There’s some big news in California regarding the cannabis industry and its regulations. On Sept. 18, 2022, Governor Gavin Newsom signed ten new laws into being that pertain to cannabis, cannabis products, the rights of cannabis patients and the rights of those who...
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Business Organization and Formation
2 things to take into account when buying an existing business
The road to owning a business has many paths. Some decide to build brands from the ground up, turning their ideas into products or services that meet customer needs. Others, however, opt for a partnership with like-minded investors. Then there is a group that opts to...
Addressing smoke damage in contracts between growers, winemakers
It’s becoming increasingly challenging to make good wine in California and further up the West Coast. Record-setting temperatures and historic droughts are now accompanied by devastating wildfires. The smoke from these fires can destroy grapes on the vine. Who has to...
Ensuring that the sale of your business runs smoothly
You’ve decided it’s time to move on to the next chapter of your commercial career and are selling your company. The successful sale of a company can be both beneficial for you and potential buyers. You’re receiving a fair sum for the company and they will be able to...
3 things to look at if considering a merger
If you believe merging with another company is the path to success, it is crucial to be aware of the downsides and complications that mergers can bring. It is far easier to avoid the potential pitfalls and continue alone than undo things after you merged and they...
Stopping the talent loss so common in an acquisition
One company acquiring another can be an excellent business move. An acquisition means increasing the market share that a company has or moving into new areas of industry. A business acquisition can also give your company new facilities, access to new technology and a...
Opening a marijuana dispensary in California
Marijuana distribution is being talked about all over the country. As cannabis becomes legal in various states, people across the country are applying for their cannabis retailer license. Some are looking to sell recreational marijuana, while others are planning to...
How can you save a troubled business partnership?
A business partnership is somewhat like a marriage. You hit it off with a person with similar interests and goals, so you join forces for what you believe will be a long-term relationship. Then things might start to unravel. The two of you seem to have developed...
Looking for a business partner? Here are the top 2 things you need
You may find that your business is starting to grow faster than you realized. It may be time to start taking some of the weight of your enterprise off your back, and splitting your work with a business partner can make your life a lot easier. Knowing what makes a good...
Cannabis industry execs lobby Congress for SAFE Banking Act
Because marijuana is illegal under federal law, those in the cannabis industry are required to deal almost exclusively in cash. Because financial institutions don’t want to risk federal penalties, that leaves distributors unable to open bank accounts or accept credit...