Jeffrey Schultz
St. Louis
As seen in:
Nature,
MarketWatch,
New York Law Journal,
JD Supra,
The National Law Review,
Boston Review,
Mondaq,
LexBlog
@AT_Law partner; chair of social media practice; opinions are my own; choice of lawyer is important decision & should not be based solely upon advertisements.
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Articles by Jeffrey Schultz
Cognitive heuristics in the operating room: the role of ‘left-digit bias’ in ophthalmic surgical selection
Abstract Left-digit bias is a cognitive heuristic in which the leftmost digit of a number disproportionately influences judgment. This study evaluates the impact of perceived patient age on ophthalmic surgical decision-making. Using a multicentre federated electronic health record network, patients aged 40–85 years with a routine health visit, followed by at least 1 documented ophthalmic examination and a diagnosis code specific to the surgical outcome under study, were followed for 1 year.
OCM's Regulatory Blunder: More Turmoil For NY's Nascent Adult-use Cannabis Market
On July 28, 2025, the New York State Office of Cannabis Management (OCM) revealed that they have taken inconsistent and positions with respect to measuring distances between dispensaries and sensitive locations in close proximity, which has the potential to impact hundreds of already-licensed businesses.
The DEA's Rule To Reschedule Cannabis To Schedule III: Process And Timeline
On April 30, 2024, the Associated Press (AP) reported the Drug Enforcement Administration (DEA) will propose a rule to reschedule cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA). More specifically, the Department of Justice (DOJ), which has authority over the DEA, submitted a formal rescheduling recommendation to the White House following an August 2023 recommendation from the Department of Health and Human Services (HHS) to the DEA to reschedule cannabis.
Reflections on NY’s Adult-Use Cannabis Industry: Insight from the Rollout and What Lies Ahead for NY Attorneys and their Clients
The New York cannabis industry finds itself at a pivotal juncture, at a critical time in the nascent but rapidly expanding adult-use market. While the NYS office of Cannabis Management and Cannabis Control Board have been subject to seemingly unrelenting criticism over the rollout, the signs are clear now that they’ve laid a solid foundation for a robust, equitable industry.
Why Are There So Many Illegal Weed Stores In New York City? (Podcast) - - United States
In 2021, New York legalized cannabis for adults. It was supposed to be the start of a legal market, but instead a strange new scenario has flourished where seemingly every formerly empty store in the city now sells weed. How has that happened? Foley Hoag Partner Jeffrey Schultz was a featured guest on the Search Engine podcast where he discussed the New York City cannabis market in the episode "Why Are There So Many Illegal Weed Stores in New York City?" Listen to Part 1 and Part 2 now.
New York's Cannabis Control Board Extends Adult-use Application Window Deadlines - - United States
The New York Cannabis Control Board (the "CCB") has extended the window for adult-use cannabis license applications by two weeks. The announcement came during the CCB hearing on Tuesday, October 17th. The new deadline to apply for expedited final Retail Dispensary and Microbusiness licenses has been extended to 5:00pm on November 17th, and the deadline to apply for provisional licenses for all license types was extended to 5:00pm on December 18th.
Between A Rock And A Hard Place: Rescheduling And The UN Single Convention On Narcotics - - United States
Will the United States Attorney General, via the U.S. Drug Enforcement Administration ("DEA") follow the recent recommendation of the U.S. Department of Health and Human Services ("HHS") to reschedule cannabis to Schedule III?
The Cannabis Rescheduling Recommendation: What It Means And What's Next - - United States
In light of the August 30, 2023 historic recommendation from the U.S. Department of Health and Human Services (HHS) to reschedule cannabis to Schedule III, a multidisciplinary group of attorneys from Foley Hoag's nationwide Cannabis practice provides the following outlook and analysis of what's next: The U.S. Department of Health and Human Services (HHS) made a recommendation to the U.S. Drug Enforcement Administration (DEA) that cannabis be moved from a Schedule I Controlled Substance to a...
