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Piercing the Corporate Veil

The so-called corporate veil is the legal designation of a limited liability company (LLC). The LLC designation is what offers business owners protection from legal responsibility for the company. When...

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Banking, Cash and Cannabis

Cannabis remains federally illegal in the United States. This means it is illegal for banks to handle medical and recreational cannabis revenue. As with other aspects of the cannabis business,...

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Starting a Cannabis Business: License Types

With the recent legalization of recreational cannabis in many states, entrepreneurs may want to start thinking about what kind of cannabis business they want to form. One of the first...

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Beware of Intellectual Property Pirates!

Aye!  They took ye ideas and stole them!  Now what?   Watch Attorney Larry Donahue lead business owners through the steps that will help them identify when someone has stolen their...

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Tips for Starting a Cannabis Business.

Federal Prohibition Continues Despite cannabis being legal in 18 states, the federal government still maintains cannabis prohibition through the Controlled Substances Act. Cannabis prohibition creates numerous challenges for cannabis businesses...

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5 Basic Steps to Dissolve a Partnership

Dissolving a Partnership is very similar to a divorce, from both a cost and emotional perspective. While it is never advantageous for the relationship to degenerate into contention, it happens...