You are here

Home 🌿 Marijuana Business News 🌿 Crafting a Marijuana Business Contract That Will Stand Up in Court 🌿

Crafting a Marijuana Business Contract That Will Stand Up in Court

Submitted by Marijuana News on Wed, 09/30/2015 - 22:41

A few weeks ago we ran a post examining the “illegal” nature of marijuana contracts and the challenge of enforcing such agreements, entitled, “Your Cannabis Contract: Is it Worth the Paper its Written On?” Today we follow up on that post and discuss how to draft your contracts so they have the best chance at enforceability. Although states are increasingly moving towards partial or full legalization, as long as federal prohibition remains the law of the land, your adversary in a contract dispute has a colorable illegality argument that you need to be ready for.

So, how best to combat an illegality argument? Craft your contract in anticipation of that claim. Consider including each of the following terms in your agreements:

  • Acknowledgement of Illegality: Yes, we realize this sounds weird that lawyers would recommend you acknowledge the illegal nature of your business, but let’s face it – everyone knows that marijuana is
    • ...
READ MORE: 
http://www.cannalawblog.com/crafting-a-marijuana-business-contract-that-will-sta…
Rate this article: 
Region: 
United States

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.


420 Intel is Your Source for Marijuana News

420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.

420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.

Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.

You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.