canna law blog

How To Handle A Neighbor Who Wants To Shut Down Your Cannabis Business

“Not in My Back Yard,” or NIMBY, seems to be the word of the day for the marijuana industry and this is not a good thing. With legalization taking over state by state, NIMBY neighbors are coming out in large numbers to go after marijuana businesses. NIMBYs can be aggressive and, in our experience, will

canna law blog

Marijuana Legalization Map

Below is an updated map on the current state of marijuana legalization in America. The District of Columbia recently voted to decriminalize marijuana and Maryland will follow with decriminalization in October 2014. Please note that this map is subject to change as states continue to address marijuana legalization.

canna law blog

Marijuana Decriminalization Versus Legalization: A Difference That Matters

Many people use decriminalization and legalization synonymously and interchangeably, and that’s not correct. Decriminalization essentially means that a given activity no longer qualifies as criminal conduct and can only be treated as a civil infraction, but that activity is unregulated. Legalization ultimately means the ability to lawfully regulate a given activity, as well as the

canna law blog

Marijuana Business Valuations: Still Mostly an Art, not a Science

For many marijuana business owners, return on investment is based more on its exit value than on its net profits. This is particularly true for minorityshareholders not involved in the business’s day to day operations; their goal is to build up the business as much as possible so as to maximize its sale value. Think

canna law blog

Top Ten Marijuana Industry Red Flags

We’ve been marijuana business lawyers for a long time now and in multiple states, and being on the front lines of this industry means that we have seen a lot of good and bad actors. In this post, we share the Top Ten Marijuana Industry Red Flags so that you know what to look for to