Cannabis Industry Faces Increased Legal Exposure
Class action lawsuits against cannabis companies are on the rise, underscoring the industry’s need to reduce legal exposure.
Goodwin Law has analyzed over a dozen lawsuits against cannabis companies here. The firm found that lawsuits against marijuana and CBD businesses more than doubled from 2018 to 2019. They include lawsuits from stock holders as well as consumers.
Experts advise accurate disclosures and complete transparency with investors, as well as clear and concise communications with investors and the public.
Read more about the growing legal risks faced by the cannabis industry and what businesses can do to protect themselves at Marijuana Business Daily.