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.
Ian Stewart Attorney Wilson Elser
Katy Young Managing Partner Ad Astra Law Group, LLP
NCIA is leading the cannabis industry's unified and coordinated campaign to ensure our business sector is treated fairly and has the opportunity to reach its full potential. Now - more than ever - is the time to invest in your business and the future of the industry by becoming a member.