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What You Need to Know When Buying a Cannabis Business, Part 5: Structuring the Purchase

Buying a cannabis business does not occur in a matter of days, and transactions fall apart for a variety of reasons, as we discussed in Part 1 of this blog series focused on the buy-side of a cannabis M&A transaction. In Part 2, we focused on the regulatory environment, discussing concepts that first-time buyers and their attorneys should …

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Rachel Wolfson: Influencer Profiler

Many comedians have worked cannabis into their professional personas—some even make it their entire persona—but few have incorporated it as flawlessly as Rachel Wolfson. While she’s hilarious and not above using the leafy green goodness as a punch line, cannabis also goes much deeper with her. But it wasn’t always this way.  “I was first …

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Study Finds Cannabis Use Not Related to Loss of Motivation

Study results show that marijuana use is not independently associated with a loss of motivation among teenagers, according to recently published research. The research, by a team of investigators affiliated with Florida International University, was published online last week by the Journal of the International Neuropsychological Society. The authors of the study note that a …

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The Important Role Of Social Equity In Cannabis Hiring

As medical and recreational cannabis becomes a legitimate $92 billion a year industry, a discussion around social equity programs has emerged. Why? Because certain communities have suffered long-term multigenerational impacts from now obsolete laws about marijuana. And now it’s all mostly legal. Understanding the HistoryTo understand the present, we must understand the past. The 1971 …

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Why Most Cannabis Businesses Should Ditch Their SOW Models

Lately, in my review of certain cannabis transactional agreements like cannabis intellectual property (IP) licensing agreements, manufacturing agreements, and distribution agreements, I’m seeing a really high number of statements of work (SOWs) attached. I’m not opposed to SOWs when they make sense. In cannabis though, nine times out of ten, a SOW model isn’t necessary, …

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Fifty-Four Years Ago Today—The Beatles Insisted the UK Legalize Weed in Newspaper Ad

Paying for an expensive full-page ad to run in the London Times on July 24, 1967, The Beatles and band manager Brian Epstein joined a few dozen activists to urge lawmakers—insistently—to legalize pot in the U.K. All four band members smoked and liked cannabis—but especially Paul McCartney, who repeatedly describes cannabis as being transformative in …

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