Hi, I’m Michael H. Cohen. I’m founding attorney at Cohen Healthcare Law Group. We provide legal strategies and solutions to businesses that accelerate health and wellness. In today’s video, we’ll talk about some business legal tips for cannabis companies. Cannabis industry faces a lot of challenges. The rules change, they vary by state, they vary by county sometimes.

So here are a couple of legal tips that a cannabis business can consider. So first of all, you need attorneys who are current with the latest rules, the latest regulations, the latest legislation, and this is opening up all the time. So for example, we work with a cannabis dispensary and uh, we gave them just periodic updates so they could stay compliant and that helped them to avoid a ton of fines and business disruptions.

Second, it’s important to have strict compliance protocols in place. So we’ve provided one client with a checklist to ensure that their operations aligned with everything that the state required. By following these clear protocols, they minimize the risk of non compliance. They built a lot of trust with the regulators as well as the customers.

And last, Cannabis companies sometimes still face banking hurdles, investment hurdles. So identifying those go to places is going to be important in helping to build a business.

If you’d like to dive deeper into any of the topics we’ve talked about today, reach out to us. Click below. We’d love to talk to you.

We look forward to it.