The intricate nature of counseling clients who form marijuana businesses under California’s cannabis law was the subject of a recent panel discussion sponsored by Whittier Law School.
The March 2 CLE event, titled “California Cannabis Law: A Legal Perspective,” noted that many marijuana business owners are operating within a gray area—even when they are in compliance with California’s state and local regulations. With that in mind, those in attendance were urged to “know what they don’t know” since the marijuana industry is fraught with challenges that could affect them and their client. Among the difficulties is the availability of banking and credit solutions.
Panelists also advised the participants to avoid the temptation to “wing it” with a marijuana business client. It may be necessary to contact a specialist in order to proceed appropriately, with many marijuana business clients often requiring multiple attorneys to protect themselves and their business.
The forum was organized and moderated by Daniel Weis, a Whittier Law graduate and a member of the law firm Park Jensen LLP, where he specializes in corporate transactions related to tax.
The panel featured several experts on cannabis law, including Judge Jim Gray, former presiding judge of the Superior Court of Orange County, Calif.; Stefan Borst-Censullo, a Whittier Law alumnus and counsel to Hoban & Feola Group whose practice includes the cannabis industry; Chris Glew, a Whittier Law graduate and partner in the Law Office of Glew and Kim whose practice includes state and federal criminal defense; and Aaron Herzberg, a partner at CalCann Holdings, Inc., a medical marijuana real estate company with a portfolio of licensed California medical marijuana businesses and properties.
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