Marijuana sales are legal in California. It can be sold for both recreational and commercial use. This has led to the rise of a state-wide cannabis industry, unlike anything that you find in many other states. Although more and more states are following this trend and...
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Business Organization and Formation
Do you need a license to grow cannabis?
Cannabis promises to be a lucrative business as more states continue decriminalizing and legalizing it. Many people are considering how they can become a part of this lucrative industry. Growing cannabis may seem the simplest way to get started in the business....
5 qualities of a good business partner
When forming a business, one of the many options you have is to create a business partner. A business partner can greatly relieve some of the stress of running a business. If you’re looking to start a business partnership, you want the best person for the job. Here...
4 reasons to sell your business
The debate surrounding when to and not to sell a business has been going on for years. Selling a company with the right tips has numerous benefits, but the reason for doing so is crucial. You don't want to sell for the wrong reasons and end up regretting later. The...
2 considerations when forming a California cannabis business
Forming a new business comes with many challenging considerations. For example, you must decide how to fund your operation and determine its ideal location. Those interested in joining the lucrative California cannabis industry have even more considerations awaiting...
How to plan for business disputes
You never know what to expect when going into business. At some point, you will likely face issues with someone. Even a single lawsuit can cause significant stress and take up a lot of your time and resources. While it can be challenging to handle business disputes,...
Did SB 1326 change the rules on interstate commerce and cannabis?
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...
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...