Insights
Welcome! Check out the latest insights from the team at Kaufman McGowan, one of the nation’s leading corporate cannabis law firms.
Kaufman McGowan Implores Governor Hochul to Fix the NY Cannabis Market
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...
Mergers & Acquisitions: How to Buy or Sell a Cannabis Business
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...
Mergers & Acquisitions: How to Buy or Sell a Business
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...
Revised Adult-Use Cannabis Regulations in New York
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...
Kaufman McGowan Submits Comments on Draft Adult-Use Cannabis Regulations
Kaufman McGowan attorneys Neil M. Kaufman and Sean J. McGowan submitted comments to New York’s proposed adult-use cannabis regulations to the New York State Office of Cannabis Management. Kaufman McGowan has been advised by senior officials at the New York State...
Summary of the November 2022 New York Proposed Cannabis Regulations!
On November 21, 2022, the New York Cannabis Control Board adopted proposed regulations developed by the Office of Cannabis Management (“OCM”) for its emerging recreational cannabis market. Based on the parameters of the New York Legislature’s Marihuana Regulation and...
Choosing A Corporate Structure
View PDF of the chart here! The chart below sets forth the primary differences between the C-corporation, S-corporation and LLC so that a business owner can make an informed decision and choose the best corporate structure for his business. C-corporation...
Selling Restricted Securities
SELLING RESTRICTED SECURITIES Prepared by Neil M. Kaufman, Esq. I. IntroductionA. Registration or exemption required for all sales or issuances of securities B. Other issues affecting sales of securities, whether or not restricted1. Insider trading restrictionsa....
Selling Restricted Securities Flowchart
SELLING RESTRICTED SECURITIES: A FLOWCHART The following flowchart illustrates various methods in which securities may be sold. This chart is intended for use in connection with sales of securities by security holders of U.S. publicly traded companies within the U.S....
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