5 Considerations for Avoiding Cannabis Ownership Disputes

Lately, my firm’s cannabis litigation team has seen a massive spike in cannabis businesses owners suing their fellow owners within the same cannabis business. Whether you’re already headed to court or you’re just sensing a company mutiny brewing on the horizon, the five tips in this blog post will help you prevent an ownership dispute and best resolve one if one should occur.
 
  1. Perform due diligence on your co-owners. If you want to increase your odds of avoiding a dispute with your cannabis business co-owner, the most important thing you can do is to choose that co-owner wisely.  What really kills me is how often I have been told by a party locked in a life or death ownership dispute that they barely knew their business partner before they jumped into business with them. If you are going to start a cannabis business, the first thing you do is find out as much as you can about
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