Bar Bulletin

Bar Bulletin

Three Ways to Effectively Assess a Legal Cannabis Company To Mitigate Risk

October 2019 Bar Bulletin

By Merilee Kern

How to scrutinize a legal cannabis company for utmost viability to best ensure your investment, partnership, employment or other engagement doesn’t ‘go up in smoke.’

With the legal cannabis industry projected to exceed $50 billion by 2022, according to Cowen & Co., and another report citing that, from just January to September 2017, alone, “cultivation and retail investments tripled to $718 million” with areas like agricultural technology, infused products, and software attracting copious investor dollars, the future for many stakeholders is decidedly green.1

Given the extent of near-guaranteed growth and financial upside of the legalized cannabis industry and...

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