Cultiva Law: What Does a Marijuana Lawyer Do for Me?
JUNE 21, 2021 The cannabis industry is one of the fastest growing sectors in the country. Forty-seven states have legalized cannabis in at least some form—as CBD oil or for medical or recreational use—and it may only be a matter of time before marijuana is legal nationwide. With the unyielding demand for the drug, coupled with recent changes in the law, you may be interested in starting your own marijuana business. But where do you start? And, more importantly, what will you need to do to make your dream a success? A marijuana lawyer can help you with all of the legal details, from business formation to contracts, and from compliance with the quickly changing laws to the protection of your intellectual property. Here’s more on what a marijuana lawyer can do for you, as well as some useful tips on how to help you get your marijuana business up and running. Business Formation Starting a marijuana business requires a few key steps. This typically involves forming a business entity. A marijuana lawyer can help you to prepare and file the necessary documents to legally establish a business or corporation. Your lawyer also may be able to assist you with structuring your business so that it operates in a way that facilitates your goals. If you have partners, then your lawyer will be able to advise you on how to protect each of your interests and clearly define the parameters of your business relationships. Drafting And Negotiating Business Agreements Business agreements must be written in a way that is clear and enforceable, meaning that they must follow certain legal and financial guidelines. Your marijuana lawyer can help to draft a business agreement in a way that protects you and your business while also ensuring that it does not violate any…
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