Cannabis businesses often use letters of intent (LOIs) to get agreed deal terms in writing before spending time and money negotiating the definitive written contract. LOIs can be a big help, especially with a complicated deal. But they are easy to botch, and can lead to some pretty devastating consequences if not done right. Be
This is the first in a new series where our Portugal-based attorney, Shannon Brandao, will guide you through the practical, legal, and personal considerations of purchasing a home in Europe. More and more Americans are thinking about moving to Europe. Though the number that pack up and ultimately move is still relatively small, it’s quickly
Last week, I spoke at Brigham Young University’s annual China Conference, which is now in its eighth year under BYU professor Peter Chan. This year the conference’s theme was Peace Together: Continuing a Culture of Collaboration. Professor Chan has become a good friend over the past few years since I started attending the conference. He
Cannabis companies and (depending on the state) brands often use license agreements to grow their brands. If done correctly, they can be a huge driver of revenue for the brands and licensees, and can grow the good will of the brand across a particular territory. However, they are notoriously easy to botch. A bad license
The Increasing Threat of Trademark Scams Trademark scams are on the rise, as the U.S. Patent and Trademark Office (USPTO) warns. If you get a concerning email about your trademark, there is a good chance it’s a trademark scam — but sometimes unsolicited emails are legit (or sort of), in the sense that they are
Pivoting from China to India Recently, India’s Consul General K. Srikar Reddy met with a group of business leaders in Salt Lake City, Utah at World Trade Center Utah to discuss increasing business relationships between Utah and India. Mr. Reddy is based in San Francisco and covers the western US. He was previously posted in
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
China’s Economic Downturn and the Implications for YOUR Business As economic uncertainty roils China, foreign companies operating in or with China face increasing risks. From capital controls to supply chain disruptions to Chinese companies turning against their foreign company partners, businesses worldwide must navigate a more precarious China environment. This article very examines the current
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
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
