (NYSE: S)-T-Mobile Us Inc (NASDAQ: TMUS) merger just got a little bit better. What Happened The U.S. Department of Justice is of the mind that just three national 5G wireless providers are needed for sufficient competition, according to a report by the New York Post...

As California works out the kinks in its new, if long-anticipated, adult-use market and Canada prepares to roll out its nationwide industry in October, the overall cannabis industry in North America is already a multi-billion-dollar enterprise. Yet growth opportunities abound, and activity at the...

Exposure to industrial hemp farming has begun to increase as of late, despite the Controlled Substances Act of 1970, which made the plant illegal to grow in the U.S. This non-psychoactive plant possesses numerous economic purposes, but one recent study suggests its capabilities transcend plastic...

The term "administrative offset" brings to mind meaningless governmental jargon. It is governmental jargon. But if you are affected, it's not meaningless at all. In layman's terms, administrative offset is the government's way of applying money that would normally be...

Firearm background checks reached their second-highest level in July coming in at over 1.8 million. What Happened  The previous record for July sales was in 2015, when the FBI conducted nearly 2.2 million checks. Although the number of background checks conducted does not correlate with...

By Noah Potter, Esquire, Of Counsel to Hoban Law Group [Editor's note: This is the second of a two-part review regarding the status of adult-use legalization in New York State in light of the governor's commissioned report by the Department of Health. The first segment ran in this space...

By Noah Potter, Esquire, Of Counsel to Hoban Law Group [Editor's note: This is the first of a two-part review regarding the status of adult-use legalization in New York State in light of the governor's commissioned report by the Department of Health. The second segment will run in this...

Do you remember the 21st night of September? Cryptocurrency traders will, as it could be the date when the Securities and Exchange Commission renders a decision on the fate of several bitcoin-related exchange traded funds proposed by Direxion, one of the largest issuers of inverse and...

The biggest news in cannabis this week probably came out of Acreage Holdings. The company that counts U.S. House speaker John Boehner and former governor Bill Weld among its directors announced it had raised $119 million in private capital and has plans to go public in Canada. It's believed...