This week, Aleece sits down with Perry Salzhauer, owner of Green Light Law Group, to talk about cannabis specialization for lawyers, the development of cannabis law in Oregon and on the West Coast, and how these may pertain to New York State. Green Light Law Group is a full-service business law firm based in Portland, Oregon, that has a significant amount of experience with cannabis in several different jurisdictions. Aleece and Perry use Oregon’s handling of legalizing adult-use cannabis as a benchmark for New York’s timeline, focusing on how New York’s cannabis landscape might look in the future. They discuss the harsh realities of entering into the cannabis industry and agree that right now, while people are waiting for the rules and regulations to be published, it’s important to temper people’s expectations. Perry advises new business owners to have detailed terms for their business’s organizational documents (e.g., operating agreements, buy/sell agreements, etc.) to avoid uncomfortable situations farther down the line. Tune in to hear more advice from Perry Salzhauer about how to effectively prepare to enter the cannabis industry.
DISCLAIMER:
This material is for informational purposes only and does not constitute legal advice or a legal opinion, and no attorney-client relationship has been established or implied. Thanks for listening.