While the basic principles of due diligence still apply, vetting existing marijuana and hemp businesses presents some unique variables and risks.
The cannabis industry is expected to grow exponentially over the next decade. Cutting a deal at this stage could potentially reap outsized rewards, but as ever, deals carry with them a certain element of
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Last week we summarized the various states that had marijuana or industrial hemp on their ballot this mid-term season. Voters in four of the five states with marijuana or industrial hemp on the ballot passed their various measures.
Cannabis is a hot topic in the news. On October 17, 2018, our friends to the north made headlines when cannabis was officially legalized for adult use. As the November 6 midterm elections draw closer in the United States, we’ve compiled a round-up of ballot initiatives across the country that will ask voters to weigh in on a variety of marijuana and industrial hemp initiatives.
Ballotpedia.com maintains a database of local ballot measures extending back to the beginning of the century. According to the website, there have been 164 cannabis-related local ballot measures in California since 2000. Amazingly, 77 of them—or 47 percent—appeared this year, a remarkable spike in number.
On Sunday, October 21, Slate.com (an online magazine of news, politics, technology and culture) published a podcast highlighting Marshall Custer in our Husch Blackwell Cannabis group. Marshall speaks about what it’s like to be a lawyer in the marijuana business. Click here to listen to the podcast.
Husch Blackwell Partner Steve Levine and the Cannabis team were featured in the Sacramento Business Journal on September 19, 2018. In the article Steve explores California’s laws and regulations on the emerging cannabis industry. Husch Blackwell opened our Sacramento office doors on January 2 of 2018.
Husch Blackwell is proud to support @TheNCIA Northern California #CannabisCaucus on Tuesday, October 9 in Santa Rosa, CA. NCIA’s Cannabis Caucus event series has quickly become the gold standard event for professionals serving the cannabis industry! Join the industry’s most influential leaders for an evening of hors d’oeurves, cocktails (cash bar) and the latest organizational and federal…
Husch Blackwell Cannabis team attorneys Steve Levine and Meghan Brennan will participate in today’s #DENStartupweek events by speaking on a panel on the topic of the States of Cannabis. Since Colorado legalized the cultivation, manufacturing and sale of cannabis, cannabis has grown from small mom and pop operations to a large scale agribusiness, and…
What does this mean?
Investment continues to be poured into Canadian marijuana companies listed on US stock exchanges (See Tilray…
Tilray became the first US IPO on Nasdaq on July 19th by a marijuana company. The company priced 9 million shares at $17 apiece and by the end of the day, closing at $22.39, a jump of slightly more than 32 percent on day one. As the date of posting this blog and the second…
