Three developments signal a new regulatory regime is on the way: The US Department of Justice announced it will not interfere with marijuana retail sales as long as all state and federal rules are followed and all taxes are paid; the US Treasury Department's Financial Crimes Enforcement Network issued formal guidance to US banks on how to do business with marijuana firms; and the president of the United States mentioned marijuana and alcohol in the same sentence.
Three recent events will prove seminal in the to-be-written history of the industry and finally announce a pathway for investors and entrepreneurs, sometimes now referred to "ganjapreneurs" or "cannabusinesses".
Securitized real estate offers accredited investors the opportunity to join with other accredited investors to own investment-grade real estate. Normally, these properties are financially secure, with creditworthy tenants under long-term triple net (NNN) leases and under professional management. Asset classes include multifamily housing, NNN retail properties, office buildings, industrial complexes and warehouses, and hotels.
An enormous, quasi-dormant underground economy is awakening and large components are coming to the surface. Taylor West, deputy director of the 440-member National Cannabis Industry Association, said, "There is a whole canopy of products that goes beyond plants." He cites cannabis-infused foods and drinks, cannabis oils, butters, tinctures, and salves.
"not much there"
A recent report by the research group Massolution opines that crowdfunding and P2P investors injected $1 billion into the US real estate market in 2014 and that the number will double in 2015. New debt participation structures and an increased access to non-US investors are cited as two reasons.
"Wonderful guide to USA securities law (including crowdfunding topics)!"
Unique, step-by-step guide for the startup mobile caregiver. Learn how to get the documents you need, where to get them, how to file them, and to how to comply with the law. This guide is a Stanford lawyer-authored insider's report on how to get into the booming delivery business in three to four weeks.
This handbook is addressed to anyone seeking up to $5 million to fund a limited partnership where you do not want to specify which properties will be purchased and/or sold. This form of real estate partnership is known as a blind pool. Just as in a blind pool real estate investment trust (REIT), investors in private placements do not know which properties the partnership will purchase.
The new Rule 506 changes everything. The SEC has lifted an 80-year ban on general solicitation. Start-ups for the first time can use public advertising to sell private offerings. The new Rule 506 may prove to be the answer to the prayers of star-ups frustrated with existing fund sourcing platforms. But it also has hidden dangers that will cause many issuers to continue to use the "old Rule 506" [506(b)].
The new rule 506(c) permits general solicitation for the first time in 80 years, under Title III of the JOBS Act. Title IV permits a new form of Regulation A exempt offering. One advantage of the new Regulation A is that it allows you to "test the waters" for interest before undertaking more elaborative filings.
"A straight read of law excerpts, before new reg.s"
Cannabis-infused dishes taste delicious when cooked properly, and they don't have to be ignited to be enjoyed.
Business Brokers and Securities Laws is a monograph on securities law and finders fees.
The JOBS Act has changed the practice of law relating to EB-5 offerings. Regional centers and other EB-5 issuers will have more latitude with respect to general solicitations and general advertisements. However, the effort and cost to comply with securities law will increase significantly due to the "reasonable steps" requirement. Proof of "reasonable steps" taken to verify accredited investor status will now be a condition to the availability of the exemption under Rule 506 (c).
This is an up-to-date primer written by a Stanford lawyer for anyone seeking $500,000 to $5,000,000 to fund a real estate project or investment group.
This audiobook is a primer for starting an offshore hedge fund.
This audiobook includes 17 chapters about exempt offerings.
"Excellent "just the facts" summary"
This book details how to open and operate a legal marijuana delivery service. It covers entity structure and formation and provides hard-to-find legal and business advice. This book covers entity structure and formation and provides both legal and business advice. An early 2012 monograph on changes in state law is included as a free supplement. This step-by-step guide suggests best legal practices for mobile caregivers under The Compassionate Use Act (Prop 215) and the Medical Marijuana Program Act (SB 420).
Regulation Crowdfunding refers to Title III of the JOBS Act of 2012. This audiobook is an introduction to Title III, especially Rule 506(c).
This audiobook discusses Title III crowdfunding, new Rule 506 ©, general solicitation, and intrastate offerings.