Following its rapid spread, on March 11, 2020 the World Health Organization declared coronavirus (“COVID-19”) to be a pandemic thereby potentially voiding every commercial contract via “force majeure” provisions and the common law doctrine of frustration (“Frustration Doctrine”). “Force majeure” events mirror “Acts of God” like floods that are outside of parties’ control and relieve them from performing contractual obligations. Although most contracts contain “force majeure provisions”, these clauses range in scope and severity and often hinge on how invoked. Over ensuing weeks, knowing
Policy and Legal
Colorado’s marijuana businesses can remain open during pandemic, but they say they’re still struggling
Industry News
MJ Unpacked Debuts A Series of 3D Virtual Summits Starting May 12th
Producers
How One California Cannabis Company is Adapting to the New Not-So-Normal of COVID-19
Coronavirus Best Practices
Protecting Health, Safety and Your Business’ Future is Priority One in the Cannabis Industry
Processors
Wana launches in Oklahoma for Medical Marijuana Patients including new high potency treatment options
Banking, Finance & Real Estate
Acreage Announces Operational Updates, Executive Resignation, Suspension of Guidance and Termination of Proposed Deep Roots Acquisition
- Helix Technologies Announces Fourth Quarter and FY 2019 Results: Banner Year With Record Revenues, Expanding Gross Margins and Improving Cash Flow From Operations
- Innovative Industrial Properties Acquires Massachusetts Property and Expands Real Estate Partnership with AWH
- Cronos Group Reports 2019 Fourth Quarter and Full-Year Results
