7 Steps to Make Your Marijuana Business Contract Almost Bullet-Proof


Rebecca Millican heads up the Canna Law Group’s Illinois practice

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

Read Rebecca Millican’s “Crafting a Marijuana Business Contract That Will Stand Up in Court”:  http://www.cannalawblog.com/crafting-a-marijuana-business-contract-that-will-stand-up-in-court/

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Published by NCV Newswire
NCV Newswire
The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.

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