In this episode, I speak with CGL partner, Jenny Gumer about the impact of changing regulations on cannabis businesses. One of the key issues outlined is the importance of cannabis companies having regulatory, commercial, and corporate counsel work together when advising cannabis companies.
Like other businesses, cannabis companies benefit from input from corporate and commercial attorneys. But it’s crucial that it’s supported by regulatory counsel because of the complexities in the regulatory ecosystem that governs the cannabis industry. .
In this episode, you will hear:
- Why there is a need for a holistic legal counsel
- Reasons for the separation of services in the cannabis industry
- Problems companies run into if their corporate or commercial counsel doesn’t take these regulations into consideration
- Regulatory disclosures and things to consider when drafting contracts
- The need for phased acquisition
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