Cannabis Transactions: I ❤️ Letters of Intent
Canna Law Blog
MAY 28, 2025
Overall, memorializing terms in a well-built LOI is often the most efficient way to proceed in dealmaking. Binding versus nonbinding versus hybrid LOIs LOIs are usually nonbinding, or nonbinding with just a couple of binding terms (e.g., Definitive agreements will flow naturally from a good LOI. confidentiality, exclusivity).
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