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Paul Zimmerman

Showing 5 posts from June 2021.

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Cannabis Legalization Means Opportunities for Small Businesses

Recent estimates suggest that the size of the global legal cannabis market will climb to $84 billion by 2028. This is a staggering number that spells opportunity for budding cannabusiness entrepreneurs in the U.S.

No doubt about it, with more and more states like New Mexico, New Jersey, New York and Virginia recently hopping on the legal cannabis bandwagon—and it looks to be just a matter of time before Connecticut turns green and fully legalizes weed—there’s certainly room for additional players in the legitimate cannabis space. But before any would-be cannabis operators open their doors for business, a broad range of legal issues must be considered. (Read More)

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GameStop Mania May Trigger SEC Regulation

The headlines at the beginning of this year touting the ever-expanding list of GameStop paper millionaires—Redditors and its WallStreetBets group and others following in their footsteps, who bought the stock well before its meteoric rise to a record closing price of $483 per share—were soon replaced by cautionary tales of millennials who lost it all. Yes, these market players (many young and less than sophisticated investors leveraging the power of the commission-free Robinhood stock trading app) were riding high, at least temporarily, while sticking it to the hedge funds and big time institutional investors that are the subject of their collective ire. (Read More)

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Cal/OSHA Reverses Course on Workplace Masking

Earlier this week, Michelman & Robinson, LLP reported that the Occupational Safety and Health Standards Board readopted Cal/OSHA’s revised COVID-19 prevention emergency temporary standards (ETS). In doing so, Cal/OSHA decided to phase out physical distancing requirements and place certain conditions upon mask mandates. (Read More)

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Cal/OSHA Set to Relax Certain COVID-Related Workplace Restrictions

Last Thursday (June 3) in a unanimous vote, the Occupational Safety and Health Standards Board readopted Cal/OSHA’s revised COVID-19 prevention emergency temporary standards (ETS). These regulations as proposed phase out physical distancing requirements, but still maintain or only slightly modify many existing pandemic-related workplace restrictions. The next day (Friday, June 4), the Board stated it may refine the ETS in the coming weeks to align its mandate with California’s anticipated widespread reopening on June 15. (Read More)

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Finally, Some Good Wage and Hour News for California Employers from a California Appellate Court

An appellate court in California has just issued a ruling related to wage and hour law that should be of interest (and a relief) to all employees in the state.

By way of background, Labor Code § 226 sets forth nine categories of information that must be included in wage statements. With that being said, it was broadly held last week in General Atomics v. Superior Court that an employer will not be in violation of section 226 when its wage statements allow employees to readily determine whether their wages were correctly calculated. (Read More)