Dan Harris in Plastics Today

To be clear, there are certain downsides to leaving China that experts Dan Harris and Andrew Hupert of the international law firm Harris Bricken detailed in a Feb. 23 webinar titled, “Moving Your Manufacturing from China to Mexico.”

Chief among those dangers is the very real possibility of losing access to your company’s assets and intellectual property (IP) if you announce plans to leave China before moving all molds, tooling, and personnel out of the country, Harris cautioned.

“I’m here to dispel the notion that leaving China involves basically pushing a button — it’s a lot more than that. There are risks involved in leaving China. To quote one of my clients: ‘Hell hath no fury like a Chinese factory spurned.’”

Jonathan Bench in The Epoch Times

International business law expert Jonathan Bench told The Epoch Times the deal signals that meeting its growth needs is the Indian government’s primary concern.

“Clearly the Indian government’s number one priority is continuing to provide comprehensive infrastructure to support its explosive growth in the coming decade,” said Bench.

The current deal has obvious geo-political ramifications. Bench said Asia watchers will continue to study how closely India aligns with the United States, Russia, and China on several fronts.

“From a geo-political standpoint, India cannot really afford to do without any of these countries in the near-term. It is not yet clear how much India will be willing to distance itself from Russian energy and weapons and Chinese manufacturing,” said Bench.

Griffen Thorne in MediaPost

“This news isn’t shocking to me,” says Griffen Thorne, an attorney with the Harris Bricken Sliwoski law firm.

“What is shocking is that if they were going to reach this conclusion and it was kind of destined to be this way, why is it only happening now after so many years?

“I think you have to be careful reading this because they’re not saying it’s unsafe. They’re just saying we don’t know if it is safe.”

Vince Sliwoski in Lucid News

Meeting land use requirements will also be a pressing concern for psilocybin entrepreneurs. Just leasing a space to provide psilocybin is going to be complex. Vince Sliwoski, a business lawyer, managing partner at the law firm Harris Bricken, and editor of the Canna Law Blog and the Psychedelics Law Blog, compiled a list of 10 things to consider about property leases for psilocybin businesses.

Vince Sliwoski in Lucid News

Vince Sliwoski, a lawyer at the international law firm Harris Bricken and editor of the firm’s Psychedelics Law Blog, pointed out that the 200 public comments on psilocybin rule making submitted was “far from overwhelming.”

Sliwoski explained that this was consistent with “the phenomenon of interested parties having strong opinions about controlled substances programs (and government programs more generally), but declining to contribute to the record.” According to Sliwoski, the relative lack of comments about regulation also reflects “the fact that the regulated psilocybin industry in Oregon will be smaller than many people initially expected.” In other words, he believes that many in Oregon’s psychedelic underground are keeping their distance for now.

Other insights about the final rules that Sliwoski picked up on include the observation that outside parties still will not be allowed to be present when psilocybin is being administered. The rules about facilitators needing to call emergency services at the slightest sign of distress have also been loosened. “The rules have been amended to require service centers to adopt procedures for client emergencies, and to take mitigation steps prior to contacting emergency services,” said Sliwoski.

Hilary Bricken in The Washington Post

“It’s incredibly difficult to make money if you cannot scale at a huge capacity to combat the inability to take those deductions,” said Hilary Bricken, a cannabis business lawyer at Harris Bricken in Los Angeles.