Los Angeles Open for Cannabis Storefront Retail Licensing in Areas of “Undue Concentration”

Posted by Jenna Rompel on February 18, 2020

Cannabis Updates from Around the State: February 2020

Posted by Margolin & Lawrence on February 3, 2020

Receivership: An Alternative for Creditors of Struggling Companies

Posted by Margolin & Lawrence on January 15, 2020

 

Currently, cannabis market growth is not as strong as many investors had hoped for. It has been reported that since March, cannabis stocks have lost two thirds of their value. While economic growth is never guaranteed for any business, remedies available to floundering cannabis businesses are more limited than those offered to non-cannabis businesses.

DCR Accepting Ownership Change Requests for Non-Retail Cannabusinesses

Posted by Margolin & Lawrence on January 7, 2020

The Department of Cannabis Regulation (DCR) has just confirmed that it is now processing requests for ownership changes to existing Phase 2 (non-retail) cannabis licenses in Los Angeles. This long-awaited news is a game-changer for savvy investors and license holders alike, as it opens opportunities to buy or sell shares of the 139 cultivation, manufacturing, and distribution businesses that are licensed under Phase 2 in Los Angeles.  

The Importance of Shareholders' Agreements in Corporations

Posted by Xochilt Gama on December 19, 2019
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This blog is not intended as legal advice and should not be taken as such. The possession, use, and/or sale of marijuana is illegal under federal law.