After completing this program, participants will be able to:
• Understand the current cannabis landscape—compare key states with regulated cannabis markets and hemp cannabinoid markets, understand the state legalization process and analyze the impact of litigation.
• Explore the federal legal framework, compare the federal legal treatment of hemp and regulated cannabis, and review the FDA and TTB regulatory frameworks.
• Understand the state of the market from the in-house perspective—is M&A heating up or cooling down? What is the impact of shareholder litigation on growth and multistate operators? Who is doing brand licensing and distribution deals?
• Explore substance abuse and competence issues for lawyers advising regulated industries—examine how addiction impairs an attorney’s ability to practice law, define and examine the legal difference between substance use and substance abuse, and understand the Harm Reduction Framework.
• Understand best practices in advanced contract drafting, the diligence process and how to evaluate potential partners in the supply chain, indemnity and shifting liability, and compliance issues.
• Examine the intellectual property landscape and learn how an industry that is still federally unlawful can develop a deep and protectable intellectual property portfolio.
• Understand ethical considerations behind representing a cannabis client.