“Not in My Back Yard,” or NIMBY, seems to be the word of the day for the marijuana industry and this is not a good thing. With legalization taking over state by state, NIMBY neighbors are coming out in large numbers to go after marijuana businesses. NIMBYs can be aggressive and, in our experience, will
Many people use decriminalization and legalization synonymously and interchangeably, and that’s not correct. Decriminalization essentially means that a given activity no longer qualifies as criminal conduct and can only be treated as a civil infraction, but that activity is unregulated. Legalization ultimately means the ability to lawfully regulate a given activity, as well as the
For many marijuana business owners, return on investment is based more on its exit value than on its net profits. This is particularly true for minorityshareholders not involved in the business’s day to day operations; their goal is to build up the business as much as possible so as to maximize its sale value. Think
We’ve been marijuana business lawyers for a long time now and in multiple states, and being on the front lines of this industry means that we have seen a lot of good and bad actors. In this post, we share the Top Ten Marijuana Industry Red Flags so that you know what to look for to
