With more than $10 million in retail sales during its opening weekend and more than $20 million in retail sales during the first week, Maryland’s adult-use cannabis market is open for business. Nearly 100 of Maryland’s existing medical cannabis dispensaries
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Latest from Foley Hoag LLP - Page 9
The Social Cost of Greenhouse Gases Is Increasing — But Is Uncertainty Over the Measurement of Climate Impacts Artificially Depressing the Number?
By Seth Jaffe
Yesterday, Climatewire (subscription required) released a peer review letter on EPA’s Social Cost of Greenhouse Gases (SC-GHG), which got a fair bit of press last year, because EPA’s metric was $190/ton, even though the Biden administration was using the $51/ton…
Sweeping PCAOB Proposal Seeking to Alter Auditors’ Role in Detecting Noncompliance Is Likely to Entangle Auditors in Complicated Regulatory and Legal Questions
On June 6, 2023, the Public Company Accounting Oversight Board (“PCAOB”) proposed new auditing standards that would substantially broaden auditors’ responsibilities for considering an audit client’s noncompliance with laws and regulations, including fraud. If adopted, the proposal is likely to…
CCC Proposes Regulatory Amendments to Clarify New Host Community Agreement Requirements and Limitations on Community Impact Fees
Key Takeaways:
- The proposed amendments would, among other things:
- Require all license applicants and existing licensees to include copies of their HCAs as part of any initial and annual renewal applications to the CCC filed on or after May 1,
…
City of Cambridge Passes Ambitious Net Zero Building Ordinance
By Kevin Chen
On June 26, 2023, the Cambridge City Council voted to amend the city’s Building Energy Use Disclosure Ordinance (BEUDO) to require large non-residential buildings to reach net zero greenhouse gas emissions by 2035 and mid-size non-residential buildings to do so…
New York State Cannabis Social Equity Investment Fund Secures $150M in Debt to Provide Loans to CAURDs
Last week, New York Governor Kathy Hochul unveiled a noteworthy development regarding the New York State Cannabis Social Equity Investment Fund (the “Fund”), as it secured a substantial investment of $150 million from Chicago Atlantic (“CA”). This capital infusion, in…
Massachusetts Supreme Judicial Court Clarifies “Cat’s Paw” and “Stray Remarks” Doctrines in Employment Discrimination Cases
Key Takeaways:
- On June 21, 2023, the Massachusetts Supreme Judicial Court (“SJC”) issued a ruling in Mark A. Adams v. Schneider Electric USA, Inc., SJC-13352 (2023), addressing the so-called “cat’s paw” theory of liability and concluding that an employer can still
…
Privacy, Cyber Security and Data Protection 101: A Primer that Addresses New York’s New Mandatory CLE Requirement
By Colin Zick
On Wednesday, June 21, Foley Hoag hosted a NY CLE program “Privacy, Cyber Security and Data Protection 101: A Primer that Addresses New York’s New Mandatory CLE Requirements. You can access the materials and recording using the below links.
…
The Wharf District Council “District Protection & Resiliency Plan”: There’s a Lot to Do
By Seth Jaffe
The Wharf District Council recently released its “District Protection and Resiliency Plan.” My immediate reaction is just a quiet OMG regarding the size of the task. Of course, that’s no excuse for inaction and I found the plan…
Cyberattacks on the Energy Sector Continue to Rise
By Cloe Pippin
