In the cannabis industry, many relationships don’t last. One of the top questions our cannabis lawyers get is “how do I terminate my cannabis contract”? Despite clear contract termination provisions, terminating a cannabis contract can be a very difficult. Today, I’ll examine how cannabis contracts can be terminated. Contract termination provisions The first place I
Across practices, we are seeing the internet turn into a menace for businesses dealing with law enforcement and regulatory agencies. Risks are present for entities of all stripes, but cannabis businesses in particular need to beware of the Internet and what it says about them. If the Internet says so, it must be drug paraphernalia
Here’s a scenario our cannabis lawyers and litigation team have experienced countless times: A client calls and wants to take immediate action for breach of a cannabis contract. They want to terminate the contract. Or evict a tenant. Or file a lawsuit. The first question I always ask these clients is whether the contract contains
Ask any good lawyer the question, “is cannabis corporate governance important?” The answer will be a resounding yes. So why is it often ignored? Why do so many cannabis businesses treat governance as a box to tick on a checklist just once? Here’s a fact pattern our cannabis attorneys have seen time and time again:
Listen HERE or stream on Spotify, Apple Podcasts, Amazon Music, Stitcher, or Soundcloud! At Harris Sliwoski, we keep close tabs on what is happening around the world, and we know that our friends and clients do, as well. We are happy to provide this podcast series: Global Law and Business, hosted by international attorneys Fred Rocafort and Jonathan Bench, where we look at the world
Lately I have been spending a lot of time engaging with clients who are dealing with cannabis investors. I work with companies and investors. Between public and private cannabis companies, the suite of investors runs the gamut from friends and family to key employees, executives, and board members with equity and synthetic equity grants, to
These days, marijuana is constantly on the move in states with marijuana legal reform. As a result, marijuana theft in transit is not unusual (see here and here for example). Typically, licensees have to transport marijuana themselves or a licensed distributor does it on their behalf. Some of these companies may carry their own insurance
Many insurance coverage issues in the cannabis space are relatively new. From fire protection at farms to theft protection in transit, policyholders and insurers alike are facing novel situations applied to old policy language. In the insurance world, when a new or complicated situation presents itself, many insurers will conditionally accept coverage under a “reservation
I recently received a random marketing email in which I was greeted with the word “high” in place of the word “hi”. My first reaction was a long, visceral cringe. My second was the thought, “hey, if I – just a lowly cannabis industry lawyer and not an actual cannabis industry stakeholder – am so
Insurance issues in the cannabis space are multiplying daily as operations continue to expand across United States markets. Cannabis companies face the risk of operational losses as a result of fires, burglary, business interruptions, and myriad other events. Cannabis companies also pay hefty premiums on insurance policies to cover those very losses. Many companies discover,
