Oregon Cannabis: The OLCC License as Security
Can a creditor, landlord or other third party take a security interest in an OLCC license? Can an OLCC licensee collateralize or pledge its license– as if that license were personal property, and not...
View ArticleChina Manufacturing Tips for Cannabis Brands
We are seeing in an uptick in China-related matters involving cannabis brands. Here are three tips for cannabis brands that are getting their products made in China: 1. Sign a Contract As I recently...
View ArticleFive Reasons Written Contracts Beat Handshake Deals
One of the best insurance policies a cannabis business can get is a written contract. Paying a lawyer a little bit up front can save hundreds of thousands when things go south. A lot of folks in the...
View ArticleThe Lawsuit to End Federal Cannabis Prohibition Wouldn’t Really End Federal...
The lawsuit filed on October 26 against Merrick Garland to “end federal cannabis prohibition” wouldn’t really end federal cannabis prohibition. If you had that impression, it may be because reporting...
View ArticleFederal Cannabis Legalization Isn’t Here Just Yet
I’ve been representing clients in California’s cannabis industry since 2018. Our firm has been representing businesses in the space for many years before that, in states with more mature licensing...
View ArticleFlorida Court Ponders Cannabis Legalization
On November 8, 2023, the Florida Supreme Court held oral arguments on the validity of a constitutional amendment initiative to legalize adult-use cannabis (case number SC2023-0682). The Florida...
View ArticleCannabis Banking Today
We are helping build out another cannabis banking program here in Oregon. My law firm has done a series of these for credit unions (“CU”s) and other financial institutions (“FIs”) going back to 2014....
View ArticleEquity Incentives and Cannabis Businesses
A common way to get and retain employees is to issue them options or equity securities like corporate stock. But like with everything else, issuing securities is heavily regulated. Today, we’ll look at...
View ArticleRisk Allocation in Cannabis Contracts
One of the main reasons why I am such a vocal supporter of written cannabis contracts is allocation of risk and liabilities. Parties to a cannabis contract have a number of ways that they can allocate...
View ArticleHappy Thanksgiving from Canna Law Blog!
Here’s to a relaxing holiday with family and friends. Enjoy the holiday! We will be back next week with our regular programming. The post Happy Thanksgiving from Canna Law Blog! appeared first on...
View ArticleWhat Cannabis Companies Can Expect When Borrowing Money
Cannabis companies that need more money than they can generate through sales generally have two options: borrow money (debt) or solicit investments (equity). Over the years as the industry has...
View ArticleCannabis Companies and the OTC Markets
I stumbled upon this recent post by Jason Paltrowitz titled “Lawful but Awful: The Small Cap IPO Cycle.” It contains some interesting findings and I like everything about it for cannabis companies,...
View ArticleWhat to Expect in Cannabis Real Estate Deals
Cannabis real estate transactions can be notoriously complicated – much more so than your average real estate deal. On January 9, 2024, I’ll be speaking on a panel called “Navigating Real Estate Issues...
View ArticleWhy Nondisclosure Agreements are So Important
Nondisclosure agreements (sometimes abbreviated, “NDAs”) are some of the most important agreements a company can sign. At the same time, they can be some of the simplest agreements to get in place....
View ArticleOregon Cannabis: State of the State (2023)
Welcome to the eighth annual “State of the State” post on Oregon cannabis. Last year was memorable for Oregon the industry, pockmarked by OLCC scandal, heavy regulatory swings, and even marquee...
View ArticleAttorney Insights on the Cannabis Industry 2024: Ask Us Anything (for FREE!)
Register Here. Heading into 2024, the cannabis industry is as dynamic as ever. New states continue to come online, legacy states continue to refine their programs, and the federal government is...
View ArticleHappy Holidays from the Canna Law Blog 2023
Wishing all of our readers, along with friends and families, the very best this holiday season. Whether you celebrate Hanukkah, Christmas, Kwanzaa, Winter Solstice, Festivus, or something else, we hope...
View ArticleWhat Lenders Look for In Cannabis Loan Due Diligence
You may think that due diligence is something reserved for business or real estate purchases. But due diligence is also a must for lenders in cannabis loan transactions. I recently wrote a post about...
View ArticleDon’t Use AI to Write Cannabis Contracts
One of the most persistent and common failures in the cannabis industry is using handshakes instead of written cannabis contracts. This is an issue I’ve written about for years (most recently here),...
View ArticleHappy New Year – Cheers to 2024!
Wishing everyone a bright, joyful, and prosperous New Year! The post Happy New Year – Cheers to 2024! appeared first on Harris Sliwoski LLP.
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