Cannabis

Top News

NY Gov. Audits Pot Regulator After Troubled Rollout

By Sam Reisman

New York Gov. Kathy Hochul on Monday announced an audit of the Empire State's embattled cannabis regulator to address the rocky implementation of the adult-use marijuana market, which has been plagued by delays, litigation and an explosion of unlicensed sellers.

NY Lawmakers Float Income Tax Increases On High Earners

By Paul Williams

New York lawmakers proposed temporarily increasing income tax rates on individuals and corporations with more than $5 million of income in budget proposals the chambers released Tuesday, rebuking Gov. Kathy Hochul's pledge not to raise taxes that could drive high earners outside the state.

DC Circ. Mulls Tax-Exempt Status For Ayahuasca Church

By Sam Reisman

A D.C. Circuit panel on Monday pushed counsel for an Iowa church that uses the psychedelic substance ayahuasca in its ceremonies to explain why the Internal Revenue Service erred in denying it tax-exempt status.

Vt. General Revenue Collection Up $24M From Last Year

By Michael Nunes

Vermont's general revenue collection from July through January was up $24 million compared with the same period in the last fiscal year, the state Agency of Administration said in its monthly report.

Hawaii Senate OKs Cannabis Legalization Bill

By Sam Reisman

The Hawaii Senate has approved a bill to legalize marijuana for adult nonmedical use and tax and regulate its sale, sending the proposal to the state House of Representatives for review.

How Firms Can Ensure Associate Gender Parity Lasts

By Kelly Culhane and Nicole Joseph

Among associates, women now outnumber men for the first time, but progress toward gender equality at the top of the legal profession remains glacially slow, and firms must implement time-tested solutions to ensure associates’ gender parity lasts throughout their careers, say Kelly Culhane and Nicole Joseph at Culhane Meadows.


Expert Analysis

What Recent Study Shows About AI's Promise For Legal Tasks

Amid both skepticism and excitement about the promise of generative artificial intelligence in legal contexts, the first randomized controlled trial studying its impact on basic lawyering tasks shows mixed but promising results, and underscores the need for attorneys to proactively engage with AI, says Daniel Schwarcz at University of Minnesota Law School.

Business Litigators Have A Source Of Untapped Fulfillment

As increasing numbers of attorneys struggle with stress and mental health issues, business litigators can find protection against burnout by remembering their important role in society — because fulfillment in one’s work isn’t just reserved for public interest lawyers, say Bennett Rawicki and Peter Bigelow at Hilgers Graben.

Think Like A Lawyer: Forget Everything You Know About IRAC

The mode of legal reasoning most students learn in law school, often called “Issue, Rule, Application, Conclusion,” or IRAC, erroneously frames analysis as a separate, discrete step, resulting in disorganized briefs and untold obfuscation — but the fix is pretty simple, says Luke Andrews at Poole Huffman.

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