Choosing the right business structure is one of the most important decisions you'll make as a business owner. It affects everything from how you're taxed and how much personal liability you face to how your business can grow. Two of the most popular structures are LLCs (Limited Liability Companies) and corporations (C corporations and S corporations), but which [...]
What Is a Business Contract and Why It Matters in Nevada Running a small business is a juggling act and you often must deal with vendors, employees, and customers, at the center of many of those relationships is a contract. While it may not be that exciting or the focal point of your business, a [...]
Things to Know When Starting a Business Starting a business can be very exciting, but it’s also can be risky. There are key steps to take when starting a business to help provide the legal framework and protections for the business. Laying the right foundation early can minimize costly mistakes. Here are some important considerations [...]
Starting a cannabis business can be both exciting and challenging. With the rapid expansion of the cannabis industry, entrepreneurs face a range of legal and regulatory hurdles that can make the process daunting. However, having an experienced cannabis lawyer by your side can significantly streamline the process and minimize risks. Lawyers that work in cannabis [...]
Behind the progression towards legalization and acceptance of cannabis in the United States are the driving forces: cannabis advocates. A cannabis advocate, in short, is an individual who supports cannabis legalization, education, and positive culture growth as it relates to the cannabis plant and its use. Cannabis advocacy movements have taken a shift over time [...]
After the 2016 election, Nevada legalized recreational cannabis, in addition to the states medical-marijuana program. As a result, possession and consumption of cannabis by adults became legal in January of 2017. Currently, the Cannabis Compliance Board, known as the CCB, serves as Nevada’s cannabis regulatory agency. The [...]
Starting a cannabis business can be both exciting and challenging. With the rapid expansion of the cannabis industry, entrepreneurs face a range of legal and regulatory hurdles that can make the process daunting. However, having an experienced cannabis lawyer by your side can significantly streamline the process and minimize risks. Lawyers specializing in cannabis law [...]
Since cannabis remains federally illegal, many banks, who run on a risk-based assessment, refuse to do businesses with cannabis companies. With 24 states, Washington D.C, and Guam having fully legal operating cannabis markets under their own laws, banks are put in an awkward position because of the inconsistencies between state and federal law. In 2021, [...]
In 2018, Congress utilized the Farm Bill to remove hemp from the controlled substances list. As a result, there was rapid growth in the hemp industry. It did not take long for the growth to spark a corresponding market in the pet industry. Many pet stores have begun carrying a plethora of CBD products. However, [...]
As a business owner, receiving the notice of a lawsuit can give rise to emotions such as anxiety, fear, or anger. Although receiving notice that your business is being sued is unquestionably a stressful time, you can set your company up to be ready for the road ahead. The three most important actions to take [...]
