by Kaufman McGowan | Dec 23, 2024 | Cannabis, Cannabis - New York, Insights
Petitioners’ counsel, in a letter to the court (copy below) trying to convince the court to not reopen the order, acknowledged that the injunction does NOT apply to:1. All non-provisional applications in the November and December queues;2. CAURD applications...
by Kaufman McGowan | Dec 22, 2024 | Cannabis, Cannabis - New York, Insights
In light of the uncertainty arising from the imprecision in the language of the injunction order in the Organic Blooms case, on Friday December 20, 2024, the New York Attorney General, on behalf of the New York Office of Cannabis Management, has requested...
by Sean McGowan | Aug 19, 2024 | Cannabis, Cannabis - New York, Insights
On August 13, 2024, Kaufman McGowan partners Neil M. Kaufman and Sean J. McGowan sent a letter to New York Governor Kathy Hochul imploring the Governor to take several steps that they believe can be taken to most impactfully address urgent challenges faced by New York...
by Kaufman McGowan | Jul 7, 2023 | Insights, Publications
Prepared by Neil M. Kaufman, Esq.Managing MemberKaufman McGowan PLLC This outline summarizes how to approach the critical factors in merger and acquisition transactions relating to United States cannabis businesses in particular. These transactions generally are...
by Kaufman McGowan | Jun 28, 2023 | Insights, Publications
I. Evaluating Potential Buyers and Sellers. A. Preparing to sell the Company:1. Sellers should:(a) fill key positions in the management team in order to ensure an efficient process (see Section III.A.1). (b) Lock in recurring high-margin revenue growth. Profitable...
by Kaufman McGowan | May 19, 2023 | Insights
New York Cannabis Control Board Issues Proposed Adult-Use Cannabis Regulations On May 11, 2023, the New York Cannabis Control Board adopted revised proposed regulations developed by the Office of Cannabis Management (“OCM”) for its emerging recreational cannabis...