Known Unknowns In LA’s Cannabis Social Equity Amendment September 29, 2020 Ariel Clark Policy & Legal, Social Equity 0 Comments This summer, the LA Municipal Code was changed decisively (the “Amendment”); shifting power power in a cannabis social equity company to the equity-shareholder (“Equity Individual”). These changes will have a significant impact on LA's social equity licensing, and they also… Read More→
The Nuts and Bolts of Leasing Cannabis Manufacturing Equipment April 4, 2018 Ariel Clark Policy & Legal 0 Comments Nicole Howell Neubert & Jay Purcell, Clark Neubert LLP Since January 2018, when it finally became legal in California for businesses to sell cannabis to anyone over 21 years old, the imagination of our state’s entrepreneurs has focused on creating… Read More→
Duffelbags of Cash? Five Hours to Count $300K? Cannabis Banking Problems Coming to the World’s Fifth Largest Economy. So What Now? November 14, 2017 Ariel Clark California, Policy & Legal 0 Comments For the past year, I had the privilege of serving as one of 18 stakeholders on California Treasurer John Chiang’s Cannabis Banking Working Group (CBWG). Treasurer Chiang created the CBWG after the passage of Proposition 64, which legalized adult-use cannabis… Read More→