At KarolWilliams PC, our experienced attorneys provide representation for a wide range of Cannabis Law.
As of January 2018, the adult use of cannabis became legal under the Adult Use of Marijuana Act (AUMA), an initiative approved by California voters. This act allows adults to possess, privately use, give away, and cultivate marijuana. It also legalized the commercial sale, distribution, and production of cannabis. Following the passage of the AUMA, the California legislature passed the Medicinal and Adult-Use Cannabis Regulation and Safety Act (MAUCRSA), which created the general framework for the regulation of commercial medicinal and adult-use (i.e. recreational) of cannabis in California.
As a result of the legalization of cannabis under California law, California has become a trailblazer in the development of the cannabis industry. At KarolWilliams PC, we help lead and innovate in Cannabis Law, by helping entrepreneurs start and grow their cannabis businesses. We provide many services, including the following:
- Entity Formation
- Business Purchase
- Commercial Lease Review and Negotiation
- Agricultural Lease Review and Negotiation
- State and Local Licensing and Permitting
Who needs it: Any entrepreneur wanting to enter the cannabis industry, or established cannabis industry businesses expanding lines of business (e.g. retail sales into cultivation).
Fee Arrangements: We work with you to come up with a fee structure that works for you. We have worked on an hourly basis, on retainer, as well as on blended equity-hourly arrangements.
Types of businesses we’ve advised: Cannabis Dispensaries, Cannabis Cultivators, Cannabis Branding Companies; Vertically Integrated Cannabis Companies.