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

Canna Law Blog

Corporate authority Disputes over ownership and authority are all too common in this industry, often due to outdated or nonexistent governing corporate documents. You must also receive written confirmation from seller in the purchase agreement that the documents provided are current, valid, and everything that exists.

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Why Cannabis LLCs Need Operating Agreements

Canna Law Blog

Many entrepreneurs attempt to piece together documents on their own, but this often leads to mistakes that can cause significant legal and financial problems down the line. Starting a cannabis business is costly, and it can be tempting to skip “optional” documents like operating agreements. But thats a major misstep.

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Intoxicating Hemp Swindle

Project CBD

“Each ingredient has a well-documented safety profile at the included doses.” The combination of hemp-derived Delta-9 THC and kratom extract in Kosmic Chews is not inherently dangerous when consumed responsibly,” according to Harshbarger. In California, THC-infused hemp products are banned.

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How a Lawyer Can Aid Cannabis Entrepreneurs in Starting and Growing their Business

Connor & Connor PLLC

Another crucial role of a cannabis lawyer is assisting with the preparation of essential documents, such as affidavits, contracts, and other supporting materials required for your application. Lawyers can notarize documents, ensuring that everything is legally binding and properly filed.

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Due Diligence in Cannabis Transactions: Mechanics and Red Flags

Canna Law Blog

This is principally done by requesting information and documents, which may be housed in a data room or exchanged in some other way. After receiving a diligence checklist or questionnaire, the seller will usually respond to certain requests in writing, and provide documents and other data. Or it may have other questions.

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Cannabis Transactions: I ❤️ Letters of Intent

Canna Law Blog

In cannabis contract negotiations, it’s common for the parties to execute an early-stage document called a letter of intent (“LOI”). An LOI may also be called a term sheet; naming it one over the other has no legal significance. I love these little agreements and today I will tell you why.

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Does “low dose” CBD pose a risk to liver health?

Project CBD

Elevated liver enzymes are well-documented in the purified CBD (Epidiolex) studies, and in a few other reports as well, so this is nothing new. It should be noted that the drug administered in the study was an isolate (which typically requires a higher dose than a full spectrum CBD-rich product).

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