Collections are never easy. Even the best clients won't stop by your office just to drop off payment for a job well done. But our ethics rules don't allow us to outsource collections to third parties the way that we may advise our clients to do so, and many courts are currently closed.
So, when we are all running up against economic hardship, how do we ensure that we are able to keep our own doors open and collect for work already completed.
This panel will discuss, among other things: (i) the goals of implementing solid corporate governance infrastructure including transparency, equity among shareholders, and maintaining the integrity and legitimacy of a cannabis company in particular; (ii) the importance of advising clients about best practices for effectively maintaining and enforcing corporate governance systems by, including, but not limited to, adhering to the often-overlooked federal guidelines from the United States Sentencing Commission; and (iii) the importance of implementing corporate governance controls and policies during a company’s infancy; and (iv) lessons learned from high-profile cannabis companies whose poor corporate governance practices had a damaging impact, including companies like Namaste Technologies.
After becoming a cannabis lawyer, you need to ensure you are an ethical one. Learn from our panelists about the issues they confronted as soon as they entered cannabis practice, and what they never expected.
This panel will discuss the most relevant issues within this area and the best practices applied by leading practitioners in this field. The panel will provide an overview of financing opportunities and methods, timing for investments and other financing vehicles, and positioning your clients for responsible growth.