cannabis due diligence

Investing in Cannabis: Five Due Diligence Red Flags

Our cannabis team has performed due diligence on countless business purchases, investments, loans, and just about every other kind of transaction you can imagine. As you can imagine, we’ve seen some pretty bad and even sketchy things over the years. With rescheduling on the horizon (see here and here), we expect to see an increase in loans, investments,

california cannabis non-disclosure agreement NDA

California Cannabis: Make Your Non-Disclosure Agreement Count

In the ever-evolving landscape of the cannabis industry, the use of non-disclosure agreements (NDAs) is becoming more prevalent as the demand for difficult to grow exotic strains increases and more brands and businesses flood the market. Previously we have blogged about the importance of NDAs to safeguard confidential business information. Cannabis businesses should continue to

cannabis edibles

Unwrapping the Legal Battles Against Cannabis Edibles

Cannabis companies are often unclear about what edible products are legal to manufacture and distribute. While some cannabis edibles may be legal on a state level, federal regulations prohibit placing some cannabinoids in food altogether. This legal landscape is often confusing for cannabis edibles manufactures, who see their products as a natural expansion of cannabis

interstate commerce cannabis

Changing Interstate Cannabis Sales

As states slowly but inevitably continue to legalize cannabis medically or recreationally, we often need to be reminded that cannabis is still illegal on the federal level. Due to this widespread, ineffective prohibition, the cannabis industry and its many operators must follow a very extensive and strict set of parameters to ensure that they remain

california cannabis taxes

California Cannabis Tax Collection and Penalty Nightmares

California’s cannabis taxes are a disaster, with no end in sight. I’ve written about the state’s tax problems extensively, but today I want to talk about what the state can do when it comes to tax collection. Late cannabis taxes? Get used to hefty penalties If a licensed cannabis business fails to timely or fully

Cannabis loans and investments

FREE Webinar Tomorrow: Cannabis Loans and Investments

Register Here Reminder! We are all set for our latest cannabis business webinar, tomorrow, February 28th, focused on “Cannabis Loans and Investments”. In 2024, a constellation of factors makes things very interesting for both cannabis industry investors and businesses: More states are open for business and investment than ever before In the macroeconomic environment, interest

mississippi cannabis

Mississippi, Medical Cannabis Advertising and the First Amendment

Mississippi’s Initiative 65 Easily one of the biggest legislative surprises of the 2020 was the passing of Mississippi’s Initiative 65, a medical cannabis bill with an extensive qualifying conditions list. In arguably the reddest and most socially conservative state in America — where only one Democrat has served as Governor since 1992, and where Republicans

australia

Australia Cannabis: Recreational Use Legislation Update

Australia is said to have one of the highest cannabis prevalence rates in the world and public attitudes to its use are shifting. North American, European and other cannabis companies looking for investment opportunities would do well to follow these shifts. Growing cannabis for medicinal and scientific purposes was legalized under federal law in 2016.

California cities

California Cities: Prohibition Doesn’t Work

California has a population of nearly 40 million, six years of cannabis licensing, but only has about 1,200 licensed dispensaries. These stores are mostly spread out in highly populated areas like Los Angeles, San Francisco, and so on. The problem is that many California cities still prohibit cannabis licensing, even in places where a majority

harris sliwoski

Harris Sliwoski LLP Welcomes Five Outstanding Cannabis Attorneys

We are pleased to announce the addition of five outstanding cannabis attorneys to our Washington and California offices. Aaron Pelley, Kristin Westphal, Karen Albence, Aaron John, and Elijah Hartman have joined our law firm from Cultiva Law Group. They will continue to focus on representing cannabis, hemp, and psychedelics-related businesses. Their clients include business owners