Hardly a week goes by without a client asking us: Can we sue the owners of a cannabis company personally for the company’s failure to pay our invoice / transfer us the license / sell us the land?
In other
Latest from Canna Law Blog - Page 2
America’s Missed Opportunity in the Global Marijuana Market
After attending the International Cannabis Business Conference (ICBC) in Berlin at the end of April, I was reminded, yet again, of how draconian U.S. marijuana laws truly are. The excitement throughout the event was palpable. Much of it was driven
Due Diligence in Cannabis Transactions: Mechanics and Red Flags
I don’t know how it came to be, exactly, but I’ve spent countless hours of my adult working life aiding due diligence on cannabis transactions. These transactions involve all kinds of companies, from sole proprietorships to public companies, and a
How Strong Is Your Cannabis Trademark?
Understanding Trademark Strength
We frequently discuss the cannabis-specific challenges that brands face when seeking trademark protection. But it’s just as important not to lose sight of the core trademark principles that apply to all businesses—especially the need for a strong
Oregon’s Ballot Measure 119: Time’s Almost Up?
Hopefully this is the penultimate time I’ll write about Ballot Measure 119. Hopefully, some three weeks from now, I’ll publish one last post explaining that this landgrab initiative was annihilated, judicially speaking.
The recent Federal Court hearing
On April 29th,
Buyer Beware: Five Key Due Diligence Items When Buying a Cannabis Business
Our cannabis business attorneys regularly handle transactions involving the purchase and sale of licensed cannabis businesses. These deals often move fast, with brokers rushing both sides toward closing—frequently without regard for applicable diligence and cannabis regulations. The worst-case scenario is
Cannabis Taxation: C Corp, S Corp, LLC, LLP, Partnership, Nonprofit, or Something Else for Your Cannabis Business?
Choosing the Right Business Entity in the Cannabis Industry
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
Why Cannabis LLCs Need Operating Agreements
Cannabis businesses are usually structured as limited liability companies (LLCs)—and for good reason. LLCs offer far more flexibility than corporations, which are bound by rigid governance rules. To take advantage of this flexibility (and for many other reasons), LLC owners—called
File Under Bad Ideas: 50/50 Cannabis Business Ownership
There are many ways to set up a cannabis business, and we like to think that we’ve seen them all. But there’s probably no worse category than 50/50 ownership of a business– a recipe for all sorts of disasters.
Licensing Cannabis Trademarks: What You Need to Know
For many cannabis brands, licensing their trademarks can be a savvy business move (for more information on cannabis trademarks generally, check out our webinar, Trademarking Cannabis: Cutting Through the Legal Haze). But it also comes with its own set