California’s legal cannabis industry has long been regarded as a model for safe, regulated marijuana production. However, the state is now facing a serious challenge related to pesticides in cannabis products. In recent months, there’s been a big push to put cannabis...
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marijuana businesses
Can insurance minimize risk for California cannabis businesses?
Cannabis businesses in weed-friendly states like California continue to thrive, especially when under sound business management. However, they still face many of the legal and financial risks that can threaten any business. There are many ways to limit your business...
What is embezzlement?
With serious criminal offenses, it’s usually the most violent crimes that take up most of the headlines. While this is understandable, there is a different bracket of crimes that can also result in severe penalties. White collar crimes may not involve violent...
Are cannabis businesses at risk of product liability claims?
Any entity that provides products to consumers can face a product liability claim if someone suffers harm from a defective product. Since the cannabis industry is still evolving, even here in California, those operating a marijuana business may be at more risk. So,...
2 vital considerations when buying a California cannabis business
The tremendous growth (and growth potential) of the American cannabis industry attracts many entrepreneurs. Some enjoy the challenge of building a company from the ground up, while others welcome shortcuts that may allow them to become a business owner faster....
Can anyone grow cannabis for commercial use?
In recent years, the cannabis market in California has quickly grown to become one of the state's biggest and most lucrative industries. Legalizing recreational marijuana in 2016 made it easier for commercial enterprises to operate legally – entailing more access to a...
How do you know the right way to structure your cannabis business?
If you’re in the process of setting up a new cannabis business in California, one of your considerations will be the type of entity you create. There are a number of different ways you can do it and what’s right for you will be a personal decision considering the...
How to prepare for a regulatory investigation of your business
As a cannabis business owner, you may be aware of the additional scrutiny from enforcement and investigatory bodies. The time and resources that these investigations require from you can feel burdensome and impactful on your business. If you’ve been given notice that...
How does M&A work for cannabis businesses?
The California cannabis industry is rapidly growing. One of the most effective ways of jumping into the cannabis industry is merging or acquiring an existing business, commonly known as M&A. However, it is important to remember that the cannabis industry is unlike...
2 potential roadblocks for your cannabis business
The use, sale and cultivation of recreational cannabis have been legal in California for over six years now. The industry is booming and multiple businesses are turning a significant profit. That being said, it is by no means easy to navigate the cannabis industry. ...