GETTING THE RIGHT INFORMATION ABOUT CANNABIS SETTLEMENTS - PowerPoint PPT Presentation

About This Presentation
Title:

GETTING THE RIGHT INFORMATION ABOUT CANNABIS SETTLEMENTS

Description:

If your cannabis business has had trouble collecting funds from customers, there is a chance that you may have had to reach a settlement. – PowerPoint PPT presentation

Number of Views:18
Slides: 3
Provided by: MacAddison
Category: Other

less

Transcript and Presenter's Notes

Title: GETTING THE RIGHT INFORMATION ABOUT CANNABIS SETTLEMENTS


1
GETTING THE RIGHT INFORMATION ABOUT CANNABIS
SETTLEMENTS If your cannabis business has
had trouble collecting funds from customers,
there is a chance that you may have had
to reach a settlement. There are some
instances in which a settlement is the
best choice. However, you will need to have
correct information about the settlement
process so that your company can get through
the process as efficiently as possible. This
includes having the right lawyers on your
team to handle litigation on a civil and
administrative level. One of the examples
you may want to refer to is the case
involving the Oregon Liquor Control Commission
(OLCC). The organization had the task of
enforcing and implementing the rules for
the state concerning recreational marijuana.
The OLCC conducts inspections of marijuana
licenses at random. If there are any
violations, a charging document is given to
the cannabis business. This sometimes
happens months after the inspection. The
OLCC practice has also led some Oregon
cannabis companies to come to
settlements. The settlements will allow the
businesses to continue functioning and servicing
customers. If a cannabis company gets a charging
document, the company administrators should read
over the violation. This will help business
owners come up with a practical settlement plan.
The cannabis company has the option to waive the
right to hearing a pay, a discounted fine,
or receive a suspension for a reduced
amount of time. Or, the cannabis
company can arrange an administrative
hearing. Some companies also choose to simply pay
the entire fine or serve the full suspension. If
the letter indicates that the company has
committed a Category I violation, the licensee
has the option of requesting a hearing or giving
up his/her license.
2
It is important to know what the choices
are when it comes to a cannabis settlement.
If you own a cannabis company, talk over your
options with your team. For instance, if you
can afford to pay the fine to end a
pending settlement, this may be the best option.
After all, paying the fine will prevent your
company from being closed down. This allows you
to continue providing customer service and
making a profit. If you dont have the
money to take care of the fine right away, talk
with the current administrators for your state.
They will show you how to cut the cost
of your fees by adhering to specific
regulations and rules. Settlements can also
be quicker and easier if you have
qualified cannabis lawyers to help get the
job done. These lawyers can look through
all the documents that have been served
regarding the settlement to make sure youre
not missing anything. If there are any loopholes
or additional options in the documents, the
lawyers can point this out so that a
settlement can be reached quicker. Cannabis
attorneys can also represent your company
in court if the settlement has to be taken care
of with a presiding judge. Having a few
informative interviews with the cannabis
attorneys youre considering can assist you in
finding the right legal representation for your
cannabis settlement case. Article source
http//www.spmbexecutivesearch.com/getting-the-rig
ht-information-about-cannabis- settlements/
Write a Comment
User Comments (0)
About PowerShow.com