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.