Bloomberg Report: HHS Recommends Marijuana Move To Schedule III - - United States
Bloomberg News is reporting that the Department of Health and Human Services has recommended to the U.S. Drug Enforcement Administration, to whom power is delegated under the Controlled Substances Act by the Attorney General, that cannabis be re-scheduled to Schedule III of the Controlled Substances Act. The recommendation is apparently based on a scientific and medical review by the Food and Drug Administration ordered last year by President Biden.
Court Grants TRO Prohibiting The OCM And The NYS Cannabis Control Board From Awarding More CAURD Licenses For At Least Two Weeks - - United States
A group of four military veterans filed a lawsuit two weeks ago in New York State Supreme Court against the New York's Office of Cannabis Management ("OCM"), claiming that the agency's rules that prioritize applicants with prior cannabis convictions for dispensary licenses violate the NY Marijuana Regulation and Taxation Act ("MRTA"). In our recent blog post, we discussed Fiore et al. v.
Four Veterans File Suit Against New York's OCM Over Claims That Its Process Prioritizes Applicants With Prior Marijuana Convictions - - United States
A group of four military veterans last week filed a lawsuit in New York State Supreme Court against the New York's Office of Cannabis Management ("OCM"), claiming that the agency's rules that prioritize applicants with prior marijuana convictions for cannabis dispensary licenses violate the NY Marijuana Regulation and Taxation Act ("MRTA"). In Fiore et al. v.
Four Veterans File Suit Against New York’s OCM Over Claims That Its Process Prioritizes Applicants with Prior Marijuana Convictions | JD Supra
A group of four military veterans last week filed a lawsuit in New York State Supreme Court against the New York’s Office of Cannabis Management (“OCM”), claiming that the agency’s rules that prioritize applicants with prior marijuana convictions for cannabis dispensary licenses violate the NY Marijuana Regulation and Taxation Act (“MRTA”). In Fiore et al. v.
Four Veterans File Suit Against New York’s OCM Over Claims That Its Process Prioritizes Applicants with Prior Marijuana Convictions
A group of four military veterans last week filed a lawsuit in New York State Supreme Court against the New York’s Office of Cannabis Management (“OCM”), claiming that the agency’s rules that prioritize applicants with prior marijuana convictions for cannabis dispensary licenses violate the NY Marijuana Regulation and Taxation Act (“MRTA”). In Fiore et al. v.
New York State Cannabis Social Equity Investment Fund Secures $150M In Debt To Provide Loans To CAURDs - - United States
Earlier today, 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 the form of a senior secured loan, will be utilized by the Fund to provide "low-interest" loans to Conditional Adult Use Retailers ("CAURDs").
New York State Cannabis Social Equity Investment Fund Secures $150M in Debt to Provide Loans to CAURDs | JD Supra
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 the form of a senior secured loan, will be utilized by the Fund to provide “low-interest“ loans to Conditional Adult Use Retailers (“CAURDs”).
Decentralized Finance (DeFi) And The Biden Administration's Key Priorities (Part II Of IV)
United States: Decentralized Finance (DeFi) And The Biden Administration's Key Priorities (Part II Of IV) 18 March 2022 by Jeffrey Schultz , Daniella Gordon and Ryan Aloysius Smith Armstrong Teasdale To print this article, all you need is to be registered or login on Mondaq.com. Last month we described the Web3 event, Cryptopia, and one of its reoccurring themes - that laws, regulations and industry standards are coming, and that's not necessarily a bad thing.
Crypto And Blockchain's Surging Wave Of Data Laws (Part I Of IV)
United States: Crypto And Blockchain's Surging Wave Of Data Laws (Part I Of IV) 03 March 2022 by Romaine C. Marshall , Rafael X. Zahralddin and Jeffrey Schultz Armstrong Teasdale To print this article, all you need is to be registered or login on Mondaq.com. Just as Web3 is a catch-all term for digital assets and infrastructure – as highlighted at last month's Cryptopia pop-up – crypto is a catch-all for digital currencies used as a medium of exchange over the internet.
