Description
Learn how to minimize your clients risk in the cannabis industry though best practices and insurance.The cannabis space is up and running and its exponential growth is expected to continue. The excitement and passion for the industry and the wealth it can create sometimes take precedence over careful planning for the potential legal and business issues which will arise. Taking practical steps, sooner rather than later, will protect and assist with minimizing potential losses and shifting certain future costs to your insurer. This material is critical for all companies working in the cannabis space, from the smallest start up, to the largest corporation, as it will take you through the myriad of issues the industry is facing and provide you with practical information to address those issues and to put you in a position where future claims are covered by an insurance and not taken from your bottom line.
Date: 2020-03-02 Start Time: End Time:
Learning Objectives
Overview
Legalization of Medicinal and Recreational Marijuana
• Legalization
• State of the Cannabis Market
• Ancillary M&A/IPO Returns
Treatment of Marijuana Under Federal Law
• Controlled Substances Act
• Key Decisions on Applicability of Federal Law
• FinCEN, the Bank Secrecy Act and Guidance for Marijuana Businesses
Business Risks Under the Civil Asset Forfeiture Act
• Civil Asset Forfeiture Around the Nation
• Civil Asset Forfeiture for Marijuana Facilities
• Innocent Owner Defense
Business and Legal Considerations When Dealing With Cannabis
• Banking Issues
• Leasing Issues
• Personal Property Financing Issues
• Real Property Financing Issues
• Intellectual Property Issues
• Trade Secret Issues
• Corporate Governance Issues
• Licensing Issues
• Compliance Issues
• Tax Issues
• Employment Issues
• Americans With Disabilities Act Issues
• Products Liability Issues
• Attorney Client Issues
Bankruptcy and Restructuring Related Cannabis Issues
• Prohibitions on Illegal Activities
• Early Bankruptcy Cases Involving Marijuana
• Critical Issues for Marijuana Bankruptcies
• A Glimmer of Hope
• Recent Bankruptcy Cases
Insurance Coverage (Generally)
• Contracts of Indemnity
• Claims Made vs. Occurrence-Based Policies
• Self-Insured Retentions (SIR)/Deductibles
• Insuring Agreement
• Exclusions/Exceptions
• Endorsements
• The Duty to Defend
• The Duty to Indemnify
Title Insurance
• What It Covers
• Its Benefits
• Issues and Potential Solutions
Directors and Officers Policies
• What It Covers
• Its Benefits
• Issues and Potential Solutions
Commercial General Liability Insurance Policies
• What It Covers
• Its Benefits
• Issues and Potential Solutions
Workers’ Compensation Insurance Policies
• What It Covers
• Its Benefits
• Issues and Potential Solutions
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Oren Bitan-Buchalter, Jason E. Goldstein – Buchalter
