California Attorney General (AG) Rob Bonta is asking the Los Angeles County Superior Court to enter a civil forfeiture order allowing the state to collect unpaid taxes and fees from an unlicensed marijuana business by seizing its assets.Continue Reading California AG Petitions State Court for Order to Seize Assets From an Unlicensed Cannabis Dispensary
The Food and Drug Administration (FDA) recently issued first-of-its kind draft guidance for investigational new drug (IND) applications involving psychedelic drugs. Citing the rise in interest in exploring the potential therapeutic benefits of psychedelic drugs, FDA indicated its receptiveness to allowing researchers to investigate exactly how useful psychedelics are at treating psychological disorders, such as depression, post-traumatic stress disorder (PTSD), substance abuse, anxiety, and other conditions. While the guidance is not geared toward trials intended to support marketing applications, the agency’s attention to this topic may herald a new wave of associated investigations.Continue Reading FDA Issues Draft Guidance for Clinical Investigations of Psychedelic Drugs
Clayton Friedman and Michael Yaghi Bring Decades of Consumer Regulatory Expertise to Firm
ORANGE COUNTY, Calif. – Clayton Friedman and Michael Yaghi, two leading authorities in the state attorneys general space, have joined Troutman Pepper’s nationally recognized State Attorneys General Practice Group in Orange County, CA as partners. The pair previously practiced at Crowell
Kamran Salour (CIPP/US, CIPP/E, and CIPT), an experienced data security attorney, has joined Troutman Pepper’s national Cybersecurity, Information Governance, and Privacy practice in Orange County as a partner. Salour will help grow the firm’s Data Security Incident Response team. He joins the firm from Lewis Brisbois.
“Kamran brings an excellent blend of incident response, compliance,
Last week, Ashley Taylor caught up with The American Lawyer’s Ross Todd to discuss how Troutman Pepper built one of the first state attorneys general practices and why clients turn to our team for their regulatory needs. To get his answers, read the full interview here.
While active in the space for several years, state attorneys general have taken increasingly aggressive action over the last year to regulate crypto-based products and services and prosecute those abusing this otherwise exciting innovation. In a recent article, we summarize the basics of crypto, as well as recent actions by state attorneys general involving crypto-based