With the vote to begin recreational marijuana sales in California, cannabis business owners must navigate new waters to establish themselves with consideration of local and state laws. They also must circumvent federal laws, which still prohibit marijuana sales and use.
Another major consideration that is coming into play is how to co-exist with other businesses. Partnerships between mutually beneficial businesses can be highly profitable for all parties involved. However forming such deals can be tricky given the perceptions around the cannabis industry as well as non-cannabis businesses wanting to remain compliant with all relevant laws.
Before joining forces with sister businesses, it’s important for cannabis entrepreneurs to speak with a marijuana lawyer with an expertise in laws to guide you in best practices for a partnership. Continue reading