NCIA Committee Insights: Enforcing Cannabis-Related Contracts in Federal Court
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Federal courts have increasingly ruled on disputes arising out of the cannabis industry and judges have applied federal statutes to cannabis-related matters. Although federal policy regarding enforcement of the Controlled Substances Act has shown ambivalence where the possession and distribution of marijuana is consistent with well-regulated state law, many federal courts take a nuanced but strict position with respect to enforcement of cannabis-related contracts and other rights. A federal judge in Nevada has recently issued a ruling that calls into question the ability to enforce cannabis-related contracts in federal courts. A panel of experts will examine how this case compares to other federal and state cases examining this question and what impact these cases may have on how cannabis deal-making gets done as well as best-practices to mitigate the risk of non-enforcement.
Panelists:
Ian Stewart
Attorney
Wilson Elser
Katy Young
Managing Partner
Ad Astra Law Group, LLP
Jason Horst
Principal
Horst Legal Counsel