Responding To The Log4j Cybersecurity Vulnerability
United States: Responding To The Log4j Cybersecurity Vulnerability 16 December 2021 by Jeffrey Schultz , Romaine C. Marshall and Dustin D. Berger Armstrong Teasdale To print this article, all you need is to be registered or login on Mondaq.com. Since last December, cybersecurity attacks on supply chain technologies that control and process personal and sensitive information for millions of corporations have intensified.
SPAC Chat Ep. 4: Litigation Update: Preparing For The Next Wave Of Suits Against SPACs (Podcast)
United States: SPAC Chat Ep. 4: Litigation Update: Preparing For The Next Wave Of Suits Against SPACs (Podcast) 29 April 2021 by Jeffrey P. Schultz and Sahir Surmeli Mintz Your LinkedIn Connections with the authors To print this article, all you need is to be registered or login on Mondaq.com. It seems that everyone is taking a second look at SPACs as the number of lawsuits against these alternative IPOs continues to increase by the day.
SPAC Chat Ep. 4: Litigation Update: Preparing for the Next Wave of Suits Against SPACs [PODCAST]
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SPAC Chat Ep. 3: Tracking Trends Of The SPAC Surge
United States: SPAC Chat Ep. 3: Tracking Trends Of The SPAC Surge 31 March 2021 by Thomas R. Burton III , Jeffrey P. Schultz and Sahir Surmeli Mintz Your LinkedIn Connections with the authors To print this article, all you need is to be registered or login on Mondaq.com. There is no denying the surge in special purpose acquisition companies (SPACs) and that these financing vehicles have had a significant impact on financial markets.
SPAC Chat Ep. 2: The Controversy Over Sponsor Equity (Podcast)
United States: SPAC Chat Ep. 2: The Controversy Over Sponsor Equity (Podcast) 11 March 2021 by Thomas R. Burton III , Jeffrey P. Schultz and Sahir Surmeli Mintz Your LinkedIn Connections with the authors To print this article, all you need is to be registered or login on Mondaq.com. Does a minimal investment in a Special Purpose Acquisition Company (SPAC) entitle a sponsor to a tremendous amount of equity after a successful IPO?
SPAC Chat: Busting Common Myths About SPACs (Podcast)
United States: SPAC Chat: Busting Common Myths About SPACs (Podcast) 16 February 2021 by Thomas R. Burton III , Jeffrey P. Schultz and Sahir Surmeli Mintz Your LinkedIn Connections with the authors To print this article, all you need is to be registered or login on Mondaq.com. Special Purpose Acquisition Companies (SPACs) are taking over Wall Street as more and more companies are taking advantage of this alternative IPO strategy.
The U.S. cannabis industry needs access to the U.S. stock markets
ROBYN BECK/AFP via Getty Images A customer smells the wares at a marijuana dispensary in California. In September, the U.S. House of Representatives passed the SAFE Banking Act by a 321-103 margin, with broad bipartisan support. If enacted into law, the bill would be the most monumental federal legislative and policy change for cannabis in U.S. history. However, the bill falls short because it does not explicitly protect U.S. capital-market activity relating to the cannabis industry.
J. Steals from the Rich and Uses the Money to Get Drunk Again
Jun 1, 2009 Too much to lose, he thinks, for anything else, picking pockets, say, casually, without arousing suspicion out front of downtown’s Banks and boutiques where late-afternoon yellows shop-windows, yellows this gabardine’s hushed protest as one more wallet’s lifted, Palmed, and repocketed in the darkness of a credit score’s grave. Another round on me echoes as the first handful of earth drops Without ceremony on the casket’s lid.
Data Breach Cybersecurity Threats
A year after the Equifax hack compromised the personal information for over 145 million people, U.S. Democratic Senators Elizabeth Warren and Mark Warner introduced the Data Breach Prevention and Compensation Act last week.
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