In the Media

Why New York’s cannabis licensing is tied up in court: a lawyer explains

by Kaufman McGowan | Sep 15, 2023 | In the Media, Publications

By Sarina Trangle (Newsday)sarina.trangle@newsday.com; Twitter: @SarinaTrangleUpdated September 12, 2023 7:07 amLink to original article: Click here to view. Pot's been legal in New York for more than two years, but its first authorized vendors keep getting caught in...

Judge affirms freeze on pot shops but opens door to exceptions

by Kaufman McGowan | Sep 14, 2023 | In the Media, Publications

By Sarina Trangle (Newsday)sarina.trangle@newsday.com; Twitter: @SarinaTrangleUpdated August 11, 2023 6:30 pmLink to original article: Click here to view. An upstate judge issued an order Friday that maintains a freeze on the processing of provisional retail...

Retail cannabis license pause extended, judge rules

by Kaufman McGowan | Aug 15, 2023 | In the Media

By Sarina Trangle (Newsday)sarina.trangle@newsday.com; Twitter: @SarinaTrangleUpdated August 11, 2023 6:30 pmLink to original article: Click here to view. A judge is keeping the state's retail pot licensing program at a standstill, but he wants a way to get vendors...

NY Cannabis Lawyers Weigh In on Temporary Licensing Pause

by Kaufman McGowan | Aug 14, 2023 | In the Media

By Brian Lee (Litigation Reporter, New York Law Journal)blee@alm.com; Twitter: @bleereporterUpdated August 8, 2023 4:57 pmLink to original article: Click here to view. Cannabis attorney Robert DiPisa said his phone hasn’t stopped ringing in the wake of a New York...

Union challenging LIRR marijuana policy after two workers tested positive

by Kaufman McGowan | Jun 22, 2023 | In the Media

By Alfonso A. Castillo (Transportation Reporter at Newsday)alfonso.castillo@newsday.com; Twitter: @alfonsoreportsUpdated June 22, 2023 8:43 amLink to original article: Click here to view. A Long Island Rail Road union is fighting to overturn the LIRR's zero-tolerance...

Medical cannabis dispensaries on Long Island may not be able to serve recreational buyers

by Kaufman McGowan | Jun 20, 2023 | In the Media

By: Sarina Trangle (Business Reporter at Newsday)sarina.trangle@newsday.com; Twitter: @SarinaTrangleUpdated June 20, 2023 3:45 pm Link to original article: Click here to view Picture above: The Botanist, a medical dispensary in East Farmingdale. Credit:...

Long Island cannabis dispensary locations hard to come by, legal pot shop hopefuls say

by Kaufman McGowan | Jun 16, 2023 | In the Media

By: Sarina Trangle (Business Reporter at Newsday)sarina.trangle@newsday.com; Twitter: @SarinaTrangleUpdated June 16, 2023 2:37 pmLink to original article: Click here to view All photos contained below: Credit: Newsday Long Islanders who hustled to get certified to...

Cannabis bars could debut on Long Island under new rules

by Kaufman McGowan | May 12, 2023 | In the Media

By Sarina Trangle (Business Reporter at Newsday)sarina.trangle@newsday.com; Twitter: @SarinaTrangleUpdated May 12, 2023Link to original article: Click here to view. Picture above: Nnamdi Ukasoanya of Amityville, owner of Medic Grade LLC, a hemp distribution and retail...

Can MSOs, Conditional Applicants Co-Exist In New York’s Rec Cannabis Market?

by Kaufman McGowan | Apr 12, 2023 | In the Media

Business InsiderApril 12, 2023, 03:44 PMLink to original article: Click here to view.Picture above: Columbia Care's Ngiste Abebe speaks Wednesday at the Benzinga Cannabis Capital Conference in Miami Beach, Florida. Photo by Quentin Dupree. New York is a classic case...

Medical marijuana firms sue cannabis regulators

by Kaufman McGowan | Mar 17, 2023 | In the Media

By Sarina Trangle (Business Reporter at Newsday)sarina.trangle@newsday.com Twitter: @SarinaTrangleUpdated April 3, 2023Link to original article: Click here to view. A trade group representing medical marijuana firms filed a lawsuit Thursday challenging the state's...

Putting the Green in Cannabis Businesses

by Kaufman McGowan | Aug 3, 2022 | In the Media

By: David Winzelberg (Reporter at Long Island Business News) August 3, 2022Link to original article: Click here to view.Picture above: Joe Camberato/ Courtesy of...

How a Chewing Gum Heir Fell Into a Sticky Situation With Weed

by Kaufman McGowan | Jun 12, 2022 | In the Media

By Paul Demko (Cannabis Editor at Politico) and Mona Zhang (States Cannabis Policy Reporter at Politico)06/12/2022 07:00 AM EST | UPDATED 6/12/2022 10:41 AM ESTLink to original article: Click here to view. William “Beau” Wrigley Jr. envisioned building a weed empire...

The risky financial deals that shook up one of America’s most promising weed companies

by Kaufman McGowan | Feb 4, 2022 | In the Media

By: Mona Zhang (States Cannabis Policy Reporter at Politico) 02/04/2022 05:01 AM ESTLink to original article: Click here to view.Picture above: Cannabis borrowers, when they can find a lender, typically face high interest rates and conditions on par with those...

Financing Alternatives for Cannabis Companies

by Kaufman McGowan | Jul 1, 2017 | In the Media, Publications

By Neil Kaufman, Esq. Obtaining financing is a challenge for many high-growth companies, especially in the cannabis industry. Since bank debt often is unavailable to cannabis companies, they tend focus primarily on equity or private equity-linked debt (e.g....

Five misconceptions of raising growth capital

by Kaufman McGowan | Oct 1, 2016 | In the Media, Publications

As appeared in Marijuana Venture / October 2016 By Neil M. Kaufman Many cannabis companies seeking to raise capital appear to have some misunderstandings about how to do so. In order to clarify these prevailing misconceptions. here's a look at five common myths...

Sowing Capital Seeds

by Kaufman McGowan | Apr 21, 2014 | In the Media

By: Christine Giordano (Reporter at Newsday)April 21, 2014Link to original article: Click here to view Picture above: Neil M. Kaufman, chairman of LI Capital Alliance, holds forums targeted to bio-tech, tech, health care and consumer products. Although...

Follow the Science: In the race to build an innovation economy, it’s all about the Benjamins

by Kaufman McGowan | Jul 11, 2013 | In the Media

By: Gregory Zeller (Editor at Long Island Business News)July 5-11, 2013 (Vol. 60; No. 29) Picture above: Neil Kaufman: Keeping biotech startups here is the primary mission of the Long Island Capital Alliance.Link to PDF of article: Click here! A revolutionary oral...

Cornerstone Interview: Neil M. Kaufman – Chairman of Long Island Capital Alliance

by Kaufman McGowan | Jan 1, 2013 | In the Media

By: Vivian Leber As seen in The Corridor Journal of Strategic Alliances; 2013Link to PDF: Click here to view. Some years ago, one of Neil Kaufman's clients at Abrams Fensterman, a law practice in Lake Success where he is a partner and chairs the Corporate Department,...