By Gary Cohen Chatter surrounding cannabis and banking is loud. The Senate Consumer Protection and Financial Institutions subcommittee held a hearing on access to banking for state-legal cannabis businesses. The House Financial Services committee held its first-ever hearing on the issue as well. Both took testimony from industry participants and financial institutions alike, both sides […]
Ron Wyden
The Impact of the Sessions Memo on Contracts with Cannabis Businesses
By Michael H. Sampson and Gregory D. Vose A court may refuse to enforce a contract, or a contractual provision, that contravenes public policy. Accordingly, in the context of marijuana, more than one party looking to escape a contract – such as a lease or an insurance policy issued to a marijuana dispensary – and […]
