Cannabis Lawyers.

Affordable, on-demand cannabis business attorneys available for entrepreneurs.

Overview.

The cannabis attorneys on LawTrades can provide proactive legal planning to keep your business running smoothly during potentially rocky times. Retailers, processors, growers, and ancillary businesses need a reliable legal service as they maneuver through complex regulations and laws set in place. Our attorneys are licensed across the country and are able to provide both the local regulatory support and the broad corporate guidance marijuana businesses need to succeed.

In addition to our attorneys’ experience in the cannabis space, LawTrades attorneys are available to help with corporate law, intellectual property, commercial litigation, regulatory compliance, real estate, employment law and consumer product issues. Because marijuana is still illegal under federal law, growers, processors and dispensers are ineligible for certain protections, such as bankruptcy and banking. Further, judges may refuse to enforce contracts in court. Cannabusinesses are also disqualified from deducting business expenses from their revenues for Federal tax purposes. Thus, it’s important to have a cannabis business attorney to guide you through all of these potential difficulties.

Benefits of legal advice.

Ensure compliance 

It’s helpful to have a professional double-check things before submission. Forgetting something will only delay your protection from personal liability, plus some applications are non-refundable.

Gain a fresh perspective 

Should your company be formed as an LLC? How about a corporation? An experienced cannabis attorney will consider your goals and lead you down the best route for your business.

Long-term stability 

Marijuana attorneys who assist during formation will have a greater familiarity of your company and its needs going forward, rather than a random lawyer you’re forced to hire if something goes wrong.

FAQ.

What services are offered by LawTrades cannabis business attorneys?

Common projects performed by our marijuana attorneys include business formation, securing permits and licenses, registering trademarks and patents, drafting and reviewing vendor and ancillary business contracts, assisting with rounds of fundraising, implementing website agreements, sorting through tax issues, and helping with real estate issues.

Can I use a “do it yourself” website?

You could but you’re exposing yourself to risk. Those sites certainly have limitations, largely in that their forms are standardized and may leave out important details specific to your company. You also miss out on the ability to have an attorney examine which business entity and state is right for you.

Which states have legalized marijuana?

Marijuana has been legalized - either recreationally or medicinally - in the following states / territories: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, Vermont, Washington, and Washington D.C.

What’s limited liability protection?

It’s the biggest reason why people choose to incorporate their businesses. It provides owners protection from their personal assets against creditors’ claims. As long as the owners truly treat their business as a separate entity, they retain such protection.

What’s a registered agent?

A business or individual designated to receive service of process when a business is a party in a legal action or when the state attempts to communicate with the company. Some states, like Delaware, require entities registered within its jurisdiction to maintain an in-state registered agent.
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