article thumbnail

Buyer Beware: Five Key Due Diligence Items When Buying a Cannabis Business

Canna Law Blog

State and local law and compliance This is the number one priority. Laws and compliance obligations for cannabis businesses can vary widely by state, county, and city. Boilerplate leases often dont meet cannabis compliance standards, so a careful review is critical.

article thumbnail

2025 Legislative Session- Relating to Cannabis

Connor & Connor PLLC

A multitude of modifications have occurred, some regarding the Cannabis Compliance Board’s oversight, as well as the establishment of many definitions which could impact cannabis companies’ operations. Information and data relating to the scoring and ranking of applications for a license. A complaint pursuant to NRS 678A.520

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Australia Cannabis Q&A

Canna Law Blog

Cannabis Business Licensing & Compliance 6. Compliance with security requirements (facilities, protocols). High compliance costs: Security measures, GMP standards, and detailed reporting. What security and compliance requirements do cannabis businesses need to meet? The specific license type. Competition Law 30.

article thumbnail

Why Cannabis LLCs Need Operating Agreements

Canna Law Blog

Regulators may require licensees to provide operating agreements as part of compliance. Suddenly, that informal or barebones agreement isnt enough. Without an operating agreement, cannabis LLCs can face serious issues: Banks and financial institutions may refuse to open accounts without basic governance documents.

Banking 83
article thumbnail

Licensing Cannabis Trademarks: What You Need to Know

Canna Law Blog

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 ). That can trigger licensing obligations, background checks, or other compliance requirements.

article thumbnail

Division of Cannabis Regulation publishes notice for transporters

Illinois News Joint

The Illinois Department of Agriculture and the Division of Cannabis Regulation published a notice to inform all licensed transporting organizations about potential modifications that can be made to transporter operation and security plans. For more information on News Joint Bar Service, visit here.

article thumbnail

Jason Adelstone to Speak at the 2025 Cannabis Law Institute in Denver

Canna Law Blog

As the cannabis industry enters a critical next phase, Jason’s deep experience in regulatory compliance and international drug policy will bring valuable perspective to this forward-looking conversation. For more information or to register, visit www.incba.org. Topics will include international regulatory developments, U.S.

Law 61