“Sham Unions”: Alleged Labor Law Violations Shake California’s Booming Cannabis Industry

Article by: Associate Michael A. Carlin Several major legal cannabis companies in California are facing allegations of violating state law by collaborating with and signing labor peace agreements with organizations claiming to be labor unions but who have failed to genuinely advocate for workers’ rights. According to California law, cannabis companies with over 20 employees…

Major Step in Federal Cannabis Policy Reform – The Proposed Rescheduling (But not De-scheduling) of Marijuana

Article by: Radhi Shah, Janet Jackim, and Tom Zuber Summary In a groundbreaking development on August 29, 2023, the United States Department of Health and Human Services (HHS) recently concluded that, based upon its research into medical responses to the use of marijuana, scientific research evidence, and medical evaluations, it should not be a Schedule…

Legal Update: Major Development in SEC v. Ripple Case – Summary Judgment Decision Announced

Yesterday we received a decision on the cross motions for summary judgment in SEC v. Ripple.  Full text of decision: https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.874.0_2.pdf  Judge Torres stated categorically that a token is not automatically an investment contract.  The sale of tokens can be a security in certain circumstances, but two problem areas appear to have tipped strongly in…

Zuber Lawler Congratulates Bitcoin Depot on NASDAQ Debut and Stellar Performance

Zuber Lawler extends warmest congratulations to long-time client Bitcoin Depot, the world’s largest crypto ATM operator, on their successful inclusion in the NASDAQ trading system. This remarkable achievement follows their transaction with special purpose acquisition company (SPAC) GSR II Meteora (GSRM). Bitcoin Depot’s expansive network of over 6,000 crypto ATMs across the United States, commanding…