Business owners were hit with a surprise in 2015 when Lloyd’s of London—one of the largest insurers in the cannabis industry—announced it was backing away from the business. It cited regulatory uncertainty and the high risk nature of the business.
Tag Archives: Liability
Cannabusiness Investments: Evolving Risks And Due Diligence
As cultivation, distribution, medical and personal use become increasingly legal at the state level, entrepreneurs, their friends and family and other early-stage investors are starting to see pathways to harvest.
How to Hire a Marijuana Business Attorney
Budding entrepreneurs of all strains need two kinds of advisers: an accountant and an attorney. Leaving accounting aside for the moment, let us focus on what to look for in a marijuana business attorney, given the friction between federal and state law where marijuana businesses are legal and regulated.