Ten Legal Considerations When Starting a Hemp Business

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Summary

Get the Right Insurance All businesses should have appropriate insurance coverage, but hemp companies quickly realize that not all insurance companies will write hemp insurance policies. Establish a Banking Relationship Many hemp companies are surprised to learn that many banks will not provide services to cannabis-related businesses, including hemp companies. In our experience, here are the ten things to consider when starting a hemp business. And in the event of a claim, the hemp company may learn that many hemp claims are denied for various reasons. Bradley’s Cannabis Industry team has a deep understanding of the many unique legal and business issues that impact hemp companies.

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So, you want to start a hemp company. You have your big idea and a business plan ready. At some point, though, you begin to wonder whether you should be thinking about any legal issues as you get your company off the ground. That’s where we come in.

Bradley’s Cannabis Industry team has a deep understanding of the many unique legal and business issues that impact hemp companies. Our multidisciplinary team of attorneys helps businesses successfully identify and mitigate risk and recognize opportunities for sustainable growth. In our experience, here are the ten things to consider when starting a hemp business.

 

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