We’re pleased to share two posts that Tanya Hoke co-authored with Tom Firestone of Baker McKenzie for that firm’s Global Cannabis Compliance Blog this month.
The Wynn allegations are also already influencing debates around licensed cannabis operators in Massachusetts. We take a look at what the MGC’s vetting process and its response to the latest reporting on Wynn can teach the legal cannabis industry.
Galen Diligence discusses the increasing sophistication of the licensing process in Massachusetts and California, as well as the way that operations in one state can affect your licensing in another.
In many states, regulations don’t say what a background check covers other than “criminal records.” But we found that the checks go beyond criminal records in Massachusetts.
The challenges associated with attracting investment in the cannabis industry mean that many new businesses launch with financing from family and friends. But that doesn't exempt these businesses from the need for good due diligence.