2023 may create the harshest conditions yet for the cannabis industry. The economy was already expected to be a challenge to profitability and now turmoil in the banking sector may further distract Congress from passing meaningful marijuana banking legislation, continuing to limit access to Continue Reading
Twitter Goes Green: What This Means for Marijuana Advertising
The Bottom Line The federal prohibitions on marijuana and ingestible CBD make for a complicated compliance environment for media companies, advertisers, agencies and ad tech companies.Twitter’s decision to accept advertising in the space represents a massive sea change for the industry’s online Continue Reading
Reuters Legal News | Bankruptcy Relief for Cannabis-adjacent Debtors? It Gets Hazy
You may have heard this before: As cannabis remains a Schedule I drug under the federal Controlled Substances Act ("CSA"), cannabis companies cannot seek bankruptcy relief under federal law. Not so fast. Access to bankruptcy can be highly fact-dependent. When the debtor in question is adjacent to Continue Reading
BKS Partners Webinar | Minimizing Risk and Maximizing Financing Opportunities in Cannabis
On December 6, Joseph Cioffi, Davis+Gilbert Insolvency + Finance chair, will speak on a panel at a BKS Partners webinar hosted by AlphaRoot entitled "Minimizing Risk and Maximizing Financing Opportunities in Cannabis." Joseph will join Hunter Baldwin, Advisor at AlphaRoot, Isaac Bock, Managing Continue Reading
National Cannabis Industry Association | Is American Cannabis Still the Wild West?
Joseph Cioffi was quoted in a National Cannabis Industry Association community blog post "Is American Cannabis Still the Wild West?" Continue Reading
Cannabis Financing Market Insights
Benzinga Cannabis Capital Conference | Fireside Chat
Davis+Gilbert is a proud sponsor of this year's Benzinga Cannabis Capital Conference at the Fontainebleau Hotel in Miami Beach, Florida. On April 20-21, Davis+Gilbert Insolvency + Finance partner Joseph Cioffi will moderate a fireside chat with Anthony Coniglio, President and Chief Investment Continue Reading
New York State Bar Association | Navigating the Legal Pitfalls of Cannabis Financing
On February 8, Davis+Gilbert Insolvency + Finance partners Joseph Cioffi, Massimo Giugliano and Seiji Newman will speak during a CLE presented by the New York State Bar Association titled “Navigating the Legal Pitfalls of Cannabis Financing”. Session Overview The cannabis industry is expected Continue Reading
Westlaw | Fortune or Forfeiture: Real Estate Lending in the Cannabis Space
With expectations of doubling in the next five years, the cannabis industry will require significant funding to fuel its fast and furious growth. Funding will be needed in particular for property acquisitions, which will serve as cultivation and distribution facilities, and as retail storefronts. Continue Reading
The Top 10 Advertising and Marketing Issues to Watch for in 2022
The Bottom Line 2022 has the potential to be a major year for the advertising and marketing industry — new laws and guidance are going into effect, the Federal Trade Commission (FTC) is reviewing various guides, and new enforcement priorities have emerged. We expect that a number of trends Continue Reading