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At Pitch Night, entrepreneurs presented their startup and early-stage companies to some of Long Island’s leading angel investors. Entrepreneurs had a chance to practice their pitches and work out any kinks or considerations that were raised by angel investors and the audience.

Managed account platforms appeal to both individual and institutional investors, as well as portfolio managers. A series of roundtables for emerging fund managers on Long Island included a discussion on the benefits of a managed account platform.

Since legalizing adult-use recreational cannabis, California has generated nearly $4 billion in tax revenue from its sales; however, the California Department of Tax and Fee Administration (“CDTFA”) reports that cannabis businesses, both licensed and unlicensed, owe nearly $200 million in unpaid state taxes. As a result, in recent months the CDTFA has increased raids and seizures of unauthorized cannabis production properties and assets.

This content focuses on a critical concern facing the U.S. regarding existing supply chain challenges: the upcoming negotiation between two major shipping and labor entities on the West Coast.

A recap of a recent event where industry leaders discussed new trends and insights impacting business licensing, changing regulations, and new retail and research operations in the growing cannabis industry.

This article discusses how, as employers continue to struggle recruiting and retaining employees and states across the U.S. lift their restrictions on cannabis use, many companies are considering lifting pre-existing drug-testing polices when hiring.

This post takes a look at how, as more states continued to pass legislation to legalize recreational cannabis, the number of federal trafficking charges began to drop year-after-year.

The House voted in favor of passing Marijuana Opportunity, Reinvestment and Expungement (MORE) Act, which would end federal cannabis prohibition and create opportunities for social equity in the market. The bill now moves to the Senate.

Travis Epp gives an webinar overview of “An Economic Update in Turbulent Times” that explores various global economic issues.

Governor Hochul recently signed New York's 2022-2023 budget bill; one of the key provisions in the bill was a decoupling from IRC Sec. 280E, the severely inhibitive rule that denies most tax deductions to cannabis businesses.

As of July 1, 2022, New Jersey’s medicinal marijuana patients no longer have to pay state sales taxes on any cannabis and related products at state-licensed medical dispensaries.

This blog takes a brief look at the circumstances around the New York Attorney General’s Charities Bureau suspending its collection of IRS Form 990 Schedule B for charities registered in New York. Charities are no longer required to disclose donor information with their annual filings.

The NJEDA announced the creation of the Cannabis Equity Grant Program. This new program specifically targets cannabis start-ups and will provide grants to approved applicants that will be used for start-up expenditures and technical training.

This article discusses recent news related to the IRS’s opting to not automatically challenge claims made by cannabis business operators claiming the IRC Sec. 199A deduction.

Rapid growth in a specific industry frequently leads to an increased risk of fraud – and cannabis is proving no different. This article features a brief look at some of the largest fraud risks related to the cannabis industry.

A brief look at the IRS release related to mandatory electronic filing of Form 4720, Return of Certain Excise Taxes Under Chapters 41 and 42 of the Internal Revenue Code, by private foundations.

An important step in determining whether funds received are a contribution or an exchange transaction is differentiating the funds as deferred revenue or revenue with donor restrictions.

 The NJ Economic Development Authority announced NJ food and beverage companies can bid on tax credits that will help support statewide food insecurity programs.   

In the NonProfit Times article, “5 Tips When Preparing Your June 30 Audit,” Christine Hall shares tips that nonprofits can use to prepare for their June 30 year-end audits.

Blair spoke with host Nicole Petallides and another guest on the economic impacts of the tragic Key Bridge collapse in Baltimore.