One of the most fundamental questions facing any entrepreneur - whether in the cannabis industry or elsewhere - is: “What type of business entity should I choose?” This is a deceptively complex question, although we’ll try to make it seem simple here. When you ask your lawyer or accountant, their first response will likely be
We always say we aren’t giving legal advice on this blog. Here’s some, though: don’t use or sign a contract given to you by a broker for a transaction, unless that broker is a real estate broker, and unless the form is a real estate purchase agreement. Even then, you almost certainly want lawyer eyes
“An hour of planning can save ten hours of doing.” Apparently, Dale Carnegie said that. Mr. Carnegie was a 20th century influencer, who, as far as I can tell, never sold any weed. He did make a pile of money selling books and talks on how to be confident, charming, etc. That’s not my cup
On Thursday, November 7th, Vince Sliwoski and Fred Rocafort held a post election discussion "Post-Election Cannabis Wrap – Smoke ’em if You’ve Got ’em". Watch the replay! Key Takeaways from the "Smoke 'em if You've Got 'em - 2024 Post Election Cannabis Wrap" Webinar: Panelists: Vince Sliwoski: Oregon Business lawyer specializing in cannabis and commercial
Leasing commercial property to a cannabis business in California presents a unique set of challenges and opportunities for landlords. Understanding the potential risks and rewards is essential to making informed decisions. This guide examines various questions our cannabis landlord clients frequently ask my law firm's attorneys regarding leasing California properties to cannabis businesses.
When someone buys a cannabis business, and not just that business's assets, they essentially inherit all of its liabilities. And there are usually a lot. If the business is in the midst of a lawsuit, owes back taxes, is behind on rent, etc., the buyer will need to deal with those problems on its own--unless
Cannabis commercial lease agreements Signing a commercial lease can be an exciting step toward realizing operational goals in your Washington cannabis business. However, if a lease is not analyzed and completed correctly, the agreement can leave either the landlord or the tenant, or both, with additional headaches and liability. Understanding the nuances of the cannabis
Arizona's record-breaking cannabis market In the landscape of booming and busting cannabis markets, Arizona emerges as a standout success story. A naturally beautiful state that attracts a sizeable group of tourists every year, Arizona skyrocketed past $1 billion in total cannabis sales for 2023. Unlike its northern neighbor of Nevada, Arizona has exceeded $1 billion
You may think that due diligence is something reserved for business or real estate purchases. But due diligence is also a must for lenders in cannabis loan transactions. I recently wrote a post about what borrowers can look forward to in cannabis loan transaction. Today I want to do a deeper dive into due diligence
Cannabis real estate transactions can be notoriously complicated - much more so than your average real estate deal. On January 9, 2024, I'll be speaking on a panel called "Navigating Real Estate Issues Impacting the Cannabis Industry" for the Los Angeles County Bar Association, where my co-panelists and I plan on touching on many of
