Cannabis Law Perspectives

Legal insights into california's cannabis industry

Rogoway Law can help cannabis businesses improve efficiency and decrease costs.
Corporate & Transactional
Hilary St. Jean

Pandemic Distress – Business Cost-Efficiency Scrubbing Services

At Rogoway Law, we understand that the pandemic has taken its toll on many operators and has impacted different industries disparately. It is always crucial to run startups leanly and efficiently, but lately it’s especially crucial for our clients in the California cannabis industry. Here are some ways we can help you decrease costs, increase productivity and motivation among staff

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Rogoway Law is here to lift the administrative burden off of busy clients when it comes to helping maintain corporate minutes books or helping document missing, or cleaning up erroneous, corporate records.
Corporate & Transactional
Hilary St. Jean

Maintaining Corporate Formalities- Annual Meetings, Minutes, and Consents

Rogoway Law is here to lift the administrative burden off of busy clients when it comes to helping maintain corporate minutes books or helping document missing, or cleaning up erroneous, corporate records. We can attend board or shareholder meetings, help you set up a board or shareholder meeting, or simply help you memorialize or formalize your casual meeting notes. We

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Distressed Buyouts - How to Facilitate a Win-Win in a Losing Situation
Corporate & Transactional
Hilary St. Jean

Distressed Buyouts- How to Facilitate a Win-Win in a Losing Situation

Many businesses are suffering through the current pandemic as well as the related and unrelated unstable economic conditions. At Rogoway Law we are witness to many companies tightening belts, reducing their workforce, and coming up with ways to continue through these challenging circumstances. For companies, it’s important to know when to cut losses. It’s never an easy decision but it

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Corporate & Transactional
Hilary St. Jean

Getting Acquisition Ready

Even if your company is not preparing for an acquisition, the company should always be acquisition ready. What that essentially means is: (1) the company should always be mindful of de-risking and mindful of its corporate affairs: the company should be clean and clear from a corporate legal perspective and risk perspective; and (2) the company should have a business

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Corporate Governance Set Up For Business Ventures
Corporate & Transactional
Hilary St. Jean

Employees, Officers and Directors, Oh My!
The Importance of Selecting Proper Governance for Your Business Venture.

Putting together the best team for your business is anything but simple. Starting day one you want to find the right partners, if any, to embark on a long-term journey. This doesn’t stop at seeking the right co-founder(s), if any, to join you in your endeavor. It continues into setting up the governance and control of your business in terms

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A Wage & Hour Primer for HR Managers of California Cannabis Businesses
Corporate & Transactional
Rogoway Law Group

AB 1525 Makes Financial Services More Accessible to Cannabis Industry Operators

On Tuesday – September 29, 2020 – Governor Gavin Newsom signed Assembly Bill 1525 into law. This bill will remove state penalties against banks that serve cannabis industry clients in California, the world’s largest legal cannabis market. In a signing statement declaring his support, the Governor highlighted the bill’s “potential to increase the provisions of financial services to the legal

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Force Majeure Clauses: Pandemic-Proofing Cannabis & Hemp Industry Contracts in California
Corporate & Transactional
Josh Zetlin

Force Majeure Clauses: Pandemic-Proofing Cannabis & Hemp Industry Contracts in California

Due to government-issued shutdowns, quarantines, and employee wellness concerns,  industries worldwide are facing severe declines in productivity. While the world waits for a COVID-19 vaccine, as cannabis and hemp industry operators, you might have a lot of questions about whether or not your business is obligated to perform under its contracts in this time of crisis. Something called a “force

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20 Things to Do in 2020- New Year’s Resolutions for Cannabis Businesses!
Corporate & Transactional
Hilary St. Jean

20 Things to Do in 2020- New Year’s Resolutions for Cannabis Businesses!

1. Reconsider Corporate Structure: Is the entity type right for your business? Are investors indicating different preference (e.g. a corporation instead of a limited liability company)? Consider changing things up this New Year, subject to compliance considerations and limitations around permits and licenses, to align with general preferences and limitations on liability for cannabis businesses. 2. Ensure Written Policies and

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How California cannabis companies can earn more money in 2020.
Corporate & Transactional
Hilary St. Jean

Clean the Slate: Ways to Make Money in 2020

As we get ready to ring in the New Year, we know cannabis businesses would like to hear their cash registers ringing as well. California cannabis companies have struggled recently with over-valuations, over-promised performance forecasts and under-delivery on revenues and forecasts. Investors have struggled to fully comprehend why their investments have not panned out as expected in the emerging legal

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Fast Funds For Cannabis Companies: Promissory Note Financings
Corporate & Transactional
Hilary St. Jean

Fast Funds for Cannabis Companies: Promissory Note Financings

Many cannabis companies are finding themselves strapped for cash and in need of emergency funding or interim financings between larger equity raises. Often these fast funds come in the form of loans from either existing investors or family and friends. These loans, more often than not, tend to take the form of a promissory note. Promissory notes are instruments that

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