Your Cannabis Contract: Is It Worth The Paper It’s Written On?


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

We write frequently about the importance of contracts to the state-legal cannabis industry. We preach about the need to have solid contracts in place before you need them, covering everything from purchasing and employment to services such as security and laboratory testing. The hope is that your agreements are on solid legal footing and clearly describe the parties’ rights and obligations, thereby obviating the need for the parties to resort to arbitration or litigation to solve their dispute. But if a problem arises that the parties can’t work out among themselves, the litigants may find themselves confronted with a second challenge: is their contract worth the paper it’s written on? In other words, is it even enforceable?

Read Rebecca Millican’s article:

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Published by NCV Newswire
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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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